BITCOIN IS THE BEST PLACE TO INVEST.

I'm going to try to summarize some basic information about bitcoin. The important thing is to know that I'm not a kind of sales agent who knocks at the door to tell people who's the razor that makes you the most aerodynamic. I'm not interested in how many people come into this field, after all, our business is an information site, we do not earn anything if people buy or sell bitcoin in one place or another.
Time stamp, blockchain technology behind the bitcoin and its utilities
In short, Bitcoin is the first cryptographic coin. What it means - it's about changing highly encrypted, encrypted values, and the secret ingredient is a time stamp. ADDITIONAL - if I have made a transaction through this coin (say send money to someone, or buy something from the Internet, or "mine" - I will explain mining below), that transaction is recorded with a time stamp ( date, time) and can no longer be changed in any way, unless you curve the time, you return with time before the transaction and change it. In other words, it is simply impossible because it is based on a factor that does not hold man or technology - time. This time stamp can be seen as a kind of serial number on the money. Money is not fake due to a number of safety measures including that serial number. Correct? Well, the series is printed once in cash when they are put on the market by the issuing bank, and with that series they remain until they are quashed. But if you go to a store and buy a product, the series does not change, there is nothing extra to that code, the money is the same. With this time stamp of the bitcoin, every time the money goes through a place, something is added to the virtual place it's been through, that is, another time stamp that tells you how much money went through that place . However, it is important to say that the "place" (also called electronic wallet) is not related to the identity of a particular person. So you can not find information about the activity of Alex Popescu, who used a bitcoin on date x to buy y. This, unfortunately, makes them susceptible to money laundering in some cases. Moreover, because the money in question can only be accessed by the person holding the password, nobody can confiscate or tax them and no one can assess exactly how much money a person holds if he does not make his personal public code. Otherwise, if we are talking about a public institution or administration at the service of the citizen, that code (called e-wallet address) can be made public, and citizens can pursue every activity of interest - what public money is spent, how many taxes are collected, during which period, etc. All this without the need for expensive paperwork, officials and departments, because the whole process automatically makes the computer, without the possibility of mistake and instantaneous.
That's why, due to time stamps, technology (called blockchain) can be used for example in the notarial field where there is no need for trustworthy staff. When you have a choice between trusting a paid man with a lot of money (a man who can hypothetically be corruptible) or in a fast (categorically and demonstrably incorruptible) technology, it's good to go to the technology. So a testament, for example, or a purchase sale contract - is electronically introduced by a person who is the sole owner of the password, and has an incorruptible time stamp based on blockchain technology. This clearly knows the intentions of that person to pass the property from one person to another.
For the technology that was created, Satoshi Nakamoto (the programmer hiding behind a pseudonym, his identity is unknown) should have been nominated for the Nobel Prize, but because he is a person under the protection of anonymity, they would violate the Foundation's rules .
That's what it would be like to say about the bitcoin on security and the reasons why people trust the coin.
About bitcoin and its value
Obviously, the value of money is that ... they are worthless, they are not consumable, and can only be used as a method of exchange, because people trust them and, in addition, they are legally obliged to accept them. They are emitted by a central bank.
Gold is the most important value on the market because it is genuine, genuine, and comes in limited resources, mined by human and technological forces, so they are not subject to volatility just like, say, the Zimbabwean dollar, where the central bank injected large amounts of money, and now a bus ticket costs more than a billion Zimbabwean dollars. Inflation principles are already known, as is the way money is emitted.
It's the same principle when it comes to bitcoin. Like money or gold, it has no value in the sense that it can not be used to cover the primary or secondary needs of man (food, shelter, luxury, etc.). Basically, it is a symbol for some accepted transaction values.
I'm going to try to make a kind of proximity, specific feature. Gold and bitcoin have no value, as we said earlier. For both, an effort is needed to get out. In the case of gold, this effort is obvious - mining. In order to better understand the concept, the process of issuing bitcoins is called mining and involves an effort, which is not physical but only technological and that some devices make (in the past, computers, effective). These devices consume current to solve a single cryptographic equation. It connects to an outlet and wi-fi to an electronic wallet. Randomly, depending on the computing power of the connected device and the number of people trying to make the calculations (which gives the difficulty of mining), the equation will be resolved faster or slower and the miner will be rewarded with a higher amount or less bithokin, which is transmitted according to the protocol to the electronic wallet. It receives the so-called proof of work, ie a time stamp, as in the case of transactions that give it that amount of new virtual money without a trading history.
Gold has the merit of coming in limited quantities of nature. So, in the Bitcoin protocol (the programmer code that the entire system is based on), a maximum limit of bitcoins that can be generated for the entire history (21 million bitcoins) is imposed.
It is important to say here and that the protocol that imposes operating rules for the system is an open-source one, that is, it can be seen by everyone. So if any programmer noticed any irregularity, any false, any "hidden clause," could have made it public. The protocol has been verified and verified by those interested and having programming knowledge. In addition, programmers who are about to change this protocol can definitely do this. The problem is, once you have made a change to the protocol, people will read that change, see what has been done and will judge whether or not it is a good change. If they like it, they can all adopt it, and then the change enters the mainstream, in the official protocol, by updating the program by most users. It's a very simple voting system that has worked well so far. So, if we say someone decides to make a change that is not accepted by the community, that change remains only on his computer and does not enter the bitcoin network. It's like writing a book, but not publishing it, no one reading it, staying forever in your drawer, and leaving the county library unchanged.
The activist...

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