$BTC What is Bitcoin?
Bitcoin is a decentralized digital currency (or cryptocurrency) created in 2009 by a person or group under the pseudonym Satoshi Nakamoto. Unlike traditional money, it is not controlled by any government or central bank. It operates through a technology called blockchain, which records all transactions publicly, securely, and transparently.
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Main features
1. Decentralization:
It does not depend on a central authority. Users keep the system running through computers distributed around the world.
2. Limited supply:
There will only be 21 million bitcoins. This prevents uncontrolled inflation.
3. Global transactions:
Bitcoins can be sent and received anywhere in the world without intermediaries.
4. Transparency and security:
Every transaction is recorded on the blockchain and cannot be modified.
5. Relative anonymity:
No real identity is required to use Bitcoin, although transactions can be traced.
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How to obtain Bitcoin?
1. Purchase on exchanges (platforms like Binance, Coinbase, etc.).
2. Mining: The process by which transactions on the network are verified, receiving bitcoins as a reward (requires specialized equipment).
3. Receive it as payment: You can accept bitcoins as a form of payment for products or services.
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Why do people invest in Bitcoin?
Store of value: Some compare it to digital gold.
Possible revaluation: It has had impressive price increases in the past.
Hedge against economic crises: Especially in countries with highly devalued currencies.
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Risks and criticisms
Volatility: Its price rises and falls very sharply.
Use in illegal activities: Due to its relative anonymity.
Lack of regulation: In many countries, the legal framework is still unclear.
Not easy to use for everyone: It can be technical for beginners.$BTC
