Bitcoin Explained: What It Is and How It Works 💡
Bitcoin is frequently called "digital gold," but this description only scratches the surface. 🌟 At its core, Bitcoin signifies a profound shift in how money can exist, move, and be controlled. Grasping its mechanics clarifies why it has driven so much discussion, innovation, and adoption over the last decade.
At its core, Bitcoin functions as a form of digital money designed to operate independently. It does not rely on banks, governments, or any centralized institutions for its operation. 🌐 Bitcoin was first introduced in 2008 by the anonymous Satoshi Nakamoto.