What is #Bitcoin? A peer-to-peer electronic cash system Bitcoin is a unique, decentralized, peer-to-peer transaction network featuring a finite, programmable native digital currency. Bitcoin (BTC), the intrinsic asset of the Bitcoin blockchain, operates autonomously, free from central authorities or administrators. The Bitcoin network's stability is achieved through the collaborative efforts of full nodes, miners, and developers. Its foundation lies in a user-established and user-agreed social contract, which is strengthened by the strategic use of game theory and sophisticated cryptography. Bitcoin's design ensures censorship-resistance, permissionless access, and a reliable store of value, making it an innovative and secure form of digital money.