The symbol ₿ represents Bitcoin, which is a form of digital currency created in 2009 by an anonymous person or group known as Satoshi Nakamoto. Bitcoin operates on a decentralized network using blockchain technology to record all transactions securely and transparently.As the first and most well-known cryptocurrency, Bitcoin allows for peer-to-peer transactions without the need for intermediaries like banks. Users can send or receive Bitcoin directly, making it a popular choice for those seeking less regulated financial options.The symbol itself combines the letter “B” with two vertical lines, echoing traditional currency symbols. It serves as a recognizable representation of Bitcoin and is often used in discussions regarding prices, investments, and trading.Bitcoin has gained significant attention over the years for its potential to serve as a store of value and an alternative to fiat currencies. Its limited supply, capped at 21 million coins, adds to its appeal and volatility in the market. Overall, Bitcoin has become a key player in modern financial conversations.