What is Bitcoin?
The World’s First and Most Popular Crypto Asset
Bitcoin is a decentralized digital asset that enables peer-to-peer transactions without the need for intermediaries, such as banks or governments. Created in 2009 by an anonymous entity known as Satoshi Nakamoto, Bitcoin operates on a secure, open-source blockchain and has become the most widely recognized crypto asset. As the original digital asset, Bitcoin has paved the way for the broader crypto-ecosystem and remains a store of value and medium of exchange for millions worldwide.
Why Bitcoin?
Bitcoin’s widespread appeal is due to its distinctive features and benefits:
Decentralization: Bitcoin operates without a central authority, meaning no single entity controls the network.
Limited Supply: With a maximum supply of 21 million coins, Bitcoin is often viewed as a hedge against inflation and a store of value.
Security: Bitcoin transactions are secured by the Proof of Work (PoW) consensus mechanism, making the network highly resistant to attacks.
These features make Bitcoin attractive to those looking for an alternative to traditional currencies and a decentralized financial asset.
BTC: The digital gold
BTC, or Bitcoin, is the native asset of the Bitcoin network, and it serves as both a digital asset and a store of value:
Medium of Exchange: BTC can be used for online purchases, remittances, and as an investment, accepted by a growing number of merchants and platforms.
Store of Value: Often referred to as ‘digital gold,’ BTC is seen by many as a hedge against economic instability, thanks to its scarcity and decentralized nature.
BTC continues to be a popular choice among individuals, businesses, and institutions seeking exposure to the crypto market.
Bitcoin’s Vision and Community
Bitcoin was created with the vision of providing a decentralized alternative to traditional financial systems. Its mission is to empower individuals with a financial network that operates outside the control of any government or central bank. Bitcoin’s development is supported by a global community of developers, miners, and advocates who work to improve the protocol and expand its use cases.
As Bitcoin adoption grows, so does its influence, with supporters worldwide working to build a financial ecosystem based on principles of decentralization, security, and financial sovereignty.
Invest in Bitcoin
Virtune Bitcoin ETP is a physically-backed exchange-traded product (ETP) designed to offer investors a secure and cost-effective way to gain exposure to Bitcoin (BTC). This is made possible through a transparent and physically-backed structure with institutional-level security.
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