What is Bitcoin?

Bitcoin is digital money that works without banks or governments. It runs on a public network of computers around the world, and anyone can use it — all you need is a phone or a computer.

There will only ever be 21 million bitcoin. No company or authority can create more, freeze your funds, or block your transactions. You hold it yourself, like cash in your pocket.

Every transaction is recorded on a public ledger called the blockchain, verified by the network rather than by a middleman. That is what makes Bitcoin open, borderless, and censorship-resistant.