What is bitcoin?

There are many names for it, but basically it is digital money.

How does it evolve?

Over the years the way of exchanging values between people has evolved, mostly it was food or animals, then came metals, then paper money we have already evolved to the plastic method such as cards, until now with cryptocurrencies , which serves to exchange values to all parts of the world.

Between the exchange of values you physically have to be, but with cryptocurrencies you do not necessarily have to be in the place to exchange the values, the financial problems that bitcoin solves in the current financial system, is controlled by two entities, the banks and the Governments, banks control your money using their form of intermediary, the problem of sending it to another part of the world, but you have your problems, apart from the commissions they charge in exchange with bitcoin, you do not need an intermediary but it is sent directly to the person saving you all those commissions.

The first problem that eliminates you is the procedure, the second problem that solves is that traditional money is devalued, because does this happen? all governments print money and this phenomenon is known as inflation. The purchasing power decreases because before what you can buy with 100 dollars now you pay 150 when bitcoin enters has only 21 million bitcoin in circulation, it is controlled only by the users who work on it.

The main enemy of bitcoin are banks, however there are banks that invest in the structure of bitcoin like BBVA, it is not known how many people use bitcoin because there are people who use several accounts, to measure the progress of bitcoin is by seeing which companies accept bitcoin as a payment method.

They do not use the bitcoin for a payment method but they keep it to save their interests. The smartest thing to do is pay with the national modena regardless of the country where you are.

How to invest?

• P2P is an investment used by companies that function as intermediaries, so that they are safe and very easy, with a low percentage it is universal and works anywhere in the world.

• Bank transfer to an exchange that accepts your money for cryptocurrencies, it is very easy in fact to use it, the disadvantage of this option is that it is available for few countries.

• Credit or debit cards, the only disadvantage of the method is the high commissions, although they vary, they can be up to 5%.

short term, look for information with your own search and make your own decisions, the investment is always long term . You can use a couple of resources to see the market of the modenas.

www.coinmarketcap.com

www.coingecko.com

The indicator you can look for those that are in the first places since they are very stable.

In the pages you can see several cryptocurrencies, you can study them and see which one you invest in that way to buy.

The exchange houses that you can use are;

Binance.com

The world of crypto is complex to understand, governments have to inform their citizens.

Many legal people, current people who live in the 21st century because now that is the future, although many are reluctant to accept them and live in the past, the best thing now is to invest in crypto.