Bitcoin (BTC) is a global cryptocurrency that is decentralized, peer-to-peer, and does not involve a middleman such as a bank. It was created in 2009 by developers based on the whitepaper from an unknown person or group using the alias Satoshi Nakamoto. As a digital currency people are able to send, receive and make purchases with it. Bitcoin runs on blockchain technology which makes it secure and trustworthy. Although transactions are public, user information is not displayed, only the user’s wallet ID. Over the years Bitcoin has developed a use case as digital gold and a hedge against inflation.