Bitcoin: What It Is, How It Works, and What You Need to Know Today

When you hear Bitcoin, the first and most widely used cryptocurrency, created in 2009 as a peer-to-peer digital cash system. Also known as BTC, it digital gold, it’s not just a currency—it’s a protocol that runs on a global network of computers, free from banks or central control. Unlike stocks or fiat money, Bitcoin doesn’t need approval to move. You send it directly, with proof built into the blockchain. That’s why people use it to send money across borders, store value during inflation, or even buy NFTs—without asking anyone’s permission.

But Bitcoin isn’t just about sending coins anymore. Over the last few years, it’s grown into something bigger. Bitcoin Ordinals, a system that lets users inscribe data—like images, text, or code—directly onto individual satoshis, the smallest unit of Bitcoin turned the blockchain into a canvas. Suddenly, people weren’t just trading Bitcoin—they were collecting digital artifacts on it. That led to BRC-20 tokens, a simple token standard built on top of Ordinals that lets creators issue fungible tokens using Bitcoin’s network. These aren’t Ethereum-style tokens. They’re native to Bitcoin, and they’ve sparked a whole new wave of activity on a network many thought was stuck in the past.

And that’s where things get messy. Wallets like UniSat became essential tools—not because they’re exchanges, but because they’re the only way to interact with these new Bitcoin-based assets. But with new features come new risks. Scammers target people who don’t understand how Ordinals work. Exchanges still don’t support them. And regulators? They’re catching up slowly. Japan’s FSA, for example, doesn’t treat Bitcoin the same way it treats meme coins. Meanwhile, in Nigeria, people use Bitcoin to protect their savings from a collapsing currency. In Bolivia, the government banned it—then reversed course. Bitcoin isn’t one thing. It’s a tool used differently by everyone from collectors to cash-strapped workers.

You won’t find a single answer to what Bitcoin is worth today. Its price swings. Its tech evolves. But what stays constant is its role: a system that lets people own money without trusting anyone else. That’s why the posts below focus on real tools, real risks, and real use cases—not hype. Whether you’re holding Bitcoin as a long-term store of value, trying to collect a BRC-20 token, or just wondering if your wallet is safe, you’ll find clear answers here. No fluff. No guessing. Just what you need to know to move forward without getting burned.