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Jacobson Jamison posted an update 6 years, 6 months ago
Bitcoin digital money is born from a premise that was generated in an email chain. It proposes to create a new crypto currency, which would be used to process operations without a centralized authority. Therefore, the original idea was to create a new electronic currency, decentralized and cryptographically protected .
In this initial approach, bitcoin serves to acquire goods and services through the internet. Therefore, the name "internet currency" has been popularly earned. However, it is working to be able to use it also in physical payments through a credit card, although this technology is not yet mature.
The main advantage of bitcoin over electronic payments by card is decentralization . With bitcoin you can buy something by transferring money directly from your wallet. You do not need any bank or intermediary. It’s like having cash, but inside a device .
The digital currency as an investmentSince its creation, its popularity has only increased, which has been reflected in its price. To give you an idea, in 2009 the first dollar exchange rate – bitcoin was published. Then, with a dollar you could buy 1,309.03 bitcoins. Or what is the same, the initial price of bitcoin was $ 0.000764 .
In December 2017, the cyber currency almost reached $ 20,000. That is to say, in 8 years its value was multiplied by more than 26,000,000. His popularity increased dramatically.
Many acquired the cryptocurrency at a price to sell it more expensive in the future. That is, the reality is that bitcoin is also, today, an investment product .
The operation to invest in a virtual currency is very similar to that of La Bolsa. Using this simile, you can say that you acquire "bitcoin shares". For as long as you keep them, they will be revalued or devalued.
The difference of investing in "The Bitcoin Exchange" is that there are no intermediaries that deposit or own your shares. You buy the cryptocurrencies directly from their owner and keep them in your digital wallet. Therefore, saving your "bitcoin shares" in commissions is considerable, which represents a clear advantage.
