Bitcoin explained in 60 seconds:
$BTC is the first and largest cryptocurrency. It is digital money that is not controlled by one bank or government. Instead, it runs on a network of computers around the world.
Think of it like this:
1. You can send it to anyone, anywhere, without a bank in the middle.
2. There will only ever be 21 million BTC. That limited supply is one reason people pay attention to it.
3. Its price moves a lot, so it is risky. It can go up fast, and fall fast too.
Bitcoin is not a get-rich-quick scheme. It is a technology first, and an investment second.
What was the first thing you heard about Bitcoin? A friend, news, or social media?
Not financial advice. DYOR.
$BTC is the first and largest cryptocurrency. It is digital money that is not controlled by one bank or government. Instead, it runs on a network of computers around the world.
Think of it like this:
1. You can send it to anyone, anywhere, without a bank in the middle.
2. There will only ever be 21 million BTC. That limited supply is one reason people pay attention to it.
3. Its price moves a lot, so it is risky. It can go up fast, and fall fast too.
Bitcoin is not a get-rich-quick scheme. It is a technology first, and an investment second.
What was the first thing you heard about Bitcoin? A friend, news, or social media?
Not financial advice. DYOR.