Bitcoin

Bitcoin is a cryptocurrency and an international currency payment system created in 2009 by an anonymous inventor, known by the pseudonym Satoshi Nakamoto, who developed an idea he himself presented on the Internet at the end of 2008. Cryptocurrency was seen by some as a means to democratize international finance precisely in the period of the great recession, favored as is known by the deregulation of financial markets. Other analysts, however, do not see full legality of the currency itself on a par with official currencies in the global market. Bitcoin brings with it advantages and disadvantages.

Unlike most traditional currencies, Bitcoin does not use a central body or sophisticated financial mechanisms, the value is determined solely by supply and demand leverage. The Bitcoin network allows for the pseudo-anonymous possession and transfer of coins; the data necessary to use your bitcoins can be saved on one or more personal computers or electronic devices such as smartphones, in the form of a digital wallet, or kept with third parties who perform functions similar to a bank.