Bitcoin Explained: The Future of Decentralized Money

  Bitcoin Explained: The Future of Decentralized Money Aim:  To explore Bitcoin’s transformation into a mainstream financial asset through corporate adoption, national policy shifts, major network upgrades, NFT integration, and its emergence as a sovereign reserve asset. Keywords: Satoshi Nakamoto, Blockchain, Bitcoin white paper, Genesis block, Decentralized currency, Bitcoin Foundation, Silk Road, Bitcoin Cash, Bitcoin ETF, Taproot upgrade, Strategic Bitcoin reserve Abstract: The first decentralized cryptocurrency is called Bitcoin, which is shortened to BTC and has the symbol ₿. Bitcoin, which is based on the free-market philosophy, was created in 2008 when an unidentified person published a white paper using Satoshi Nakamoto's pseudonym. With the introduction of its open-source implementation in 2009, bitcoin was first used as a currency. It became legal tender in El Salvador in 2021. Since bitcoin is a pseudonym, authorities have become aware of its use by criminals, and ...