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Bitcoin
Bitcoin is a decentralised digital currency created in 2009 by an unknown person or group of people using the name Satoshi Nakamoto. It is the first and most well-known cryptocurrency in the world and currently the most valuable cryptocurrency with the highest market capitalisation. Unlike traditional currencies issued by central banks, Bitcoin operates on a peer-to-peer (P2P) network, allowing users to send and receive payments without the need for intermediaries.
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Key Takeaway
Bitcoin is the first decentralised digital currency, created by an unknown person or group of people using the name Satoshi Nakamoto.