Imagine being able to pay for snacks, gasoline and even college with a “virtual currency”. This is already possible, thanks to the updating of the global scenario in diversifying means of payment, and adhering to an economic investment proposal. And the name of that currency is Bitcoin.
Several merchants have started accepting cryptocurrencies, such as bitcoin as a form of payment. There are already 200 of them, including shops, bars, gas stations, college, taxi driver, law firm and spa. And the trend is that this number will only grow.
First of all it is important to understand what it is.
Bitcoin is a digital currency used to buy and sell products and services over the internet. Unlike other currencies, such as the real or dollar, Bitcoin today only exists in the virtual environment, being stored in a digital wallet.
The currency appeared in 2009, as a way to facilitate negotiations over the internet. Not much is known about its creator, only that it is a programmer, or group of programmers, who uses the pseudonym of Satoshi Nakamoto.
HOW DOES BITCOIN WORK?
The foundation of the Bitcoin system is cryptography. It ensures that the system works and that all transactions are carried out securely and anonymously. That’s why Bitcoins are also called cryptocurrencies.
BENEFITS
Bitcoin’s main objective was to function as a decentralized currency. In other words, it would not have a financial institution, such as a bank, to mediate the exchange of money between
two people.
Thus, internet transactions could be faster, cheaper and currencies could be used in any country, with no special limits or conditions.
Due to its rapid appreciation, Bitcoin has become, for many, the opportunity for an “investment” with a high potential for return. Thousands of people have multiplied their money with the purchase of Bitcoins, but it is very important to understand how this market works, before adding it to your investment portfolio.
With the beginning of financial transactions, many companies entered this medium, mainly to attract more updated consumers in the digital and economic scenario. It is still something that is being structured in the Brazilian scenario, but it already has great prospects.
Always important to note, as Bitcoin is a highly volatile digital currency, its values are quoted at all times. So when paying for any goods or services it is always important to keep up to date on your quote so as not to have future surprises.
HOW TO GET BITCOIN?
Okay, we talked about currency and its benefits, and you might be wondering, where can I get it?
There are, basically, 4 different ways to get this coin:
-Buy Bitcoins on exchanges (electronic platforms that facilitate the purchase, sale and exchange of digital currencies and tokens).
-Selling products or services and accepting Bitcoins as a form of payment.
-Mining the coins.
-Winning on games and websites.
IS BITCOIN SAFE?
When we talk about Bitcoin security, one word comes quickly to mind: encryption. This digital key generated by each currency is responsible for making the Bitcoin holder safe. In addition, as it is an entirely virtual wallet, you do not run the risk of having your Bitcoins physically stolen around.
However, as it is not a regulated market, those who have Bitcoins end up exposing themselves to some situations of vulnerability. Hacker attacks, pyramid schemes and server errors are some of the dangers of this market.
Because there is no person or body that oversees cryptocurrency trading, there is no protection for the investor from possible fraud or theft. If by any situation you lose your coins, there is no turning back.
ADVANTAGES OF CRYPTOCURRENCIES FOR COMPANIES
Highlight of bitcoin in the market:
Currently, any company that accepts cryptocurrencies is already different from its competitors. In the modern business environment, characterized by a high level of competition, this is extremely desirable.
In addition, cryptocurrencies have a passionate community of users. Such a community is predisposed to support and buy from companies that are not afraid to venture into this new form of payments.
What are you waiting for? Start investing in Bitcoins
