Employment Verification for Bitcoin.

Bitcoin is a decentralized digital cryptocurrency, created in 2009 by an unknown person or group of people under the name “Satoshi Nakamoto.” It operates as a peer-to-peer network, where transactions are verified by network nodes through cryptography and recorded in a public blockchain ledger. Bitcoin is characterized by its finite supply, with a maximum of 21 million bitcoins available. The supply is controlled through a built-in halving mechanism that reduces the rate at which new bitcoins are created every four years. Users can obtain bitcoins through mining, where computers solve complex mathematical algorithms to verify transactions and earn new bitcoins as a reward, or by purchasing them through exchanges or direct transactions. Bitcoin has been subject to controversy due to its association with illegal activities such as money laundering and black market transactions, as well as its extreme volatility in price. Despite this, it has gained increasing popularity as a legitimate means of exchange and investment, with a growing number of merchants accepting bitcoin as payment. Bitcoin has also spawned a number of forks and alternative cryptocurrencies, such as Ethereum, Litecoin, and Bitcoin Cash.