all-in-one privacy solution":["Proton Unlimited es una solución de privacidad todo en uno"],"Black Friday":["Black Friday"],"No ads. Privacy by default.":["Sin anuncios. Privacidad por defecto."],"People before profits":["Primero las personas, luego los beneficios"],"Security through transparency":["Seguridad con transparencia"],"The best Proton Mail ${ BLACK_FRIDAY } deals":["Las mejores ofertas de Proton Mail en el ${ BLACK_FRIDAY }"],"The world’s only community- supported email service":["El único servicio de correo electrónico del mundo respaldado por la comunidad"]},"specialoffer:limited":{"${ hours } hour":["${ hours } hora","${ hours } horas"],"${ hoursLeft }, ${ minutesLeft } and ${ secondsLeft } left":["Tiempo restante: ${ hoursLeft }, ${ minutesLeft } y ${ secondsLeft }"],"${ minutes } minute":["${ minutes } minuto","${ minutes } minutos"],"${ seconds } second":["${ seconds } segundo","${ seconds } segundos"],"Limited time offer":["Oferta por tiempo limitado"]},"specialoffer:listitem":{"Create multiple addresses":["Cree múltiples direcciones"],"Hide-my-email aliases":["Seudónimos de hide-my-email"],"Quickly unsubscribe from newsletters":["Cancele suscripciones a boletines rápidamente"],"Use your own domain name":["Use su propio dominio"]},"specialoffer:logos":{"As featured in":["Tal como aparece en"]},"specialoffer:metadescription":{"Get an encrypted email that protects your privacy":["Obtenga un correo electrónico cifrado que protege su privacidad"]},"specialoffer:metatitle":{"Proton Mail Black Friday Sale - Up to 40% off":["Oferta de Black Friday de Proton Mail: hasta un 40% de descuento"]},"specialoffer:newmetadescription":{"Get up to 40% off Proton Mail subscriptions this Black Friday. Find great deals on our secure end-to-end encrypted email plans.":["Aproveche las rebajas de Black Friday y obtenga suscripciones de Proton Mail con hasta un 40 % de descuento. Encontrará las mejores ofertas en planes de correo electrónico seguro cifrado de extremo a extremo."]},"specialoffer:newmetatitle":{"Proton Mail Black Friday sale | Up to 40% off secure email":["Rebajas de Black Friday en Proton Mail | Hasta un 40 % de descuento en correo electrónico seguro"]},"specialoffer:note":{"* Billed at ${ TOTAL_SUM } for the first year":["*Con un costo de ${ TOTAL_SUM } durante el primer año"],"*Billed at ${ TOTAL_SUM } for the first 2 years":["*Con un costo de ${ TOTAL_SUM } durante los primeros 2 años"],"30-day money-back guarantee":["Garantía de devolución de dinero de 30 días"],"Billed at ${ TOTAL_SUM } for the first 2 years":["Con un costo de ${ TOTAL_SUM } durante los primeros 2 años"],"Billed at ${ TOTAL_SUM } for the first year":["Con un costo de ${ TOTAL_SUM } durante el primer año"],"You save ${ SAVE_SUM }":["Ahorre ${ SAVE_SUM }"]},"specialoffer:off":{"${ PERCENT_OFF } off":["-${ PERCENT_OFF }"]},"specialoffer:testimonial":{"I love my ProtonMail":["Amo mi Proton Mail"],"My favorite email service":["Mi servicio de correo electrónico favorito"],"Thanks Proton for keeping us all safe in the complicated internet universe.":["Gracias Proton por mantenernos a salvo en el complicado universo de Internet."],"You get what you pay for. In the case of big tech, if you pay nothing, you get used. I quit using Gmail and switched to @ProtonMail":["Obtiene aquello por lo que paga. En el caso de la gran tecnología, cuando uno no paga nada, se acostumbra. Dejé de usar Gmail y cambié a @ProtonMail"]},"specialoffer:time":{"Days":["Días"],"Hours":["Horas"],"Min":["min"]},"specialoffer:title":{"And much more":["Y mucho más"],"Make your inbox yours":["Personalice su bandeja de entrada"],"Safe from trackers":["A salvo de rastreadores"],"Stay organized":["Mantenga el orden"],"Black Friday email deals":["Ofertas en correo electrónico del Black Friday"],"Don’t just take our word for it":["No confíe solo en nuestra palabra"],"Our story":["Nuestra historia"],"Transfer your data from Google in one click":["Transfiera sus datos de Google con un solo clic"]},"specialoffer:tooltip":{"Access blocked content and browse privately. Includes ${ TOTAL_VPN_SERVERS }+ servers in ${ TOTAL_VPN_COUNTRIES }+ countries, connect up to 10 devices, access worldwide streaming services, malware and ad-blocker, and more.":["Acceda a contenidos bloqueados y navegue de forma privada. Incluye más de ${ TOTAL_VPN_SERVERS } servidores en más de ${ TOTAL_VPN_COUNTRIES } países, se conecta con hasta 10 dispositivos, accede a servicios de transmisión de todo el mundo, bloquea malware y publicidad y mucho más."],"Easily share your calendar