Why should you have Bitcoin?

UNDERSTANDING THE CURRENT MONETARY POLICY

Currently, the problem of "money creation" is very serious, since this power is not only up to the government, but to the banks themselves, with the approval of the government. You might be wondering, "Why does the government allow this?" The truth is that the government benefits when the creation of coins occurs. Do you know about the trillions of dollars that were printed to contain the coronavirus crisis? They pass through many institutions until a fraction reaches the pockets of the population. Much of that money captured along the way is dumped into the capital market. After all, if governments are printing money at will, why are companies or wealthy people going to store assets in government money? The (inequality of) education is the last reason why "the one above rises and the one below falls ". In other words, the increase in the supply of currency creates unequal inflation and tends to benefit those who find it closer to the monetary injection. So why save some money we know over time it will be worth less?

UNDERSTANDING BASIC CONCEPTS

Blockchain: Technology that groups a set of information that connects through encryption. Thus, performing transactions and other operations securely. Blockchain is important to ensure that no one can make fraud, making every currency traceable from the moment of its creation. It functions as a large public bookbook, in which all transactions are recorded quickly and securely. Blockchain's great innovation was to store the data sequentially, but without the need for an entity coordinating the process. Network users themselves can check simply and virtually at no cost if the rules are being complied with. Unlike private networks, blockchain allows data to be shared by everyone, without the need for a larger entity. Network incentives are designed so that attackers have a high energy expenditure, while working for users, protecting the network and validating transactions was minimal.

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Bitcoin: It was the first blockchain. It was created by Satoshi Nakamoto and consists of a decentralized, immutable and public distributed storage network. Its creation brought what would be the birth of the cryptomarket, being BTC its native currency and cryptocurrency used by the network to pay rewards to the miners responsible for validating the blockchain blocks.

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BTC: The native currency of Bitcoin blockchain. It is used as a form of payment between users on the Bitcoin network, as well as reward to the validators of the blockchain blocks. It is the cryptocurrency with the highest level of decentralization, due to its creator - Satoshi Nakamoto - not being known 12 years after its development and all updates of its network depend on the approval of most of the nodes participating in the blockchain.

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WHY IS IT IMPORTANT TO HAVE BITCOIN?

In contrast to government money, Bitcoin, due to the use of blockchain technology, is decentralized, scarce, divisible, portable, deflationary and secure. Bitcoin includes culture, technology, mathematics, energy, finance, politics, currency, philosophy, economics and freedom, and covers all of this in a single ticker: BTC. By buying BTC you are buying a decentralized digital currency that can become the value reserve currency and international monetary standard. The pioneer cryptoactive (BTC) can be custody by you and your protocol is not subject to distortions caused by any entity. As a bearer title, but with the advantage of being fully digital, Bitcoin allows you to finally truly own your money.