There is much talk lately about this so-called virtual currency, and not few are the questions posed. In this article we will try to answer some of these questions.
Who and when invented the bitcoin?
Therefore, for certain, is not known who or who were its creators. The bitcoin was designed in 2008 by a person or group of persons acting under the pseudonym of Satoshi Nakamoto. In 2009 was when the network was set up and began to run the currency.
Is it really a currency, like the dollar or the Euro?
No, the bitcoin is not a coin to the use of the traditional. Is true that can be accepted as means of payment, as it may happen with gold or salt, but in truth it is not a currency as such, since there is no authority which take decisions on their issuance and control, at least for the time being, since the US authorities are now considering regular this figure, while on this side of the Atlantic There is a Spanish MEP who tabled a question to be answered by the Commission.
Then, if it is not a currency, what is?
. Some people just buy bitcoins as an investment, hoping that they’ll go up in value. Several marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. Mt. Gox is the largest bitcoin exchange.. You can get bitcoins accepting them as payment for goods and services or purchasing them from a friend or someone close to you . You can also buy them directly from an exchange with your bank account. There are a growing number of merchants accepting Bitcoin services worldwide . You can use Bitcoin to pay them and value their experience to help honest businesses earn more visibilidad.Usted can use a Bitcoin wallet in your everyday life with your mobile device or you can have a purse just for online payments from your computer. In any case, you can choose your wallet in a minute.
In the terms and conditions of use of one of the companies that sell bitcoins, defined them as commodity internet. In other words, a good or article from the Internet. This good, in addition, it puts the surname of Peer-toPeer which indicates that it develops its existence in the field of P2P networks.
By establishing an analogy easily the bitcoin seem understandable, to domain names, in the sense that they are something that no one can play, created on the occasion of Internet and its technology, likely to be worth a price, i.e. susceptible that someone can get to pay money (traditional) to make them.
And on the other hand, also has similarities with tangible assets, such as gold or salt, that without being currently legal tender coin, (as indeed happened in the past) can be used as an instrument or means of payment in transactions of goods and services.
In this sense is very illustrative of the season 13 episode third series The good wife that is actually about the subject with a rigor unfit for the environment. I recommend watching this episode all those who seeking to learn about the bitcoin and at the same time entertain. In the plot, the US Treasury aims to a lawyer, allegedly acting on behalf of the creator of bitcoin, to reveal the identity of his client, to which the lawyer refuses. For this reason, the procedure is directed against it (as happens to traffic fines if it does not identify the driver, ranging to the owner of the vehicle), considering the public Treasury that the bitcoin is the creation of a currency for violating the public concerning monopoly, while defense considered the bitcoin wasn't a currency but an ordinary good. Finally, the judge considers that the bitcoin is a currency, but the accused lawyer get acquitted to not be able to prove that he really is the creator of currency.
Good, but so is the bitcoin legal?
We can say that, for the moment, Yes. However, it should take into account that the bitcoin is a tool and that, as such, it is not good or bad, it all depends on what we do with it, like a knife. You have to cut bread is not a crime, but have it and carry it to mow the jugular neighbor, on the other hand, if might be it. You have the bitcoin itself, not is any illicit, but nor can I use the bitcoin - or Yes? - to hide the profits from illicit activities.