Review on Bitcoin by Tibisay Alvarez
Bitcoin, the biggest in the crypto industry.
Bitcoin is the most important cryptocurrency, after its launch it created a before and after of the economy that was quickly becoming known all over the world. Currently the cryptocurrency ecosystem is getting bigger day by day. Each cryptocurrency is born with a specific and different purpose. The bitcoin one is one of the most ambitious. The BTC set out to beat Fiat money and Become a currency in the international financial system. And as everyone already knows, I achieve it, currently being the most sought-after cryptocurrency in the industry, being well above other cryptocurrencies. Currently bitcoin supports several of its sister cryptocurrencies such as BTC Gold, BTC Diamond and Bitcoin Cash to name just a few. Bitcoin seeks to be a decentralized currency used worldwide. That is, serve for the exchange of goods and services, savings, and investment, Just like normal government backed currencies do.
On his way to establish himself as a reference currency worldwide, bitcoin has achieved several achievements. The main two are firstly going cryptocurrency viewing and blockchain technology. And secondly, having become a reverse value asset.
Pros
- It has the highest value of current cryptocurrencies, reaching more than 10 thousand dollars. At the close, my research was quoted at almost $ 9,000.
- As the first cryptocurrency on the market, it is the one with the largest storage options. The vast majority of wallets and exchanges on the market support this currency.
- We can find industry giants like BitPay, Xapo, Blockchain or Coinbase, all of them offering BTC support on their platforms.
Cons
- Although it is listed at the highest price in the cryptocurrency market, it is not a stable currency since, as it has reached 10 thousand dollars, it has also dropped to less than 5 thousand.
