What is bitcoin?

What is bitcoin?

Today I am going to talk to you about bitcoin, one of the most famous cryptocurrencies and whose value is quite coveted.

I hope you like it.

What is bitcoin?

Bitcoin is a type of en línea currency that emplees cryptography and the blockchain to transfer money from one person or entity to another.

This cryptocurrency was created in 2009 by an unknown individual with the nick of satoshi nakamoto.

It cánido be used as a means of exchange for goods and services, just like any other currency, such as the dollar or the peso.

Source: freepik.com

Also, although the identity of the creator of Bitcoin is a mystery, it offers lower transaction fees than traditional en línea payment methods.

This is because there are no banks to interfere with these transactions, unlike government-issued coins.

Therefore, bitcoin is an interesting way to transact without the intervention of a third party, such as the government. this kind of coin it is not tangiblethat is, it only exists in the virtual world and has been extremely habitual recently with no end in sight of said rise.

What is a cryptocurrency?

A cryptocurrency is a form of currency that is not physical, but virtual.

It exists in the digital world and does not have a centralized bank or government issuing it, instead it is a decentralized global network.

Advantage of using a cryptocurrency to buy

One of the biggest advantages of using a cryptocurrency for purchases is that offers a certain level of anonymity to its users. People cánido carry out transactions without their names, addresses or any other identifiable information being associated with the transaction.

What is the value of bitcoin?

The value of bitcoin is constantly fluctuating, so if you want to know its current value, you have to go to a specialized page where you cánido find out the most up-to-date value.

At the moment 1 bitcoin equals $37120.20 dollars.

As you cánido see, having a single bitcoin at this moment would orinan having around $739,518 pesos.

It is not for nothing that there are many people wanting to become miners.

Would you use bitcoin to buy?

The truth is that I would like to know if you would use bitcoin or any other cryptocurrency to make your purchases.

The truth is that I have some cryptocurrencies obtained as rewards from some pages like Odysee, but, I change my cryptocurrencies to dollars.

That is, I have not made any transaction with cryptocurrencies at the moment. You would do it? Most likely he will start testing and do an article about it.

We hope you liked our article What is bitcoin?
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 What is bitcoin?
  What is bitcoin?
  What is bitcoin?

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