Bitcoin

Bitcoin is the first digital currency built on blockchain technology and is recognized as a decentralized digital currency based on cryptography. Unlike government-issued currencies or fiat currencies like the US dollar or euro, which are controlled by central banks, Bitcoin can operate without the need for a central authority such as a central bank or a specific company. Its decentralized nature allows it to function in a peer-to-peer network, enabling users to send funds to each other without the need for intermediaries.