Bitcoin is the first decentralized cryptocurrency, created in 2009 by an unknown person using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network without the need for a central authority. Bitcoin transactions are recorded on a public ledger called the blockchain.

Bitcoin's decentralized nature and blockchain technology have revolutionized finance, offering transparency and security. It's intriguing to think how it might continue to evolve and potentially reshape global economic systems.