with your family, friends or colleagues, and view external calendars.":["Comparta su calendario con familiares, amigos y compañeros fácilmente y consulte calendarios externos."],"Includes support for 1 custom email domain, 10 email addresses, 10 hide-my-email aliases, calendar sharing, and more.":["Incluye compatibilidad con 1 dominio de correo electrónico personalizado, 10 direcciones de correo electrónico, 10 seudónimos de hide-my-email, posibilidad de compartir calendario, etc."],"Includes support for 3 custom email domains, 15 email addresses, unlimited hide-my-email aliases, calendar sharing, and more.":["Incluye compatibilidad con 3 dominios de correo electrónico personalizado, 15 direcciones de correo electrónico, seudónimos ilimitados de hide-my-email, posibilidad de compartir calendario, etc."],"Manage up to 25 calendars, mobile apps, secured with end-to-end encryption, 1-click calendar import from Google, and more.":["Administre hasta 25 calendarios, apps móviles, protegido con cifrado de extremo a extremo, importación de calendario con 1 clic desde Google y más."]},"Status banner":{"Learn more":["Más información"],"Please note that at the moment we are experiencing issues with the ${ issues[0] } service.":["Tenga en cuenta que, en este momento, estamos experimentando problemas con el servicio ${ issues[0] }."],"We are experiencing issues with one or more services at the moment.":["En este momento, tenemos problemas con uno o más servicios."]},"Status Banner":{"At the moment we are experiencing issues with the Proton VPN service":["En este momento, tenemos problemas con el servicio Proton VPN."],"Learn more":["Más información"]},"suggestions":{"Suggestions":["Sugerencias"]},"Support":{"Sub category":["Subacategoria","Subcategorías"]},"Support article":{"${ readingTime } min":["${ readingTime } minuto","${ readingTime } minutos"],"Category":["Categoría","Categorías"],"Didn’t find what you were looking for?":["¿No encontró lo que buscaba?"],"General contact":["Contacto general"],"Get help":["Obtener ayuda"],"Legal contact":["Contacto legal"],"Media contact":["Contacto para medios"],"Partnerships contact":["Contacto para colaboradores"],"Reading":["Lectura"]},"Support troubleshooting":{"App version":["Versión de la app"],"Browser":["Navegador"],"Check if this helps":["Compruebe si le sirve"],"Choose a product":["Elija un producto"],"Did this solve your issue?":["¿Le ha resultado útil para resolver el problema?"],"Faster assistance is just a few clicks away":["Solo le separan unos clics de una asistencia más rápida"],"How can we help?":["¿Cómo podemos ayudarle?"],"No, contact support":["No, contactar a soporte"],"Please fill out one field after another":["Complete un campo después de otro"],"Please make your selections":["Realice sus selecciones"],"Proton account":["Cuenta de Proton"],"Proton for Business":["Proton for Business"],"Thank you for your feedback":["Gracias por sus comentarios"],"What can we help with?":["¿En qué podemos ayudarle?"],"Yes":["Sí"]},"support_modal_search_query":{"Search query":["Consulta"]},"support_search_button":{"Search":["Buscar"]},"support_search_i_am_looking_for":{"I'm looking for":["Busco"]},"SupportForm":{"For a faster resolution, please report the issue from the Bridge app: Help > Report a problem.":["Para una resolución más rápida, reporte el problema desde la app Bridge: Ayuda > Reportar un problema."],"Information":["Información"]},"SupportForm:option":{"Account Security":["Seguridad de la cuenta"],"Contacts":["Contactos"],"Custom email domain":["Dominio de correo electrónico personalizado"],"Email delivery and Spam":["Entrega de correo electrónico y spam"],"Encryption":["Cifrado"],"Login and password":["Inicio de sesión y contraseña"],"Merge aliases and accounts":["Combinar alias y cuentas"],"Migrate to Proton":["Migrar a Proton"],"Notifications":["Notificaciones"],"Other":["Otros"],"Plans and billing":["Planes y facturación"],"Proton for Business":["Proton for Business"],"Sign up":["Regístrese"],"Storage":["Almacenamiento"],"Users, addresses, and identities":["Usuarios, direcciones e identidades"]},"SupportForm:optionIntro":{"Select a topic":["Seleccione un tema"]},"swiss_baseed_feature":{"Swiss based":["Con sede en Suiza"]},"Testimonial":{"Awards":["Premios"],"Customers":["Clientes"],"Featured":["Destacados"],"Go to testimonial source":["Ir a la fuente testimonial"],"Reviews":["Reseñas"],"Videos":["Videos"]},"Text":{"If you need help, check out our ${ supportLink }.":["Si necesita ayuda, consulte nuestra ${ supportLink }."],"The page you’re looking for might have been removed, or it could be an\nold link.":["Es posible que la página que busca haya sido eliminada o que sea un\nenlace antiguo."]