No central authority like a bank oversees these transactions. Instead, a global network of computers (miners) validates the data using massive computational power.
Every transaction is transparent and can be traced through the public ledger, providing a permanent audit trail for all network activity. 2. Bitcoin (BTC) as Digital Gold blockchain_btc
There will only ever be 21 million BTC in existence, with over 19 million already mined. This scarcity is a primary driver of its long-term value. No central authority like a bank oversees these transactions
Bitcoin was designed to be a "slow, minimal, and resistant to change" asset, prioritizing security above all else. and resistant to change" asset