What are the strengths and risks associated with this virtual, cryptographic and decentralized currency, born in 2008? "Traditionally, a currency requires a state, which legitimizes its existence, and banks that guarantee its rarity
In the case of the bitcoin, one dispenses States and banks. "They are algorithms that guarantee the security of the circulation of the currency, and in the classic circuit, money is created by credit, and every ten minutes bitcoins are created from nothing." Monetary policy is regulated by algorithms. 2100, there will be 21 million units of bitcoins in circulation ".