Bitcoin (BTC) is the world's first and most well-known cryptocurrency. Launched in 2009 by the pseudonymous developer Satoshi Nakamoto, Bitcoin introduced the concept of decentralized digital money and laid the foundation for the entire blockchain industry.
What is Bitcoin used for?
Bitcoin is primarily used as a digital store of value and a peer-to-peer payment system. It enables users to:
- Send money anywhere in the world without banks
- Store value over time (often referred to as “digital gold”)
- Make payments with full control over their funds
Bitcoin transactions are recorded on a public, decentralized ledger called the blockchain. No central authority controls the network.
What makes Bitcoin unique?
- First-ever decentralized digital currency
- Strictly limited supply of 21 million BTC
- Highly secure through global mining network
- Open-source and censorship-resistant
BTC on Floin
Floin supports Bitcoin on its own native blockchain. You can store, send, and receive BTC securely – and participate in the world’s most recognized and valuable cryptocurrency network.
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