Bitcoin (BTC) is the first and most valuable cryptocurrency, created in 2009 by Satoshi Nakamoto. It operates as a decentralized digital currency without a central bank or single administrator, allowing peer-to-peer transactions on the Bitcoin network without intermediaries.
Bitcoin is often referred to as "digital gold" due to its limited supply (21 million BTC maximum) and store-of-value properties. It has become the most recognized and widely adopted cryptocurrency globally, with a market capitalization often exceeding $500 billion.
Key Characteristics of Bitcoin
- Fixed Supply: Only 21 million Bitcoin will ever exist, creating scarcity
- First Cryptocurrency: Launched in 2009, pioneering blockchain technology
- Proof of Work: Uses mining to secure the network and validate transactions
- Halving Events: Bitcoin issuance is cut in half approximately every 4 years
- Global Acceptance: Accepted by thousands of merchants and institutional investors
Real-World Example
If you bought 1 Bitcoin in 2010 for less than $1, it would be worth over $40,000 today (as of 2026). Many investors view Bitcoin as a hedge against inflation and a long-term store of value, similar to gold.
Related Crypto Terms
Understanding Bitcoin is easier when you're familiar with these related concepts:
Start Trading with AI-Powered Insights
Now that you understand Bitcoin, take your crypto knowledge to the next level with Strykr.ai. Our AI-powered platform provides:
- Real-time market alerts and trading signals
- Advanced crypto market intelligence
- Portfolio tracking and risk management
- Educational resources for all experience levels
Get started with Strykr.ai today and make smarter crypto trading decisions.