bitcoin.org · Finance & Crypto
Bitcoin
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Bitcoin is a decentralized digital currency, or cryptocurrency, that operates without a central bank or single administrator. Transactions are recorded on a public distributed ledger called a blockchain, and new units are generated through a process known as mining.
It is used for peer-to-peer transactions, investments, and as a store of value. Bitcoin is for individuals and businesses seeking an alternative to traditional fiat currencies, those interested in digital assets, and participants in the cryptocurrency ecosystem.
“Famously declared himself 'irresponsibly long' bitcoin in 2020, musing it 'may not be even worth owning any other asset' for the long term.”· Raoul Pal
