What Is Bitcoin?
Bitcoin is a decentralised digital currency that moves on its own network without banks. Here is what that means in practice.
- 8 min read
- Updated 2026-06-15
The basics
Bitcoin runs on a public ledger called the blockchain. Transactions are recorded in blocks and secured by miners or validators who compete to add the next block.
No single company issues Bitcoin. Supply is capped at 21 million coins, enforced by the protocol — not by a boardroom decision.
Why casino players care
Some casinos accept BTC directly. Deposits confirm after network confirmations — usually slower than TRC20 USDT but widely recognised.
Common questions
Bitcoin is pseudonymous. Addresses are public on-chain; privacy depends on how you acquire and move coins.
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