Review on Bitcoin by Andres medina
Bitcoin
It is the first digital currency created by an anonymous person, the technology of this network is called blockchain each block is generated approximately every 10 to 12.5 minutes by mining each block mined has a cost of 2.5 BTC for the miner. Only 21 million BTC will be generated. This coin takes care of the security and privacy of the client. This coin has been created for more than 10 years and has had no problem with security, making it the most valued for its solidity and confidence. It is currently the most expensive on the market with an approximate price of $ 9,200 a Bitcoin.
Pros
- You can purchase goods or services with it worldwide in almost every country in the world
- It is the digital currency with the highest price on the market
- It works every day of the year without any problem
- The security of this currency is excellent, it has been operating for more than 10 years and until now there have been no problems in the system.
- It is the currency with the highest cost worldwide at the moment the cost is $ 9200 for each Bitcoin.
- It can be exchanged in any Exchange.
- Transaction fees are usually low.
Cons
- The only thing I see negative is that it takes the mining time otherwise it is excellent
