Review on Bitcoin by francisco cevallos
Satoshi bitcoin.
It is the main digital currency of the cryptocurrency market, does not depend on the banking systems we know, no one issues currency in a traditional way is earned by work when checking blocks. Its volume is 21 million and will never overcome that barrier which means that over time it will increase its value by comparing it with traditional money issued by governments.
The main criticism is the way in which this new digital money is used, since in some cases payments of illicit goods have been verified, however this is not an impediment since it must be taken into account that the money we use daily is also used for this purpose.
Pros
- Privacy when making any payment.
- Banks have nothing to do with this type of currency as it is based on people's trust, on this depends the price that will be exchanged.
- What I like the most is that you really own your money, you're the one who manages it and you're responsible for what happens to it.
- It is a good way to make small savings of our capital, always taking into account that we can lose it.
Cons
- Nothing
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Comments (1)
June 26, 2020
you said about all advantages about bitcoin, i respect your opinion, but you should note the disadvantages cause bitcoin has it. transaction have low speed , so it's absolutely a disadvantage,