},"Title":{"On this page":["En esta página"],"Related articles":["Artículos relacionados"],"Share ${ thisPage }":["Compartir ${ thisPage }"],"Thank you!":["¡Gracias!"],"this page":["esta página"]},"Tooltip":{"More information":["Más información"]},"tooltip_vpn":{"Access blocked content and browse privately. Includes ${ TOTAL_VPN_SERVERS }+ servers in ${ TOTAL_VPN_COUNTRIES }+ countries, highest VPN speed, ${ TOTAL_VPN_CONNECTIONS } VPN connections, worldwide streaming services, malware and ad-blocker, and more.":["Acceda a contenidos bloqueados y navegue de forma privada. Incluye más de ${ TOTAL_VPN_SERVERS } servidores en más de ${ TOTAL_VPN_COUNTRIES } países, la mayor velocidad VPN, ${ TOTAL_VPN_CONNECTIONS } conexiones VPN, servicios de transmisión en todo el mundo, bloqueador de malware y publicidad y mucho más."]},"wallet_signup_2024:Action":{"Get Proton Wallet":["Obtener Proton Wallet"]},"wallet_signup_2024:Homepage hero product link title":{"Wallet":["Wallet"]},"wallet_signup_2024:Homepage product navigation bar":{"Wallet":["Wallet"]},"wallet_signup_2024:menu item":{"Bitcoin guide":["Guía sobre Bitcoin"],"Proton Wallet news":["Novedades sobre Proton Wallet"],"Proton Wallet support":["Soporte para Proton Wallet"]},"wallet_signup_2024:Pricing":{"Includes everything in Proton Unlimited and":["Incluye todas las funciones en Proton Unlimited y"],"Limited availability":["Disponibilidad limitada"],"The easiest way to securely own, send, and receive Bitcoin":["La forma más fácil de retener, enviar y recibir Bitcoin con seguridad"]},"wallet_signup_2024:ProductRange":{"Discover Proton Wallet":["Descubra Proton Wallet"],"Store and transact Bitcoin privately with an encrypted self-custody wallet.":["Almacene Bitcoin y negocie de forma privada con una cartera de autocustodia cifrada."]},"wallet_signup_2024:wallet bitcoin":{"Learn about Bitcoin, the Internet's value network.":["Infórmese sobre Bitcoin, la red de valor de internet."]},"wallet_signup_2024:wallet overview":{"Ensure you're always in control of your Bitcoin.":["Asegúrese de tener siempre el control de su Bitcoin."]},"wallet_signup_2024:wallet security":{"The encrypted, open-source wallet that puts you in control.":["La cartera cifrada de código abierto que le permite controlarlo todo."]}}},"base":"blog","cdn":{"enabledForAssets":true,"enabledForImages":false,"url":"https://pmecdn.protonweb.com/"},"unleashApi":"https://account.proton.me/api"};
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Bitcoin is an innovative payment network that leverages peer-to-peer transactions to remove the need for a central bank. Bitcoin has revolutionized the core principles of value exchange by showing that a network of fully independent nodes can operate payments in a trustless and secure way.
This article explores the basic concepts of Bitcoin and answers some of the common questions people often have when learning about Bitcoin for the first time.
Bitcoin, often abbreviated as BTC, is a digital currency. (We use the lower-case bitcoin to refer to the currency and Bitcoin when referring to the network underpinning it.)
Unlike traditional currencies issued by governments, bitcoin exists as a global network of nodes, which are computers whose job is to check the validity of transactions sent by users and record them on a public ledger called blockchain.
The strength of Bitcoin is that anybody with a computer can run a node and take part in the protocol, thus checking that other nodes behave legitimately. This means no single entity controls it — neither governments nor banks nor large corporations.
Registering transactions on the blockchain is an irreversible operation. Nobody can tamper with the historical data to cheat, which makes the Bitcoin protocol very secure.
Is Bitcoin money?
To understand Bitcoin’s role as money, we need to consider its functions:
Medium of exchange: Bitcoin can be used to buy goods and services from a growing list of merchants and service providers. This includes everything from online retailers to local shops accepting bitcoin as a form of payment.
Store of value: Many see bitcoin as digital gold, holding value over time and providing a hedge against inflation. Despite its digital nature, creating new bitcoins is a lengthy and expensive process. Together with the fact that the total supply is limited by the protocol, this contributes to bitcoin’s value retention.
