The BTC unit had a 137% increase in recent days, however, there are still few who know how it works and what Bitcoin is for
Yes, Bitcoin has grown again: since the beginning of this year, the criptomoeda has seen a triumphant climb and is hitting the $ 2,500 home. But even though the currency itself is already well known, the motives behind Bitcoin's success as well as the real utilities are still unknown to the general public. But why is this virtual money worth so much? What can you do with it?
Well, first of all, you have to understand that Bitcoin (BTC) is not the only crypto on the market: there are several copies of it out there; They are not identical to each other, but usually retain the main features of the 'original' version - that is, virtual and non-traceable payment.
We say this because the major premise of a crypto-currency is precisely to ensure the anonymity of transactions. Thus, depending on the interests of the buyer, Bitcoin turns out to be safer than real money, which explains why it is used in 'obscure' cybercrime and business around the world.
Regulated by the market
Another key point of digital coins is that they are not controlled by a government or a company. In the case of our ($), for example, both the issue flow and the value of the notes, against foreign currencies, are constantly regulated by the Central Bank - but none of this exists in Bitcoin. The value of it is controlled by the supply and demand of the existing notes; In short, the more people buy it, the more expensive it gets and so on.
As with any and all currency, even more so in the case of one that wants to be worldwide, we will take a few years to extend the actual use of the BTC. However, it is a fact that when it comes to market methodology and security, Bitcoin will always have an advantage over real money - and at least by the year 2120, it should remain a great investment for those who risk more.
And my personal speculation, this year the BTC should break $ 5K. Then fasten your seatbelts and wait.
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