Bitcoin and its history.

Bitcoin is a virtual currency that was born in 2009, its value or rate is variable, it is based on the law of supply and demand, on the other hand it is outside of any government or institution.

Bitcoin is currently on everyone's lips, as this internet currency has garnered a lot of praise and criticism from many millions of people around the world.  It has its origin in 2009 and its creator Satoshi Nakamoto pseudonym several for, to launch a new electric currency, whose main objective would be to carry out operations within the network of networks.  Very well, Bitcoin refers to La Moneda as the P2P network it relies on.

As everyone knows very well, this currency cannot be touched in any of its forms like other coins and bills, but it can really be used as a means of payment like these.

What are the advantages that make Bitcóin different?

One of the advantages that make Bitcóin different from other traditional currencies or any other virtual payment method such as Amazon Coins, is the decentralization that this currency presents.  In a nutshell or more clearly, Bitcoin is out of the reach of any government or financial institution, whether state or private, such as the Euro which is controlled by the European central bank and the Dollar which is controlled by the  US Federal Reserve

The control of Bitcoin is carried out by the same people indirectly through the transactions they carry out, the users themselves through P2P transactions (peer to peer or point to point), this leads to the lack of control not allowing  any authority that manipulates its value or causes inflation.  Another important detail of this coin is that it has a limited amount of 21 million that is estimated to be reached by 2030.

How does Bitcoin work?

To use or manage this currency there are different options, for example, you can download some applications, there are several alternatives such as any type of operating system, whether desktop or mobile iOS or Android.  (MultiBit or Bitcóin Wallet), are some of the options ..

With the applications that name them above, they can create a Bitcoin wallet, this generates a private key that is associated with a public key to carry out their operations, this guarantees that Bitcoins cannot be forged and that person-to-person transactions are  They are carried out in a safe manner and there are no hassles being scammed or any kind of theft.

How can you get Bitcoins?

There are different ways to generate or get Bitcoin, 3 of these are.

• N ° 1. It is one of the simplest ways and is by accessing one of the Bitcóin markets such as MtGox or Bitcóin.com, these markets allow users to exchange conventional money such as euros and dollars for Bitcóin.

• N ° 2. Another way is the purchase and sale of wine between users paying in Bitcóin.

• N ° 3.  One of the strangest ways out there, and the last, is "mining."  It consists of using a part of the resources of our computer in solving completely complex mathematical problems in exchange for Bitcoins.  Currently there are thousands of people performing this mining task, so this practice is becoming a little more complicated, unless you belong to one of the mining colonies that circulate on the network.

Is Bitcoin Legal?

Anywhere that accepts Bitcoin as a means of payment, the currency will be legal, that easy and simple, since this currency is out of control of any institution, there will be a legal vacuum on it.

In addition to this, they are free of any tax, for example VAT, or any commission, as they are encrypted and anonymous transactions between two users.