Unit of account: While less common, bitcoin is sometimes used to price goods and services, particularly in digital and tech-savvy markets. This means prices can be denominated in bitcoin instead of traditional currencies.
Who created Bitcoin?
Bitcoin was created by a pseudonymous person (or group of people) known as Satoshi Nakamoto. The concept of Bitcoin draws from earlier work by cryptographers like Wei Dai and the cypherpunks, a group advocating for the use of cryptography to enhance privacy and security in the digital age. Satoshi Nakamoto published the Bitcoin whitepaper in 2008 and launched the Bitcoin network in 2009. Since then, bitcoin’s price and adoption have grown significantly, attracting attention from both individual and institutional investors.
Who controls Bitcoin?
One of the most compelling aspects of Bitcoin is its decentralized nature. Unlike traditional currencies, bitcoin is not controlled by any central authority. Instead, it is based on an open-source protocol maintained and run by a global network of developers and contributors. This decentralized network ensures that Bitcoin remains open, secure, and free from central control.
The heart of the protocol is a consensus mechanism, an algorithm allowing the network of peers to decide on which transactions are valid and can be recorded on the blockchain. The whole process is transparent and verifiable, so that peers are disincentivized from acting maliciously.
Is Bitcoin anonymous?
A common misconception is that Bitcoin is entirely anonymous. In reality, while Bitcoin transactions do not contain personal information, they are recorded on a public ledger for everybody to check and track. This means that while identities are not directly linked to transactions, patterns can potentially be found through blockchain analysis.
For example, it is possible to check each and every transaction associated with a certain Bitcoin address. If that was ever associated with a person (for instance, because it was published online) the whole history of payments would be revealed.
Ongoing developments aim to enhance privacy and security further, with technologies like CoinJoin and the Lightning Network providing additional layers of privacy.
Is Bitcoin secure?
Bitcoin is designed to be secure. The underlying blockchain technology ensures that once a transaction is recorded, it cannot be altered or reversed. This immutability, combined with cryptographic security, makes Bitcoin transactions safe from fraud and manipulation. Additionally, Bitcoin’s decentralized nature reduces the risk of centralized points of failure, enhancing the overall security of the network. Since its creation, no major hacks to the protocol itself have been recorded.
This doesn’t mean Bitcoin is completely immune from any fraud or theft: Like any real-world system, its biggest weakness is individual users. The vast majority of stolen bitcoins can be traced back to poor security practices, from weak passwords to bugs in software used to store bitcoins.
Is Bitcoin legal?
In the vast majority of countries, Bitcoin is legal. However, regulatory environments vary. Some countries have embraced Bitcoin, recognizing it as a legitimate form of currency and investment, while others impose strict controls. For example, countries like the United States and Japan have established clear regulations for Bitcoin, whereas others like China have imposed bans on cryptocurrencies.
In general, Bitcoin transactions and holdings are subject to taxes, much like other financial assets, therefore it is advisable to understand the specific regulations in your Country.
How can you use Bitcoin?
Bitcoin’s uses are diverse and expanding. Major corporations like Wikimedia, Microsoft, AMC, AT&T, and Proton accept bitcoin as a payment method. Additionally, bitcoin is widely used for:
Investment: Many view bitcoin as a long-term investment, akin to digital gold, with the possibility of price appreciation.
Remittances: Bitcoin offers a fast and cost-effective way to send money across borders, reducing fees and transaction times compared to traditional remittance services.
Exchanges: Platforms allow users to buy and sell bitcoin or exchange it for other cryptocurrencies, facilitating entry and exit from the market.
Peer-to-peer transactions: Bitcoin enables direct transactions between individuals without intermediaries, promoting financial autonomy and reducing reliance on traditional banking systems. This might sound marginal, but this can be the only way to exchange (digital) money in countries where an authoritarian regime is in power and bank account freezes and seizures are ordinary.
The world Bitcoin is trying to build
At its core, Bitcoin aims to foster financial freedom. By providing a decentralized, secure, and open financial system, Bitcoin empowers individuals and businesses to conduct transactions freely and transparently. This vision aligns with broader goals of promoting financial inclusivity and autonomy in a digitized world. Bitcoin’s potential to offer a stable and accessible financial system is particularly significant in regions with underdeveloped banking infrastructure, unstable national currencies, or authoritarian control over financial institutions.
Bitcoin represents a groundbreaking shift in the way we think about and use money. From its decentralized pseudonymous nature to its growing acceptance and use cases, Bitcoin continues to strive for financial innovation. Whether as a medium of exchange, a store of value, or an investment vehicle, Bitcoin is likely to play a significant role in the future of global finance.
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