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Bitcoin is a decentralized digital currency that operates without a central authority or intermediary. It was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures transparency and security. People can buy, sell, and trade bitcoins on various online platforms and use them for transactions or investment purposes. Bitcoin's value can be volatile, leading to both risks and opportunities for investors. Overall, Bitcoin has garnered significant attention as a potential disruptor of traditional financial systems and a store of value in the digital age.