4SV

Bitcoin is a decentralized digital currency that operates without a central authority, allowing for peer-to-peer transactions and payments. Established in 2009 and based in San Jose, California, Bitcoin enables users to buy, trade, and store bitcoins through various secure digital wallets. Unlike traditional currencies, bitcoins are generated by individuals and businesses utilizing computers to solve complex mathematical problems. The platform is open-source, meaning its design is public and accessible to all, fostering a community where anyone can participate. Bitcoin's unique properties make it a pioneering example of cryptocurrency, offering innovative financial solutions that traditional payment systems cannot provide.