Like the euro or the US dollar, it is a cryptocurrency or digital currency that is used to exchange goods and services, with the difference that Bitcoin is an electronic currency that presents novel characteristics and stands out for its efficiency, security and ease of exchange.As stated in the document Currencies or virtual currencies: the case of Bitcoin , prepared by the General Directorate of Operations, Markets and Payment Systems, “virtual currencies or currencies constitute a heterogeneous set of innovative payment instruments that, by definition, they lack a physical support to back them up ”.
In 1998, the computer scientist Wei Dai, proposed the idea of a new type of money that uses cryptography to control its creation and transactions, instead of being done by a centralized authority.
But, the term Bitcoin has its origin in 2009, when it was created by Satoshi Nakamoto (pseudonym of its author or authors), who created it with the aim that it be used to make purchases only through the Internet and increase hasa1K daily earnings .Currently, it is the most used digital currency in the world, what leads private users, sellers and owners to adopt this system?
The main reason is that compared to other currencies, it is that it is decentralized, that is, nobody controls it.
Bitcoin does not have a central issuer like dollars or euros, the cryptocurrency is produced by people and companies around the world dedicating a large amount of resources to mining.Today, sending money anywhere in the world carries significant fees or commissions due to the large number of intermediaries in the process.
With which, this lowers costs and allows you to sell products and services at a fairer price.Bitcoin is also preferable to other online payment systems, especially for the security it offers to the buyer and the seller.