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Bitcoin (BTC) is a decentralized digital currency created in 2009 by an unknown person or group under the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network, allowing users to send and receive payments without relying on a central authority. Transactions are verified by network nodes through cryptography and recorded on a public ledger called a blockchain. Bitcoin offers several advantages, including decentralization, security, transparency, and lower transaction fees. However, it also faces challenges such as price volatility, regulatory uncertainties, and environmental concerns related to mining. In 2024, Bitcoin continues to be the leading cryptocurrency, with increasing institutional adoption and technological advancements like the Lightning Network improving its scalability and usability. Despite ongoing debates and regulatory developments, Bitcoin's potential as a digital asset and its role in the future of finance remain significant.