Bitcoin is a digital asset and payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin has unique features compared to other payment systems, such as the ability to spend them anonymously. Section 1: What is Bitcoin? Bitcoin is a digital asset and payment system that was invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called the blockchain. Bitcoin is unique in that there are only 21 million of them, which means that it…