When we talk about Bitcoin, many meanings can come to mind, such as money, purchases, savings, internet, etc.; but in general we can say that Bitcoin is the currency that is revolutionizing the world due to its interesting security data and economic support.
Perhaps you have already heard of it, with the abbreviation of BTC; it is a digital currency that uses cryptography to secure your transactions within its infrastructure.
Bitcoin, an electronic currency
This coin uses a peer-to-peer or peer-to-peer technology to operate without a central authority or banks; open source where everyone can participate. And how do you achieve that performance? Well, Bitcoin works with transaction quantities that form a database unit; known as a block, and each block stores information about the previous block. In this way, the blockchain allows full transparency of payments.
Currently, thanks to this transparency of payments, there is a “mining” reward process that involves many specialized people and companies around the world and creates the basic value of Bitcoin.
Bitcoin is a volatile asset, with daily price changes greater than 10%; which makes it considerably risky for investment and trading.
The Bitcoin – Crypto
So you do this practice, you take this topic in great detail; since the losses can be large amounts and without any chance of return.