Bitcoin is the first decentralized cryptocurrency. Created to enable the exchange of value on the Internet without a central bank or mandatory intermediary, it relies on an open, global and transparent network. Its native asset, BTC, is often presented as a digital store of value because of its limited supply and its independence from traditional monetary policies.
How it works
The Bitcoin network is based on a public blockchain: each transaction is verified by network participants, then recorded in a distributed ledger. The protocol’s security relies on proof of work, a mechanism that makes altering transaction history extremely difficult. Miners secure the network, validate blocks and receive bitcoins as a reward.
Utility
Bitcoin makes it possible to transfer value globally, hold a scarce digital asset and diversify a wealth allocation. For a prudent investor, it offers exposure to the development of digital assets, with a long-term approach focused on financial sovereignty and protection against monetary erosion.
