Bitcoin launched in 2009 as peer-to-peer digital cash. Its fixed supply and proof-of-work consensus underpin the 'digital gold' narrative that dominates today.
Historical drawdowns have exceeded 80%. Long holders have been rewarded, but the ride is not for the faint-hearted.
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How to hold Bitcoin safely?
Reputable exchanges are convenient; self-custody with a hardware wallet is the most secure but shifts responsibility entirely to you.