What is Bitcoin ?

By definition, apart from being the world's first digital asset, bitcoin is a digital asset that is not regulated by any country or institution and can be sent anywhere via the internet.This digital asset is similar to gold, but is only available in the digital world.The concept may sound like eGold, but it's actually quite different.

Then, who is the creator of bitcoin? 

Until now there is no definite information who is actually the creator or inventor of Bitcoin.However, Bitcoin was developed by a person or group of people under the pseudonym “Satoshi Nakamoto”.Well, it's also unknown whether Satoshi Nakamoto is an individual or a group.To be sure, they released a journal explaining the Bitcoin cryptographic algorithm.And in 2009, for the first time they introduced the Bitcoin network system and digital assets.  

What are the advantages of this digital asset compared to conventional currencies?

The most prominent advantage is that it can be sent anywhere, anytime and anywhere in seconds without having to go through a bank or sending institution.All it takes is a smartphone and an internet connection.Bitcoin can also be transferred instantaneously in a peer-to-peer manner, which means that bitcoins can run without a central server.The storage server is decentralized and distributed which is divided into various servers that are run by each user connected to the network.In addition, bitcoin can be transferred anywhere. 

Then you may ask, if it can be sent anywhere, so where are these bitcoins stored?Well, bitcoin is usually stored in a digital wallet called a bitcoin wallet.This swallow must be installed on both parties, it can be a PC/laptop, tablet or smartphone.After installing swallow, you will get a bitcoin address.So to send bitcoins is very easy.Just open the swallow application, enter the bitcoin address of the transaction opponent and the amount of bitcoin you want to transfer, then send!

Then, why should we use bitcoin?

In my opinion, Bitcoin can make transactions easier.For example, if you want to send money from Indonesia abroad, it needs to go through several stages before it reaches the recipient's hands.Meanwhile, by using Bitcoin, it is enough to determine the amount and destination of the recipient, you can directly send Bitcoin anywhere. 

In addition, with Bitcoin remittances become flexible, because you can also make transfers with a very small nominal.The fundraising that is being carried out on the Wikileaks website can be used as an example.There are donors who only donate 0.0003 BTC or the equivalent of 30 thousand rupiah.