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What is Bitcoin BTC ?

Bitcoin is a decentralized cryptocurrency presented in a 2008 white paper by an individual (or a group of individuals) acting under the pseudonym Satoshi Nakamoto. Its launch took place in January 2009.

Bitcoin is a peer-to-peer cryptocurrency, where all transactions take place between equal and independent participants, without having to be authorized or facilitated by an intermediary. Bitcoin was created, in Nakamoto's words, so that "online payments are sent directly from one party to another without having to go through a financial institution."

Concepts similar to a decentralized digital currency predate BTC, but Bitcoin has the distinction of being the very first cryptocurrency to come into use.
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