A cryptocurrency or cryptocurrency (cryptocurrency of the Saxon) is a virtual currency that serves to exchange items and companies through a system of electronic transactions without having to undergo any intermediary. The first cryptocurrency that started trading was Bitcoin in 2009, and since then many others have emerged, with other features such as Litecoin, Ripple, Dogecoin, and others.

What's the advantage?

When evaluating a cryptocurrency with the money within the ticket, the distinction is that:

They're decentralized: they aren't controlled by the bank, the government and any financial institution
Are Anonymous: your privateness is preserved when making transactions
They're Worldwide: 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 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 a couple of minutes.
Irreversible transactions.
Bitcoins and another virtual currency can be exchanged for any world currency
It can't be faked because they are encrypted with a sophisticated cryptographic system
Unlike currencies, the value of digital currencies is topic to the oldest rule of the market: provide and demand. "Currently it has a price 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 decided to launch a new currency

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

Bitcoin refers to each 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, however you can use it as a way of payment in the identical way as these.

In some countries you can monetize with an digital debit card web page that make money exchanges with cryptocurrencies like XAPO. In Argentina, for example, we have now more than 200 bitcoin terminals.

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

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

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