#BinanceBitcoinSAFUFund #MarketCorrection #AISocialNetworkMoltbook Decentralization (No Middleman)
Traditional money (like Dollars or Euros) is controlled by central banks. Bitcoin is different because it runs on a peer-to-peer network. No single person, company, or country owns it. Transactions happen directly between users.
2. The Blockchain (The Ledger)
Imagine a public notebook that everyone can see but nobody can cheat. Every time Bitcoin is sent, it’s recorded on the blockchain.
Transparent: Anyone can see the transaction history.
Secure: Once a transaction is recorded, it’s nearly impossible to change or delete.
3. Limited Supply (Digital Gold)
Unlike paper money, which governments can print more of, there will only ever be 21 million Bitcoins. This scarcity is why many people compare it to gold—it's designed to resist inflation over time.
4. Mining (How it's Created)
New Bitcoins enter the system through a process called mining. High-powered computers solve complex puzzles to verify transactions and secure the network. In exchange for this "work," miners are rewarded with new Bitcoin.
Why do people use it?
Privacy: You don't need to provide a name or ID to create a wallet (though exchanges usually do).
Global: You can send it to someone across the world in minutes without waiting for a bank.
Investment: Many people buy it hoping the price will go up as more people adopt it.
A quick heads-up: Bitcoin prices can be a wild ride—it's very volatile. It's often treated more like a digital asset (like a stock) than everyday cash.$BTC
