Bitcoin is the world's first cryptocurrency and remains the most valuable digital asset. Here's everything beginners need to know.
What is Bitcoin?
Bitcoin is a decentralized digital currency that operates without banks or governments. Created in 2009 by the pseudonymous Satoshi Nakamoto, it enables peer-to-peer transactions anywhere in the world.
Key Characteristics
- Decentralized: No single entity controls Bitcoin
- Limited Supply: Only 21 million will ever exist
- Transparent: All transactions are public
- Secure: Protected by cryptography
- Borderless: Works anywhere with internet
How Bitcoin Works
Bitcoin uses blockchain technology—a distributed ledger maintained by thousands of computers worldwide. Transactions are verified by miners who solve complex puzzles and are rewarded with new Bitcoin.
Why Bitcoin Matters
- First truly digital scarce asset
- Protection against inflation
- Financial inclusion for the unbanked
- Censorship-resistant transactions
Getting Started
Ready to buy your first Bitcoin? Check our How to Buy Bitcoin guide.