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It was designed as a peer-to-peer form of money that can be sent online without relying on banks, payment companies, or a central issuer.</p> <h2 class="wp-block-heading">How It Works</h2> <p class="wp-block-paragraph">Bitcoin runs on a public blockchain maintained by a global network of computers. Transactions are grouped into blocks, and miners use computing power to secure the network and add new blocks to the chain.</p> <p class="wp-block-paragraph">The supply of bitcoin is limited by code. No more than 21 million BTC can ever exist, and new coins are issued through mining rewards that decrease over time.</p> <h2 class="wp-block-heading">Why It Matters In Crypto</h2> <p class="wp-block-paragraph">Bitcoin matters because it introduced digital scarcity at global scale. It gave users a way to hold and transfer value through an open network rather than a closed financial system.</p> <p class="wp-block-paragraph">In crypto markets, Bitcoin is often treated as the benchmark asset. 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