Hi Readers,
Bitcoin is an electronic currency created by the genius Satoshi Nakamoto in 2009. Designed using a peer-to-peer network without centralized storage or a single administrator, financial experts call bitcoin a decentralized currency. Bitcoin uses a database that is distributed and propagated to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by the person who owns them, and never more than one time. Now people have started to be interested in using bitcoin as a means of payment or as a means of long-term investment. For those of you who don't know much about it, bitcoin is a virtual currency where people can make transactions through electronic devices such as computers or smartphones that you have.
However, bitcoin is known as a counterfeit-resistant medium of exchange. But other than that bitcoin also has advantages and disadvantages, including:
• Advantages of Bitcoin:
√ Avoid the risk of counterfeiting,
√ Bitcoin knows no national borders, does not waver due to political conditions in government, and is not affected by anything.
√ Bitcoin can suppress excessive inflation.
√ The holders also do not have to pay service and registration fees, when used as an investment vehicle,
• Weaknesses of Bitcoin:
√ The price is volatile (easy to change),
√ If you lose your private key, it cannot be recovered,
√ Some financial observers consider bitcoin to be an illegal currency because it is not supported by legal regulations in the eyes of the law,
Those are the advantages and disadvantages of Bitcoin that I can explain to you. And this time I will introduce you to a project that also has almost the same technology as Bitcoin. But this project can be said to be a refinement of Bitcoin technology...
Well that's right, this project is named
Bitgesell..
" A Modern And Truly Rare Store Of Value "
• A Brief About The Bitgesell Project,,
Bitgesell is an asset and has an ever-increasing value. Or it can also be said that Bitgesell is a way to maintain/keep the assets that we have because their value continues to increase. Storing value means the ability of an asset, specifically Bitgesell, to have value over time. Because they have value over time, these assets can be used to transfer current purchasing power into the future and to accumulate wealth. This ability is one of the functions of Bitgesell, apart from being a medium of exchange. Bitgesell is more liquid than other assets that act as a store of value such as gold or securities. This is because, as a medium of exchange, Bitgesell can be used as an investment vehicle. Bitgesell makes a good store of value when inflation is low. However, its value will be eroded when inflation is high. In simple terms, intrinsic value is the value that exists in something that can stand alone. By having a high intrinsic value in it, Bitgesell has values that continue to increase from time to time. This value is of course the same for every coin circulating on every exchange, both in the country where the Bitgesell coin was created or on the exchange where the Bitgesell coin is traded. This is the Intrinsic value of the Bitgesell coin. Thus intrinsic value is a subjective measure in the stock world.
• What Are The similarities ,Differences Between Bitgesell & Bitcoin?
As a platform that has almost the same concept as Bitcoin, Bitgesell has several similarities and differences, including:
• Bitgesell And Bitcoin Equations,
√ Total Circulating Coin Supply Is 21 million,
√ Have Same Coding Base,
• Differences Bitgesell And Bitcoin,
√ Accelerated Halving,
- If Bitcoin takes 4 years to explode in price, while Bitgesell only takes about 1 year,
- Bitgesell will burn up to 90% transaction fees. This will cause a decrease in the value of the supply of circulating tokens, so it is certain that the price of Bitgesell tokens will increase, while Bitcoin does not.
Those are some similarities and differences between Bitgesell and Bitcoin that you can take into consideration. What do you think ?
Here Are Some Easy Steps For Activating Node
( Way To Connect One Device With Another ) Your Bitgesell. And please open the following web, then download it by adjusting the device you are using,
Website
Linux(BGL node)
Linux(with Qt wallet)
MacOS
Windows (64-bit installer)
• Next Stage, Please install the file that you downloaded earlier,
• Next Stage, Select the installation destination folder, And select the menu that has been provided to get started,
• Next Stage, You can install it directly to find out the features that are in it,
• Next Stage, You can run BGL Core freely now,
Good luck, guys,
Impotant Note :
You can trade Bitgesell on this exchange :
Exchange
Conclusion,
Storing assets is defined by various dimensions and viewpoints. Assets that are managed effectively and efficiently can achieve the company's expected goals. Storing assets is not only safe but also must know about managing and recording a list of assets owned. Asset optimization must be carried out to prevent losses from occurring. Each user must know whether the assets owned are increasing or decreasing. With good asset management, we can reduce expenses and increase income.
Here's An Explanation About The Bitgesell Project Through Article I Can Dedicate To You,
Some Official Bitgesell Channels That Can You Visit:
Twitter
Reddit
Facebook
Telegram
Disqord
Author : lemplong
Bitcointalk Url : https://bitcointalk.org/index.php?action=profile;u=1310212
Bitgesell Add : bgl1qmllmmd6lgf9nrcehq26zru8d45t5a79jzq2c5c