what is pasatacoin how it works?

in crypto •  6 years ago 

Fuente

he Pesetacoin is a cryptocurrency, an electronic currency similar to Bitcoin, which can be used to buy goods and services of all kinds. Unlike other currencies, Pesetacoin has special qualities that in many ways improve traditional currencies (euro, dollar, etc ...) and online payment methods such as Paypal or MasterCard, since commissions are reduced to a minimum and improve the security of transactions. It is an ideal currency for e-commerce and for transactions between individuals, even if they live in different countries. The Pesetacoin has come to stay, and become a real alternative to € and banks. Although it may seem complicated at first, in practice sending and receiving pesetacoins is as easy as sending and receiving an email

Fuente

Why is Pesetacoin interesting?
Transactions can be made without intermediaries and without abusive commissions (paypal, bank fees for use of cards and POS, etc ...). The transactions are made directly between people and / or companies. For individuals it is not necessary to have a debit / credit card or pay for related expenses.
It does not belong to any State or country and can be used around the world equally without barriers of change or conversion or shipping costs.
Its operation depends solely on the users themselves through an extensive network of nodes created by the community itself and which are responsible for transmitting and confirming transactions via the Internet.
Security. Its cryptographic system is so powerful that it makes it impossible to falsify or duplicate it. The transactions are irreversible. (Do not wait for days or weeks until you have the money in the bank account). Pesetacoins are received in the receiver's portfolio in a few minutes and are not "on hold".
It is not necessary to reveal your identity in the payment process and preserve your privacy. (in this aspect it looks a lot like money in cash).
The pesetacoins that you have stored in your wallet are always yours and never from the bank or the country where you live. They can be protected with an encrypted wallet and backup copies.
Some people also buy pesetacoins as an investment and / or as a safe haven in case of a collapse of FIAT money (something similar to precious metals).
The Pesetacoin can be used to buy goods and services of all kinds. In addition, international payments are easy and cheap because they are not linked to any country or subject to regulation. It is an attractive currency for small businesses because they do not pay commissions for payments with bank cards.

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