Bitcoin

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(BTC).

Bitcoin is a digital currency that is created, and effectively administered without recourse to a central bank or other central authority.

It was launched in 2009.


Bitcoin is sometimes abbreviated to 'BC', rather than BTC.


Environmental costs & macroeconomic instability
"From 7 September 2021 bitcoin [became] legal tender in El Salvador despite warnings from the IMF and the World Bank citing the potential impact on macroeconomic stability and bitcoin’s environmental costs."
Association of Corporate Treasurers - Update on the Payments landscape - September 2021.


See also


Other resource