Hola soy un Bitcoin - aventura en el mágico mundo de los Bitcoins y el Blockchain.
Channel: Joe Martin
Date: 2019-03-17

Hola soy un Bitcoin, mi vida es realmente excitante,
Quieres saber porque?
Porque soy versátil…
Soy una unidad contable
Una forma de pago
Una medida de intercambio
Y un almacén de valor
Y eso es excitante, muy excitante
Si yo se…
Lo siento por mis amigos, Euro, Yen, Libra y hasta el Dolar 
Claro, ellos son unidades contable, medios de pago, pero son un malísimo almacén de valor!
De hecho, ellos constantemente pierden valor debido a …
… los bancos centrales hacen mas y mas todo el tiempo – lo siento chicos.
Lo siento también por mis amigos los diamantes, el oro y la plata.
Por cientos de años, ellos han sido un gran almacén de valor
Pero no son formas de pago.
Quien carga un lingote de oro encima para pagar sus compras, como un carro o una casa???
Nadie
Y existe otro gran problema con el oro, plata y diamantes.
No puedes pagar cantidades pequeñas y hasta peor, son realmente fácil de robar.
En cambio, yo no tengo esos problemas y tengo una gran cantidad de otros beneficios mayores…
… así que mira, yo soy por mucho superior que todos ellos.
Así que ven conmigo, te contaré mi historia de cómo nací con todos mis superpoderes.
Et dire porque soy:
Una unidad contable superior
Un asombroso medio de pago
Una gran forma de intercambio
Un fenomenal almacén de valor
Y todo al mismo tiempo
Te explicaré porque nadie me puede manipular…
… y si me cuidas de la forma correcta, nadie puede robarme – ni siquiera los más astutos ladrones o hackers
Yo vivo en un sistema extremadamente seguro llamado El Blockchain (cadena de Bloques)
Está tan bien protegida que nadie puede meterse conmigo.
Nadie.
Ninguna corporación, gobierno, político o milicia.
Nadie.
Eso no es excitante???
En el próximo episodio te contaré sobre este asombroso y excitante lugar donde vivo.
Así que únete a mí para el episodio 2 y otra aventura en el mágico mundo de los Bitcoins y el Blockchain.


The Most Important Things on One Page

The rise of Bitcoin & Co. has created a gold rush of sorts. There are a lot of frivolous offers from opportunists out to make a quick buck from the hype. In a more sinister twist, there are also seasoned fraudsters who actively look for ways to part you from your money and your crypto-credit. These criminals range from the shady opportunist to the seasoned professional. To navigate this world, you must always be on your toes.

1.  Ensure that you—and only you—have the “Private Keys” to your cryptocurrencies (that is, Bitcoin and Co.). Always. No one else!
2.  You can only unconditionally trust a genuine public blockchain with many completely independent nodes.
3.  The Computer Source Code of a trustable blockchain system is always openly accessible and can be examined and used by everyone. 


Terms Used

Public Blockchain: The word “public” doesn’t accurately reflect the generally accepted meaning of this term. A public blockchain in the sense of a true, genuine blockchain is not a private blockchain nor the blockchain of a consortium or association. The characteristic of a public blockchain is that anyone who has a computer can download the appropriate software and become part of the blockchain system. In general, the data in this blockchain is publicly accessible, although this is not necessarily always the case. The computers creating the blockchain can be located anywhere in the world and work completely independently in creation and management of this blockchain. It is also worth noting that, in this context, “public” does not mean that all data is transparent, just that anyone can participate.

A public blockchain is the only blockchain that is truly tamper-proof. Not all blockchains are created equal, and the differences are crucial.
 
FIAT Currency/ Money: Fiat money has no intrinsic value—it simply serves as a means of exchange. The opposite of fiat money is commodity money, such as tobacco, rice, gold or silver, all of which have an intrinsic value alongside its exchange value. It’s value is not dependent on governmental decree. It holds its value as long as payment can be made with it. 

In principle, Euro, dollars, Swiss francs, yen and all other paper currencies are fiat currencies. They have no real intrinsic value. Critics even claim that they are worthless. At any time, fiat currencies can be inflated through additional printing from central banks and governments, thus become actually worthless. For example, this happened to the Reichsmark in 1920s Germany and has been happening to the Venezuelan bolivar since 2014. 

Bitcoin is not a comparable currency because, although it also possesses no intrinsic value, it is unique in that it cannot be manipulated or printed by any government. Thus, the Bitcoin is not subject to this kind of inflation. For this reason, it is defined as neither fiat nor commodity money, but as a cryptocurrency.