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A cryptocurrency or cryptocurrency (cryptocurrency of the Saxon) is a virtual currency that serves to exchange items and services through a system of digital transactions without having to go through any intermediary. The primary cryptocurrency that started trading was Bitcoin in 2009, and since then many others have emerged, with different options resembling Litecoin, Ripple, Dogecoin, and others.  
  
What's the advantage?  
  
When evaluating a cryptocurrency with the money within the ticket, the distinction is that:  
  
They're decentralized: they are not managed by the bank, the government and any monetary institution  
Are Nameless: your privacy is preserved when making transactions  
They're Worldwide: everybody's opera with them  
They are safe: your coins are yours and from nobody else, it is kept in a personal wallet with non-switchable codes that only you know  
It has no intermediaries: transactions are carried out from person to person  
Quick transactions: to ship cash to a different country they charge interest and infrequently it takes days to confirm; with cryptocurrencies only a number of minutes.  
Irreversible transactions.  
Bitcoins and any other virtual currency will be exchanged for any world currency  
It can't be faked because they're encrypted with a sophisticated cryptographic system  
Unlike currencies, the worth of electronic currencies is topic to the oldest rule of the market: provide and demand. "At the moment it has a value of more than one thousand dollars and like stocks, this value can go up or down the provision and demand.  
  
What is the origin of Bitcoin?  
  
Bitcoin, is the first cryptocurrency created by Satoshi Nakamoto in 2009. He determined to launch a new currency  
  
Its peculiarity is you can only perform operations within the network of networks.  
  
Bitcoin refers to both the currency and the protocol and the red P2P on which it relies.  
  
So, what is Bitcoin?  
  
Bitcoin is a virtual and intangible currency. That's, you can not touch any of its forms as with coins or bills, however you should use it as a means of payment in the same way as these.  
  
In some nations you possibly can monetize with an digital debit card page that make cash exchanges with cryptocurrencies like XAPO. In Argentina, for example, we have more than 200 bitcoin terminals.  
  
Undoubtedly, what makes Bitcoin different from traditional currencies and other virtual means of payment like Amazon Cash, Action Coins, is decentralization. Bitcoin shouldn't be controlled by any government, institution or financial entity, either state or private, such as the euro, controlled by the Central Bank or the Dollar by the Federal Reserve of the United States.  
  
In Bitcoin control the real, indirectly by their transactions, users by way of exchanges P2 P (Point to Point or Point to Point). This construction and the lack of control makes it unattainable for any authority to control its value or cause inflation by producing more quantity. Its production and value relies on the law of supply and demand. Another fascinating detail in Bitcoin has a limit of 21 million coins, which will be reached in 2030.