What is behind the Bitcoins?

From his home in Silvania, the Digital Nomad leaves us the last message of 2017. He is happy with the occasion to talk about Bitcoins and above all ... What is behind the Bitcoins?

Let's start with the most basic ...

What is a Bitcoin?

A bitcoin is the most popular cryptocurrency in the digital world (although it is not the only one, Litecoin, Ethereum, Ripple are some others), a cryptocurrency is nothing but virtual money.

In its beginnings, the first to take advantage of the potential of the Bitcoins were precisely the users of the Deep Network of "Dark Network" and the employees presented illicit actions, which resulted in an initial bad reputation and a stagnation of what from its beginnings They promised a new revolution of the web.

However, there were those who understood the scope of cryptocurrencies and have worked since then to transform it into what they are now. A coin that was equivalent in the beginning to little more than $ 1 in the USA. today it is listed on the market for $ 13,548.1695 US!

Today everyone talks about Bitcoins and they are creating means that ensure that public confidence can become the Blockchain. The Blockchain is the master code that is behind all the cryptocurrencies and said by the Digital Nomad is a whole piece of art.

What is Blockchain?

In a simple way, many experts define it as the great accounting book for cryptocurrencies. But there is much beyond that, all transactions, transfers and transactions are recorded in the Blockchain, the magic happens when we understand that this record is done in a completely different way than what we have habituated. Transfers are made without intermediaries!

Imagine what awaits us in the future ... Starting with banks, various institutions and even social networks that have a new system in which to recover a lost resource for the digital world. Our privacy! Interesting, right?

The purpose of the 2018 "El Nómada Digital" team is that we all get involved together in this fascinating revolution ...

We invite you to investigate more about Bitcoin, Blockchain, and cryptocurrencies. We will continue publishing information about it and even creating groups and provide advice on this for our Inbound Marketing clients and the general public.

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