Review on Bitcoin by Kimberlith Carrillo
Bitcoin
Bitcoin is a fully decentralized digital asset, this cryptocurrency has a worldwide payment system without a single administrator or central bank.
It was until 2009 that Nakamoto launched the first specification of the Bitcoin protocol on an email list, left the project at the end of 2010 and since then the Bitcoin community has grown exponentially and has numerous developers working on e.
Payments with Bitcoin are easier to make than purchases with credit or debit cards and can be received without the need for a bank account. Payments are made from the wallet application, both with your computer or phone, by entering the recipient's address, the amount to be paid and pressing send. To facilitate the introduction of the address, many wallets can obtain it by scanning a QR code or by joining two phones with NFC technology.
You have not used Bitcoin? WHAT ARE YOU WAITING FOR?
Pros
- generally lower transaction fees compared to other digital payment methods.
Cons
- Exposure to scams and fraud.
