Bitcoin is a digital form of money, but unlike ordinary fiat currencies, it is not under the control of the central bank. The basis for managing the financial system of Bitcoin is thousands of computers distributed around the world. Any user can participate in the work of this system after installing open-source software.
Bitcoin was the first cryptocurrency to be announced in 2008 (and launched in 2009). It was developed by a group of Japanese programmers. It provides users with the ability to send and receive digital money (bitcoins or BTC). The main quality that makes this currency so attractive is that it cannot be censored, and transactions can be made at any time and from anywhere. Thanks to these qualities, the first cryptocurrency became very popular in the world, which positively affected its value. The price of one coin increased from a few cents in 2009 to $ 20,000 in 2012. Today, the value of the asset is 6−6.5 thousand dollars.