Bitcoin and cryptocurrencies

in #bitcoin6 years ago

Bitcoin and cryptocurrencies
Bitcoin and cryptocurrencies: what are they? How do they work? How to earn bitcoins? And how to earn cryptocurrencies?
The cryptocurrencies are virtual coins that are based on blockchain technology, which exploits a series of decentralized distributed databases in the network and a cryptographic algorithm to manage all functional aspects: from the creation of new cryptomena to the management of transactions
The bitcoin was the first cryptocurrency created.
There are 6 possible ways to earn bitcoins and earn cryptocurrencies: holding, offering, mining, lending, staking and trading
Almost all sectors have been literally turned upside down in recent years. Try to take notice.
Food, transport, means of communication, lifestyles.
A few years ago would you have ever imagined this huge wave of health in the diet? And how many people imagined a future made of electric cars?
Above all, how many people thought that social networks would become the real great means of mass communication?
Only one sector seems to have changed little compared to the past: the currency.
The use of money is practically the same since the end of the 1971 Bretton Woods convention, which put an end to the anchorage of currencies with the price of gold. And that therefore sanctioned the beginning of the fluctuation of currency exchange rates.
Creating online trading opportunities that we know well and that are the subject of interest on this site.
But when it comes to bitcoins and cryptocurrencies, we are talking about a much larger change than the end of the Bretton Woods agreements. Which was still a huge change.
When we talk about what bitcoins are and what cryptocurrencies are, we talk about the birth of a new type of global currency. Indeed not the birth of a single new global currency, but of many new global currencies, the cryptocurrencies
#cryptocurrency #bitcoin #crypto #steem #steemit #esteem