Bitcoin is a cryptocurrency I've been hearing but haven't gotten a full information about it.The only information I was having on bitcoin was the bull run market,when people bought bitcoin,stored it in their digit wallet,and when the price of bitcoin was high(Bull run market) in 2021,those people that were having bitcoin in their wallet sold it and some invested,some bought cars,houses etc.So that was the only information I was having on bitcoin but when I joined this forum I've acquired some information on bitcoin,that bitcoin is not a get quick rich investment.And-
1.Bitcoin was the first cryptocurrency.
2.Bitcoin was launched in 2009 by an anonymous inventor called Satoshi Nakamoto.
3.It's a decentralized digital currency that uses peer to peer(P2P)-It allows users to trade,sell,buy bitcoin in any part of the world without the involvement of the government or bank.
4.Bitcoin is not accepted in most countries.
5.Bitcoin is not controlled by the government.
6.Bitcoin cannot be hacked.
So with this knowledge I have on bitcoin as a beginner,I'm still open to know more and take corrections.
You only have some information about Bitcoin and not some knowledge about it. People who explain and introduce you to Bitcoin are just people who buy when it is low and sell when the price goes up. They did not give you any good information about Bitcoin or why it was created.
Bitcoin was created to give us financial freedom; it serves as an alternative to fiat currency, and it is decentralized, meaning it cannot be controlled by any third party or government. Bitcoin is not just to buy and sell to make a profit; you can invest in it and keep it in your wallet for years.
If you wants to know more about Bitcoin, stick to this forum and ask questions.
You can also visit this book to learn more.