Bitcoin's open source code gave rise to a community of cryptocurrency programmers and users who took over the project, improved the protocol and, since then, a series of services has moved the currency-based economy.
The first bitcoin transaction took place in January 2010, exactly one year after the first batch of coins was mined. At the time, virtual money was used to pay for a pizza worth 25 dollars, equivalent at the time to 10 BTCs.
In the following months, the main users of the currency became some members of the hacker movement and political groups with anarchist or libertarian tendencies. In short, their interest in the concept of a decentralized currency based on cryptography, which made it relatively anonymous and created the possibility of financing projects that did not please the financial and political elites, mainly due to the fact that the currency had no state control. or the regulation of banks and other bodies.
Some experiences financed by virtual money were software that allow anonymous browsing on the internet, such as Tor and the Deep Web itself, known worldwide as the dark side of the internet.
For the community of bitcoin users and programmers, the currency has many advantages over the traditional financial system that can make it revolutionary.
The first would be the fact that bitcoin allows its users to transfer values to the other side of the planet instantly and at low cost. A second revolutionary element is bitcoin payments allowing the retail sector to increase its profit margin by avoiding the fees charged by credit card operators and banks in financial transactions. Furthermore, hacker currency has enormous political potential, as it is not regulated by central banks, governments or any monetary authority. That, in the view of enthusiasts, would put it ahead of the banks.
Here are previous episodes:
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that was the episode Tek MenosFios: X-ray to Bitcoin this week, where we hope it will be useful for anyone and everyone who wants to know more about this digital currency. Now, we ask our readers to comment on it and to contribute with additional information they deem necessary on this same topic.
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