Ledger Nano S - The secure hardware wallet

Bitcoin, the currency that is changing the world.

Bitcoin is a currency, such as the euro or the US dollar, which serves to exchange goods and services. However, unlike other currencies, Bitcoin is an electronic currency that presents novel features and stands out for its efficiency, security and ease of exchange.
Its biggest difference compared to other currencies, it is a decentralized currency, so nobody controls it. Bitcoin does not have a central issuer like the dollars or the euros, the criptomoneda is produced by the people and companies of around the world dedicating great amount of resources to the mining.
If you already know what bitcoin is and what you are looking for is to buy bitcoins directly  , here is a web entry that explains it. Let's go there with the guide.

In this guide you will learn.

To choose between the different types of wallets of Bitcoin that exist, to be able to explain how Bitcoin works ,  their different types of addresses, besides having at your disposal a page of frequently asked questions  and a blog of Bitcoin  where periodically, they are commenting The latest events of the most famous virtual currency.

Benefits and benefits of Bitcoin

At present, it is the most widely used digital currency in the world  and there are good reasons why it is becoming increasingly popular. Both private users and sellers and business owners find in Bitcoin important advantages that have led them to adopt this system.

Let us see some characteristics of introduction to Bitcoin:

  • It does not belong to any state or country and can be used all over the world equally.
  • You can change bitcoins to euros or other currencies and vice versa, like any currency.
  • No intermediaries: Transactions are made directly from person to person.
  • It is decentralized : it is not controlled by any state, bank, financial institution or company.
  • It is impossible to falsify or duplicate it thanks to a sophisticated cryptographic system.
  • Transactions are irreversible.
  • It is not necessary to reveal your identity when doing business and preserving your privacy.
  • Money belongs to you 100%; It can not be interfered with by anyone and accounts can not be frozen.
I'll show you how in a way, Bitcoin resembles the cash we all know. In addition to presenting many of the characteristics of this well-known physical medium, in using it we always maintain control of our funds. In addition, we also have many of the advantages that the digital medium offers us: it is immediate , can be sent anywhere in the world, etc.

Virtual currencies lower costs by eliminating intermediaries altogether. 

To this day it is still very common that sending money to any part of the world carries important fees or commissions due to the large number of intermediaries in the process. This includes: Bank transfer fees, commissions for accepting or using credit or debit cards, commissions for using "money transfer" services or commissions for using "online payment" services.
In Bitcoin there are no intermediaries and the money passes directly from person to person: from buyer to seller or from private individual. This reduces the price of sending money substantially and also allows to sell products and services at a fairer price.
Bitcoin Infographics

Bitcoin offers security to the buyer and seller.

Historically all means of payment or valuables have had security problems. The computer problems have caused the theft of thousands of credit card numbers, leaving unprotected buyers who have been able to sustain significant losses. When we make purchases with Bitcoin we do not have to disclose sensitive information such as credit card numbers or bank accounts and therefore there is no risk that this information will be subtracted from the online seller.
Bitcoin is also preferable to other online charging systems, especially for the seller. In Bitcoin transaction fees are very low and there is no risk that fraudulent and fraudulent buyers will reverse the payment, staying with both the product and the money.
Finally, the characteristics of this virtual currency allow the pages to establish a escrow service, ensuring that the seller only receives the money if the product has satisfactorily reached its destination. This is often used in auction pages and second-hand product sales.

Virtual currencies are a market that never stops.

The quotation of Bitcoins is something that never stops, shows that its market  is traded 24 hours a day, 365 days a year. Having this characteristic, there is a lot of community behind, such as this Forum of Bitcoin  where there is the largest Spanish community of Traders, both Bitcoin and other criptomonedas.

Bitcoin is fair.

In many traditional systems we find that sending money is much easier than receiving it. This makes it difficult to create new businesses and online stores. However, with Bitcoin, both options are just as simple and anyone can send and receive money without any restriction. Also, if you own a business, both digital and physical, it costs nothing to start accepting bitcoins.

Your bitcoins are only yours.

The decentralized system behind the bitcoins makes it impossible for anyone else who does not have your credentials to access your money. Your bitcoins are yours and can not be frozen or hijacked, no account can be closed and only you have access. This aspect is for many people perhaps the most important: to really feel the owners of their money and to be sure of it.

Bitcoin is democratic: the economy of the people.

When we say that Bitcoin is decentralized and that there is no institution, company, state, agency or association behind it to control it, it is literally like that. It is not a metaphor, but actually the computer system of the present allows the creation of this safe and reliable digital currency that favors free economic exchange between people around the world.

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