Question

What is Bitcoin?

Answer 1

Bitcoin is a decentralized digital currency created in 2009 by an unknown person or group of people using the name Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed ledger that records all transactions across a network of computers. Bitcoin can be used for online transactions, investments, and as a store of value, similar to gold.

Answer 2

Bitcoin is a form of digital currency that operates independently of a central bank. It is a decentralized system that allows people to make peer-to-peer transactions without the need for intermediaries like banks. Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures transparency and security.