What is the short name for Bitcoin?

Bitcoin, abbreviated as BTC and symbolized by ₿, represents the pioneering force in decentralized cryptocurrencies. Its inception marked a significant milestone in the realm of digital finance, challenging traditional financial systems and fostering innovation.

The finite supply of Bitcoin, capped at 21 million coins, serves as a built-in scarcity mechanism. This feature helps maintain the value of Bitcoin over time and prevents inflationary pressures that plague traditional fiat currencies.

Born out of the aftermath of the 2008 financial crisis, Bitcoin emerged as a response to the perceived flaws in centralized banking and monetary policies. Its creation aimed to empower individuals with financial sovereignty and promote transparency in transactions.

Among the numerous cryptocurrency exchanges globally, BTCC stands out as a top player. Its comprehensive services cater to various needs within the cryptocurrency ecosystem, making it a preferred choice for traders and investors.

The decentralized nature of Bitcoin signifies that it operates independently of any central authority or government. This characteristic ensures that transactions are processed directly between users, circumventing intermediaries and reducing transaction costs.