Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Still can’t make up your mind about Christmas gifts? Don’t worry, Jack Dorsey’s company has an alternative for you.
Now users ofCash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. Appthe mobile payment service developed by the companyBlock a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain.you will be able to giveBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. directly from the application.
Block (formerlySquare), Jack Dorsey’s digital payments company, announced this week the rollout of a new feature for its appCash that allows users to send both cryptocurrencies and stock market an area or arena, online or offline, in which commercial dealings are conducted. shares as gifts during the festive season.
The official Twitter account an account is essentially a whose purpose is to track the financial activities of a specific asset/ ofCash App announced the new capacity on Tuesday. According to thetweetNow, the application’s approximately 40 million active users will be able to send from one dollar inBitcoin or shares in the same way they send cash. In addition, they do not need to previously own cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. or shares in their account to do so.
With the Cash app, you can now send as little as [USD]$1 in stock or bitcoins. It’s as easy as sending cash, and you don’t need to have stocks or bitcoins to give it as a gift. So this holiday season, forget the scented candles or novelty beach towel and help your cousin start investing.
With Cash App, you can now send as little as $1 in stock or bitcoin. It’s as easy as sending cash, and you don’t need to own stock or bitcoin to gift it. So this holiday season, forget the scented candles or novelty beach towel, and help your cousin start investing. pic.twitter.com/HS0CqusiLS
— Cash App (@CashApp) December 14, 2021
The new feature, which comes out just a few weeks before Christmas, allows users to gift BTC and a wide variety of stocks on the exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. includingTesla,Apple,Amazon,Metaamong others. Users can send the gifts from their dollar funds or pay for them with a debit card, as reported byCNBC.
Además, los receptores del obsequio tienen la opción de elegir la forma de su regalo, ya que pueden optar por tomar los fondos en efectivo, en vez de las criptomonedas o las acciones. El servicio solo está disponible entre usuarios de la aplicación.
Give Bitcoin as a Christmas gift
The latest functionality for sending digital money gifts puts theCash App with companies such asCoinbase is an American company that operates a cryptocurrency exchange platform. yPayPal which already allow their customers to send digital currencies as a form of payment or as gifts to third parties on the respective platforms.
Although it is worth noting that there are other methods available to give cryptocurrencies that do not require an account on an exchange platform. For example, one way can be through a paper wallet a place where cryptocurrency users can store, send and receive digital assets. or through a hardware wallet, such asTrezor oLedger a record of financial transactions that cannot be changed, only appended with new transactions.for those who wish to do it in a more elegant way. There are also services that specialize in this type of gifts, an example is Bit4coin a platform a place to buy, sell and store cryptocurrency to give as a giftgift cards deBitcoin.
Meanwhile, a recent study conducted by the cryptocurrency firmBlockFiand reviewed byCointelegraphrevealed that One in 10 Americans would be willing to give or receive digital digital technologies are these electronic tools that have the ability to generate, store or even process data. assets as gifts this holiday season. . Of that group, 75% said they would give awayBitcoinwhile other less popular choices wereDogecoin yEthereum a decentralized open-source blockchain with smart contracts functionality..
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Article by Hannah Estefania Perez / DiarioBitcoin
Image from Unsplash edited in Canva