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bitcoin%20basics

Bitcoin started in stages: the network launched in 2009, while the best-known real-world trade happened on May 22, 2010. Here is the timeline.

Spot bitcoin means buying and holding actual BTC, not just a product that tracks its price.

Bitcoin is not a price-stable asset, but its supply rules and network design are relatively stable. The key is separating price from protocol.

The truth about Bitcoin is simple: fixed supply, open rules, real utility, and real risk from volatility, custody, and user error.

Bitcoin does not have company-style shares. A “share of bitcoin” usually means owning part of a BTC, which can be divided down to satoshis.

The role of Bitcoin is to act as a decentralized digital money system, a value transfer network, and a scarce digital asset.

Silk Road bitcoin means BTC linked to the Silk Road dark web market. It is regular Bitcoin, not a separate coin.

A bitcoin reserve means holding bitcoin as a long-term reserve asset, not a trading position. The key questions are purpose, control, and use.