A consensus network that enables a new payment system and a completely digital currency. It is the first decentralized peer-to-peer payment network powered by its users without a central authority or intermediaries.

Bitcoin is the first cryptocurrency that appeared in 2009, and since then, its use and relevance have been increasing exponentially, although its use is still limited by the perception of insecurity and the lack of knowledge that many potential users have.

If before continuing to learn about Bitcoin you want to understand the uses, advantages, and risks of any cryptocurrency, click here.

Bitcoin is a digital currency (not physical) that only exists on the blockchain that supports it. As a currency, it can serve for everything that any other state-backed currency like the euro or the dollar can be used for.

However, Bitcoin does not depend on any governmental entity to issue or back it, but rather the users themselves are the ones who