What is Bitcoin? A Beginner's Guide to Cryptocurrency

Bitcoin is a digital currency or cryptocurrency that operates on a decentralized network called the blockchain. It was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin allows for peer-to-peer transactions without the need for intermediaries like banks. It is based on cryptographic principles and relies on a network of computers to verify and record transactions. The value of Bitcoin can fluctuate greatly and is often subject to high volatility. As of now, Bitcoin has gained significant attention and popularity as a potential investment opportunity.