Review on Bitcoin by Jose Luis Perez
BTC: What I see, what I want to share.
As my first review on this platform, I would like to talk about this project that as we all know is the first and I can say it’s “the mother” of this cryptocurrency world.
At the beginning I was a kind of skeptical about the impact that it could have in the economy but now we can see that it came to change the way how people can use their money. We really own our money with BTC.
One of its main characteristics is the peer-to-peer system. It helps when we make business because we don´t need the intervention of a bank or any other central authority. So , it means that Bitcoin is decentralized and that is positive for us and our money.
As a public procjet we all can participate. Thanks to the use of blockchain it is easy to see how secure is to work with it.
Since its creation this cryptocurrency has had many variation in the market and I can say it is because of its volatility. Currently there is much expectation regarding the growth of its value. We must be aware of the facts regarding this topic.
Although we know that there are thousands of cryptocurrencies, BTC is still one of the most known in terms of commercial exchange, on the other hand shipping can be very expensive so we look for alternatives, an aspect that if not, would be ideal for BTC to continue to be considered one of the most used in the future.
Pros
- First cryptocurrency in the world that allowed the flexibility of economic life and allowed thousands of new currencies to be created with respect to the digital world.
- The implementation of peer-to-peer system.
- Public, safe and decentralized.
Cons
- One of the biggest negative aspects of BTC is the fee at the time of shipping.
