Introduction

Internet

Today and a few years ago, even since the spread of the internet, any excuse of ignorance is invalid, ie if for example I would like to know how to do composting in my own garden and without investing a lot of money, I would only have to search that information in the search engine of my browser, it is overwhelming the amount of information about the same topic that we can find on the internet without having to move much, from any computer or devices able to connect to the network. This is because in some part of the world an individual decided to take the time to elaborate said content, to publish it and upload it so that all those interested in the subject can find it, this same process repeated a lot of times and the result is the internet, a living world with which we can interact almost as if people were a few meters from us.
The internet is so real that it allows us to access news from the most distant regions in a matter of only seconds of being published, this in turn being a great advantage when it comes to being in contact with friends and family whose careers or jobs led them to another country, region or even continent. It even gives the opportunity to many people who decide to operate their businesses from home through a computer, either by selling products in a virtual store, but also offering professional services, legal advice, accounting or business card design, web pages, etc. And it is this particular point that has helped millions of entrepreneurs to grow with their companies thanks to the greater ease of promoting their products and services to a larger number of potential customers.

But what does this have to do with Bitcoin?

In fact, essentially everything. Just as the Internet is only an information network that travels across the globe, and whose value or utility is given by a human counterpart, ie, it is the user that gives the utility and the real value of the web, that is exactly how cryptocurrencies work, both are tools, it is the community that is responsible for giving a utility and therefore its value, it is so to such an extent that the larger the community, the more stable the value of the cryptocurrency, the thing is as simple as that.

How does Bitcoin (BTC) work?

Bitcoin is a currency whose attribute is that in order to be acquired a computer must solve a series of mathematical calculations and once it's completed a "reward" is obtained, in this case, a certain amount of BTC, this process is called " mining "and is used by the vast majority of existing cryptocurrencies, and it is by this process of problem solving or "encryption" that is called crypto-currencies.

Another attribute or characteristic of the BTC is the control of its quntity, that is, the supply is limited and can not exceed the amount established at the beginning, ie there will be 21,000,000 (twenty-one million) Bitcoins, and can never be a single unit more than that . That is why in fact its value or price always tends to increase, since it increases the adoption by new users while the supply remains the same.