The business world has for some time witnessed a new revolution of another kind, the emergence of the so-called electronic currency electronic money. They are virtual currencies that are used in exchanges and transactions such as financial transfers and direct payments electronically, that is, they are used only over the Internet. There are dozens of varieties of these currencies, such as: Bitcoin, Leitquin, Pacoin, Nemquin, Perquin and Fasquin. The importance of each digital currency is determined by the number of users and the structure of each network and the sites in which they are exchanged.
In the next few lines, what is this currency? Its inception and mechanism of action. Its components, its diffusion and its uses, and what is the position of the countries and the countries that started to deal with them? Value and how to get it? What are the most important advantages and disadvantages? Its risks and its expected future?
the definition:
Some know the BitCoin currency as: "Unrecognized decentralized electronic currency Peer-to-Peer (P2P), electronic signature and encryption are used to demonstrate and enable users to conduct online currency transfers and transactions without relying on intermediaries or third parties As reliable as banks ». Others believe that it is a "new project that allows users to deal with the digital currency of the Internet, while a third party sees it as: a virtual currency that is traded online using the peer to peer protocol" P2P ", and the user can store and circulation through the program of the free wallet.
However, although there is a difference in the definition of this currency among its customers in the digital business world, it can be said that it is a cryptocurrency that is abbreviated as: BTC It does not carry any serial numbers and is not supported by the state as paper currency It is a currency that accepts comparison with other currencies such as the dollar or the euro and can be used as any other currency to buy online or even convert it into traditional currencies by swaps.