Book on Bitcoin digital currency published

The use of digital currencies has been a trend in recent years, and Bitcoin is one of them, the first digital currency that can be transferred electronically from one user to another anywhere in the world, over the Internet and without intermediaries. As a way to contribute to the financial education of citizens and answer questions about the use of this digital currency, academic Cristián Pinto of the Faculty of Economics and Business (FEN) at the University of Talca published the book "Bitcoin for the People: Guide to a Financial Revolution." The text is written in simple language, with the intention that readers can understand and resolve their doubts about this digital currency, without needing prior knowledge of finance, mathematics, computer science, or other disciplines related to this system. "Throughout the book, we present how bitcoins are created and how they can be acquired, as well as the operation of the digital wallets that allow us to make payments and transactions in Bitcoin," stated the UTalca academic. The text also explains how the Bitcoin blockchain works and how this digital currency is updated by a specific group of participants, known as miners. Finally, the book explains why you should invest in this asset and addresses some myths and realities about the subject. Operation The specialist clarified that Bitcoin transactions are not managed by any government, company, or financial institution, as they only require a series of rules and computational algorithms that allow coordination among network participants so that transactions using Bitcoins are validated and recorded in a public database. “Many people wonder, for example, if Bitcoin is a scam. Others want to know if it's secure, if the system can be destroyed by hackers, or if it can be banned by the government. There is also a belief that Bitcoin is associated with illicit activities. And, lately, both the media and investors have focused their attention on the harmful effects of this currency on the environment, given its high electricity consumption. The final chapter of the book addresses these and other relevant myths and realities about Bitcoin,” Pinto commented. The book can be purchased through digital platforms: https://www.amazon.com/dp/B09YMJRRTW/ref=redir_mobile_desktop?_encoding=UTF8&language=es&qid=&ref_=tmm_kin_swatch_0&sr