[{"data":1,"prerenderedAt":61},["ShallowReactive",2],{"term:bitcoin":3},{"term":4,"related":48},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":34,"navigation":35,"path":36,"related":37,"seo":41,"stem":42,"takeaways":43,"__hash__":47},"terms\u002Fterms\u002Fbitcoin.md","Bitcoin",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-bitcoin","Understanding Bitcoin",[16,17,18],"p",{},"Bitcoin is a digital currency that runs on a public blockchain. No central bank or company issues it; a network of computers validates transactions.",[16,20,21],{},"New bitcoins are created as a reward for miners who secure the network. The reward halves roughly every four years, and the total supply is capped at 21 million.",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"crypto","The first decentralized cryptocurrency, with a fixed maximum supply of 21 million coins.","md",[31],{"q":32,"a":33},"Is bitcoin legal tender?","In most countries it is not. A few countries have experimented with it, but it is usually treated as property or a commodity for tax purposes.",{},true,"\u002Fterms\u002Fbitcoin",[38,39,40],"blockchain","stablecoin","volatility",{"title":6,"description":28},"terms\u002Fbitcoin",[44,45,46],"Bitcoin launched in 2009 as the first cryptocurrency.","Its supply is capped at 21 million coins.","Its price is highly volatile compared with stocks and bonds.","eKLCqRoZ2t6sD1Hw9HKyFaqQIsxD5Hnau63RGFnYXZw",[49,53,57],{"title":50,"description":51,"path":52},"Blockchain","A shared, append-only ledger that records transactions in linked blocks.","\u002Fterms\u002Fblockchain",{"title":54,"description":55,"path":56},"Stablecoin","A cryptocurrency designed to hold a steady value, usually pegged to the U.S. dollar.","\u002Fterms\u002Fstablecoin",{"title":58,"description":59,"path":60},"Volatility","How widely an asset's price swings over time.","\u002Fterms\u002Fvolatility",1793226379134]