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What Is BTC | Bitcoin
BTC is the ticker symbol for Bitcoin, the world’s first and most well-known cryptocurrency.
Bitcoin was created as a decentralized digital asset that allows people to send value online without using a bank.
Many people see Bitcoin as “digital gold” because of its limited supply.
Key Bitcoin fact
Bitcoin has a maximum supply of 21 million coins, which is one reason people view it as scarce.
Real-Life Bitcoin Example
If you buy 0.1 BTC and Bitcoin rises from $50,000 to $60,000, the value of your holdings rises too.
At $50,000, your 0.1 BTC is worth $5,000.
At $60,000, it is worth $6,000.
Why BTC is important
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First major cryptocurrency
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Limited supply
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Widely traded and recognized
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Often used as a long-term speculative asset
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