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Currencies
The digital or encoded currency, headed by Petquin, is a fake coin which is not tangible by hand and does not supervise the printing or issuing of any central bank.
It was created by a person or group of unidentified persons called Satoshi Nakamoto, which began trading in 2009.
Bitquin does not depend on a broker or a central register, ie, the currency is traded between the seller and the buyer without any mediation. The digital currency is recorded in encrypted records spread around the world, and no one can follow the currency through the records to know its owner. In other words, your money does not know how many people, not a bank employee, government or anyone else.
For example, if you go to a store and buy a piece of clothing and pay by credit card, the bank is the intermediary between you and the seller. Even if you pay cash, the central bank is the mediator;
If you use a digital currency, for example, a bitcoin and when you buy a piece of clothing, you pay through a wallet stored on your mobile phone and the seller has a machine similar to the payment machine with credit card, you pay directly to the seller.
When the process is done, ownership of the digital currency changes from your portfolio to the seller's portfolio. The change of ownership over computer networks around the world is decentralized in a short time in a decentralized way called Blockchain, ie no computer or central bank that processes or knows the parties , And that the property changes without the knowledge of the seller and the buyer.
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