SATOSHI (SMALLEST UNIT OF BITCOIN)
Satoshi is the smallest unit of Bitcoin, equal to one hundred millionth of a Bitcoin.
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Bitcoin is the first decentralized cryptocurrency, created by an anonymous entity known as Satoshi Nakamoto in 2009. It operates on a peer-to-peer network and uses blockchain technology to ensure transparency and security. Traders engage with Bitcoin for speculative trading, investment, and as a store of value, capitalizing on its price volatility. Its decentralized nature makes Bitcoin resistant to central bank control, positioning it as both an alternative asset and a hedge against inflation.