A cryptocurrency or cryptocurrency (cryptocurrency of the Saxon) is a virtual currency that serves to alternate goods and providers through a system of digital transactions without having to go through any intermediary. The primary cryptocurrency that started trading was Bitcoin in 2009, and since then many others have emerged, with other features corresponding to Litecoin, Ripple, Dogecoin, and others.

What's the advantage?

When comparing a cryptocurrency with the cash within the ticket, the distinction is that:

They're decentralized: they are not managed by the bank, the government and any monetary institution
Are Anonymous: your privateness is preserved when making transactions
They're International: everyone's opera with them
They are safe: your coins are yours and from nobody else, it is kept in a personal wallet with non-switchable codes that only you know
It has no intermediaries: transactions are carried out from individual to individual
Quick transactions: to send money to a different country they charge curiosity and often it takes days to confirm; with cryptocurrencies only just a few minutes.
Irreversible transactions.
Bitcoins and some other virtual currency will be exchanged for any world currency
It can not be faked because they're encrypted with a sophisticated cryptographic system
Unlike currencies, the value of electronic currencies is subject to the oldest rule of the market: supply and demand. "At the moment it has a worth of more than a thousand dollars and like stocks, this value can go up or down the provision and demand.

What is the origin of Bitcoin?

Bitcoin, is the primary cryptocurrency created by Satoshi Nakamoto in 2009. He determined to launch a new currency

Its peculiarity is you could only perform operations within the network of networks.

Bitcoin refers to both the currency and the protocol and the red P2P on which it relies.

So, what's Bitcoin?

Bitcoin is a virtual and intangible currency. That is, you can't touch any of its forms as with coins or bills, but you need to use it as a method of payment in the same way as these.

In some nations you may monetize with an digital debit card page that make cash exchanges with cryptocurrencies like XAPO. In Argentina, for example, we have more than 200 bitcoin terminals.

Undoubtedly, what makes Bitcoin completely different from traditional currencies and different virtual technique of payment like Amazon Coins, Action Coins, is decentralization. Bitcoin shouldn't be controlled by any authorities, institution or financial entity, either state or private, such because the euro, managed by the Central Bank or the Dollar by the Federal Reserve of the United States.

In Bitcoin management the real, indirectly by their transactions, users by means of exchanges P2 P (Point to Point or Point to Point). This structure and the lack of management makes it inconceivable for any creatority to manipulate its worth or cause inflation by producing more quantity. Its production and worth is based on the law of provide and demand. One other interesting detail in Bitcoin has a limit of 21 million coins, which will be reached in 2030.

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