Bitcoin, a digital cryptocurrency. How is it used and how to get it?

Bitcoin is a virtual currency or a means of electronic exchange that is used to purchase products and services like any other currency. But this currency is decentralized, that is to say that there is no authority or control entity that is responsible for its issuance and registration of its movements. It consists of a cryptographic key that is associated with a virtual wallet, which discounts and receives payments.

Steps to use Bitcoin:

• There must be a system to store and operate bitcoin, called an electronic wallet, which contains pairs of cryptographic keys, that is, a public key and a private key.

• The wallets can be used from computers or mobile devices as long as you have the application that has bitcoin to carry out the operations.

• You can transact with other people who have virtual wallets.

How to get bitcoin?

Bitcoins have become popular over time, resulting in greater interest in their acquisition. Although it is true, there are many ways to obtain them, here are 4 ways in which you can obtain this cryptocurrency

1. Accepting them as a means of payment

Currently, many commercial establishments, whether physical or digital, accept this currency as a means of payment. Perhaps this is the easiest way to get bitcoins.

It is only enough to provide the QR code or the address of the digital wallet to the buyer to carry out the transaction, for this, both the buyer and the seller of the product or service provider must be clear about the conversion of the currency they handle into bitcoins.

2. Mining bitcoins

This is a digital analogy of mining for natural resources like gold, diamonds, or coal.

This is how miners, through the use of special software, solve mathematical problems and in return the system issues them a bitcoin number as an exchange. This represents a high investment due to spending on equipment and electricity generated by the exaggerated performance of computers when performing this task.

Currently there are mining companies that join forces to invest in equipment and other expenses in order to get the appreciated bitcoins faster.

3. Visiting internet pages or solving captcha

Although obtaining bitcoins as a payment method in the sale of a product or with the provision of a service may be the easiest way to obtain them, seeing advertising on the internet and solving captchas is the most popular way for those interested. .

Although there is a wide range of pages that function as platforms in which with just one click the user receives an amount of millibitcoins (mBTC) or satochis (μBTC) in exchange for viewing advertising, the remuneration for this activity is very low, so except in the most famous portals in which Money experienced.

Although this method is not the most profitable, it is one of the most accessible and popular for users of this cryptocurrency.

4. Stock Market

It basically consists of the activity of buying bitcoins for an economic price and when these, due to the dynamics of currency appreciation, increase in value, sell them. After this, the cycle repeats itself, waiting for the 'cryptocurrencies' to drop in price and when they rise they are sold again.

For this, as well as for the shareholders, more than luck, extensive experience is needed to be able to predict the changes that bitcoins may have in the market.