Crypto Academy Season 3 Beginners' course - Task 3: Bitcoin, Cryptocurrencies, Public chains. Por KROUSSE10
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(2) What Is Bitcoin and what was the Aim Behind Bitcoin Invention? Is Cryptocurrency Good For A Business To accept As Payment? Why?
Bitcoin is a decentralized digital currency, it was the first digital currency, created in 2009 by Santoshi Nakamoto This digital currency is used to buy, and exchange for other currencies, although it only exists in the computer market and does not depend on any government, much less banks ed as feasible as traditional money, This is a system that works without an administrator and for this reason makes it more attractive and popular in this world of Cryptocurrencies, bitcoin can be saved or stored for daily use common.
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It is a currency as well as safe and easy to use, this currency is backed by its blockchain technology (blockchain) Thanks to this, virtual money can be used as material cash
Basically, the objective of the creators of bitcoin was to make another faster and more efficient payment alternative a reality, nothing like traditional money since this currency facilitates all commercial transactions.
Cryptocurrencies are good for a company to accept as payment since with this new technology
- ✔️payments would be faster
- ✔️ would be carried in an efficient and transparent way
- ✔️ all payments would be safe
- ✔️ all the processes would be developed in a faster and more efficient way the processes It would be simpler since to pay we should only know the address where the money goes, apart from that for the company it would greatly reduce the tax
- ✔️ It would attract much more customers
- ✔️ Thanks to its popularity this coin is moving around many parts of the world
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This is a very viable payment method like physical money but with the difference that it is digital and the companies that accept this form of payment are because they are already aware of the importance and everything that cryptocurrencies have grown Not only in the world but also in daily life
Hi @krousse10, Thank you for taking interest in the 3rd Task of the Beginners Fixed Class. Your grades are as follows:
My Review and Suggestions:
You did not explain the purpose of Bitcoin clearly, the main purpose is to replace the traditional financial system used by the Bank which is very closed and full of manipulation.
Your explanation is too shallow, study the discussion more deeply, so you can add more information to your post.
Improve your writing skills even more by studying "Markdown Style Guide".
Don't put a link to the image source from google image, put a link that comes from the original source.
Note: Sorry for the delay in the assessment, we have problems seeing the time of each post.
Thank you!