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Bitcoin (BTC) is the pioneering cryptocurrency that revolutionized the digital asset landscape, introduced in 2009 by an anonymous entity known as Satoshi Nakamoto. As the first decentralized digital currency, Bitcoin operates on a peer-to-peer network without the need for intermediaries like banks or governments.

A Bitcoin ATM, though similar to a traditional ATM, operates entirely within the realm of cryptocurrency. These kiosks allow users to buy Bitcoin and sometimes other cryptocurrencies directly with cash. While not as widespread as traditional ATMs, Bitcoin ATMs offer a convenient way to acquire cryptocurrency without needing a bank account.

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Decentralization is the process of distributing power, control, and decision-making across a network rather than concentrating it in a central authority

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A smart contract is a self-executing digital contract with the terms of the agreement directly written into lines of code. These contracts automatically execute and enforce actions when predefined conditions are met

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