Bitcoin, the first cryptocurrency, was created in 2009 by an anonymous entity under the pseudonym Satoshi Nakamoto. Unlike conventional currencies, Bitcoin is decentralized and operates on a peer-to-peer network using blockchain technology, which ensures transparency and security without the need for intermediaries like banks. Did you know that the first real-world Bitcoin transaction was for two pizzas in May 2010, costing 10,000 Bitcoins? This seemingly trivial purchase marked a significant milestone in Bitcoin’s journey to becoming a globally recognized digital asset. Today, that amount of Bitcoin is worth millions, reflecting its dramatic rise in value and adoption over the years. Bitcoin’s finite supply, capped at 21 million coins, adds to its appeal as a digital store of value.
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