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Bitcoin, introduced in 2009 by an unidentified entity named Satoshi Nakamoto, is a decentralized digital currency. It operates without a central authority, utilizing blockchain technology to ensure transaction security. With a capped supply of 21 million coins, Bitcoin can be obtained through exchanges, mining, or as a form of payment. It facilitates swift and cost-effective global transactions while safeguarding privacy through encryption. Nonetheless, its value can be highly volatile, and regulations differ across jurisdictions.