What Is Bitcoin (BTC)?
Who Are the Founders of Bitcoin?
What Makes Bitcoin Unique?
How Much Bitcoin Is in Circulation?
How Is the Bitcoin Network Secured?
Bitcoin Energy Consumption
What Is Bitcoin’s Role as a Store of Value?
How Is Bitcoin’s Technology Upgraded?
What Is Taproot?
What Is the Lightning Network?
How Much Is Bitcoin?
Is Bitcoin Political?
Where Can You Buy Bitcoin (BTC)?
What is Mining?
Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Thanks to its pioneering nature, BTC remains at the top of this energetic
market after over a decade of existence. Even after Bitcoin has lost its
undisputed dominance, it remains the largest cryptocurrency, with a market
capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin
price hit an all-time high of $64,863.10 on April 14, 2021. This is owing
in large part to growing institutional interest in Bitcoin, and the ubiquitousness
of platforms that provide use-cases for BTC: wallets, exchanges, payment
services, online games and more.