Aminu Aliyu

BTC stands for Bitcoin, which is a decentralized digital currency. Here are some key points about Bitcoin:

1. *Decentralized*: Bitcoin operates independently of central banks and governments.
2. *Limited supply*: There will only ever be 21 million Bitcoins in existence.
3. *Fast and global*: Bitcoin transactions are processed in real time, regardless of the senders and recipients locations.
4. *Secure*: Bitcoin uses advanced cryptography to secure transactions and control the creation of new units.
5. *Open source*: Bitcoins underlying code is open source, allowing developers to review and contribute to it.
6. *Mining*: New Bitcoins are created through a process called mining, which involves solving complex mathematical problems.
7. *Blockchain*: Bitcoin transactions are recorded on a public ledger called the blockchain, ensuring transparency and immutability.

Bitcoin has several use cases, including:

1. *Digital gold*: A store of value and hedge against inflation.
2. *Payment me