A cryptocurrency or cryptocurrency (cryptocurrency of the Saxon) is a virtual currency that serves to trade goods and services via a system of electronic 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 different features reminiscent of Litecoin, Ripple, Dogecoin, and others.

What is the advantage?

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

They're decentralized: they are not controlled by the bank, the government and any monetary institution

Are Anonymous: your privateness is preserved when making transactions

They're Worldwide: everybody's opera with them

They are safe: your coins are yours and from nobody else, it is kept in a personal wallet with non-transferable codes that only you know

It has no intermediaries: transactions are carried out from person to person

Quick transactions: to send cash to a different country they cost curiosity and sometimes it takes days to confirm; with cryptocurrencies only just a few minutes.

Irreversible transactions.

Bitcoins and any 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 worth of digital currencies is subject to the oldest rule of the market: supply and demand. "At present it has a worth of more than one thousand dollars and like stocks, this value can go up or down the availability and demand.

What's the origin of Bitcoin?

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

Its peculiarity is which you can 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 is Bitcoin?

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

In some nations you can monetize with an electronic debit card page that make money exchanges with cryptocurrencies like XAPO. In Argentina, for instance, we've got more than 200 bitcoin terminals.

Undoubtedly, what makes Bitcoin different from traditional currencies and other virtual technique of payment like Amazon Cash, Action Cash, is decentralization. Bitcoin will not be controlled by any authorities, institution or monetary entity, either state or private, such as the euro, managed by the Central Bank or the Dollar by the Federal Reserve of the United States.

In Bitcoin control the real, indirectly by their transactions, customers by exchanges P2 P (Point to Point or Point to Point). This construction and the lack of management makes it inconceivable for any creatority to manipulate its value or cause inflation by producing more quantity. Its production and value relies on the law of supply and demand. Another attention-grabbing element in Bitcoin has a limit of 21 million coins, which will be reached in 2030.

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