" " Cryptocurrency earn a beginner: Bitcoin: Digital money and advanced technology

Saturday, February 13, 2021

Bitcoin: Digital money and advanced technology

 The technology, which combines independence, anonymity and security, appeared in late 2008. The mysterious Satoshi Nakamoto presented the blockchain to the world, and with it the project of a digital currency that is inextricably linked with this technology. In January of the following year, the first version of the bitcoin wallet appeared and the launch of a cryptographic payment system was organized.



The creation of the first cryptocurrency divided the world into two camps: one of them believes in the future of the blockchain itself, the other is concerned about how to make more money on it.  At the same time, the second camp has a huge impact on the development of blockchain technology, promoting cryptocurrency as a variant of stock speculation. Virtual currency is taking an increasing place in the market of valuable goods and is gradually becoming one of the main trading tools in the hands of experienced stockbrokers.

Simultaneously with the growing popularity of Bitcoin, its value also grew. When the price of one coin rose from the initial $ 0.06 to $0.5, there was a need to create a cryptocurrency exchange. The first of them was MtGox. Until the beginning of 2011, the BTC rate grew imperceptibly, nevertheless, it reached $1. No one expected more from it. However, over the next three months, the exchange rate increased to $28. In August of the same year, other cryptocurrencies appear. This was due to the fact that many proposals for the modernization of the blockchain could not be implemented within a single project. New cryptocurrencies were created by those whose ideas were rejected by the Bitcoin community.

Where and how can I buy cryptocurrency

For a beginner in the world of digital money, it can be difficult to figure out how to take the first step in this area and where to buy the first coins. And this can be done quite simply. It is not necessary to have many different accounts for each individual coin. There are quite a few sites that offer integrated accounts of most well-known cryptocurrencies.
The most popular ones are:
* Cryptsy;
* AlfaCashier;
* Coinbase.


1 comment:

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