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Bitcoin: What You Need to Know

Introduction Bitcoin, created in 2009 by an anonymous entity using the name Satoshi Nakamoto, is a digital currency that has gained significant popularity in recent years. Bitcoin is a decentralized currency that operates independently of banks and governments. It uses a technology called blockchain to keep track of transactions and ensure the integrity of the currency. In this article, we will cover everything you need to know about Bitcoin. History of Bitcoin Bitcoin was created in 2009 by Satoshi Nakamoto. Nakamoto's true identity is unknown, and he has never been publicly identified. The first Bitcoin transaction took place in January 2009, and the first Bitcoin exchange was established in March of that year. Bitcoin has had a volatile history, with its value reaching an all-time high of nearly $65,000 in April 2021 before dropping significantly. How Bitcoin Works Bitcoin works through a technology called the blockchain. Blockchain is a decentralized ledger that records all Bi...