This is the value of the cryptocurrency Bitcoin on March 10

Bitcoin was the first cryptocurrency to hit the market. Created by Satoshi Nakamoto in 2008, this digital currency promoted libertarian ideals and sought to put traditional monetary and financial institutions under control after the global financial crisis that occurred that year.

he Bitcoin (BTC) It uses cryptography to ensure that its operations are not regulated by any banking institution or body, which in turn has placed the currency in the middle of controversy over its volatility, because by not requiring intermediaries. He was accused of facilitating illegal activities such as fraud.

Despite the skepticism, there are those who have chosen Bitcoin: El Salvador became the first country to adopt this cryptocurrency as legal tender on June 9, 2021, and prosperous Honduras, a special autonomous region in Central America, did the same.

The cost of Bitcoin cryptocurrency for today at 09:00 (UTC) is $69446.38. This means that the digital currency had 1.24% change in the last day, as well as a -0.06% movement in the last hour.

Due to the level of capitalization, this digital currency ranks Position No. 1 among the most popular.

Digital currencies They are no longer foreign elements and begin to enter everyday language, awakening the interest of those who are concerned with financial matters or even reaching the level of existence. Legal in some areas of the world.

As the name suggests, cryptocurrencies They use encryption or encryption methods To carry out transactions in a decentralized system, mostly, through Block chains (Blockchain), which moves it away from traditional models where banks act as intermediaries.

Its innovation has led many people to be interested in investing in digital currencies, as their value has increased significantly in recent years Bitcoin, Ethereum and Dogecoin The most popular and those with the highest capitalization in the market.

Each of these modules is created by A process called “mining” Users can obtain them through different agents or cryptocurrency exchanges, and then store them in “crypto wallets” or perform various transactions with them using unique keys.

despite of It was in 2009 when Bitcoin entered the market as the world's first cryptocurrency.The fact is that this is just a boom in the financial field, so its use is expected to increase in the near future.

Cryptocurrencies have different characteristics that make them unique: It is not subject to the control of any institution; No need for third parties in transactions; Blockchains are always used to prevent the illegal creation of new cryptocurrencies or modification of transactions that have already been made.

However, through the lack of regulatory bodies such as a central bank or similar entities They are accused of being unreliable and ficklepromoting fraud, not having a legal framework that supports its users, allowing the operation of illegal activities, among others.

Although it may be a paradox, cryptocurrencies at the same time guarantee security to miners regarding the network they are in (the network) which includes code management; Breaking this security is possible but difficult Because whoever tries this must have greater computational power than even Google itself.

Whoever invests in this type of digital currency must be very clear that this form carries with it a High risk of capitalWell, just as it can have a surge, it can also crash unexpectedly and wipe out its users' savings.

To store it, users must have a file Digital wallet or walletIt is, in fact, a program through which cryptocurrencies can be saved, sent and dealt with. In fact, this type of wallet only stores the keys that indicate a person's ownership and right to a particular cryptocurrency, so it is these tokens that actually need to be protected.