What is Bitcoin?
Bitcoin is the first blockchain-based currency, also known as a digital asset
No one knows precisely how many computers are in the system. Although some people think it could be around 3 million computers or so-called nodes.
Unlike fiat currencies, Bitcoin has a fixed maximum supply. Once the number of tokens reaches 21,000,000 through mining, no more Bitcoin will be created.
is extremely high
Bitcoin volatility is still high compared to other traditional investments. There’s no circuit breaker or market break to stop trading when the price crashes since there’s no authority controlling Bitcoin. So there’s a high risk but also a chance for high return as well.
than fiat money
To change or hack Bitcoin is almost impossible since you would need to compromise more than 50% of the computers in the system, which is millions at a time.