Bitcoin emerged in 2008, in response to the global financial crisis, highlighting the flaws of centralized financial systems and the risk of currency devaluation by central banks. Designed as a decentralized digital currency, Bitcoin aims to facilitate secure transactions without intermediaries, reducing costs and delays. Its limited quantity of 21 million units prevents inflation, unlike fiat currencies, and promotes a stable store of value, offering an alternative to inflationary monetary policies.

Bitcoin serves both as a digital currency and a store of value. As a currency, it enables fast, secure, and borderless transactions, significantly reducing costs and delays compared to traditional payment systems. Bitcoin offers an alternative to fiat currencies, especially useful in countries with monetary restrictions or high inflation. As a store of value, it is compared to digital gold, providing protection against inflation due to its limited maximum quantity. It also attracts investors looking to diversify their portfolio.

Yes, it is possible to buy fractions of Bitcoin. Bitcoin can be divided up to the eighth decimal place, with the smallest unit called a "Satoshi" (0.00000001 BTC). This makes Bitcoin highly divisible, allowing users to purchase small amounts of Bitcoin according to their budget. This feature makes investing in Bitcoin accessible to a wide range of investors, regardless of their investment capital.

You can buy and sell Bitcoin from as little as €1 with the Bitstack app, available for free on the App Store and Google Play. Bitstack is a French company registered with the Autorité des marchés financiers (AMF) that allows for simple and secure Bitcoin savings. With Bitstack, you truly own your bitcoin. You can transfer them to an external wallet at any time to secure them yourself or sell them instantly in the app. It couldn’t be simpler.

The price of Bitcoin is determined by supply and demand on cryptocurrency exchange markets, similar to traditional stock markets. When more people want to buy Bitcoin than sell it, the price increases. Conversely, if more people want to sell Bitcoin than there are buyers, the price decreases. This mechanism is influenced by various factors, such as news, regulatory changes, global financial market fluctuations, and the general perception of Bitcoin's value as a store of value or means of exchange.

In Europe, Bitcoin is considered legal, regulated by laws aimed at preventing money laundering and protecting consumers. European Union countries follow a common guideline to regulate cryptocurrencies, facilitating their use for payments and investments while monitoring exchange platforms.

Outside of Europe, the situation varies significantly from one country to another. Some countries have fully embraced Bitcoin, recognizing its utility as a means of payment or as an investment, while others have imposed restrictions.

Bitcoin's environmental impact is often debated, but it is important to note that Bitcoin drives innovation towards greener energy solutions. The network encourages the use of renewable energies for mining, thanks to miners' constant search to minimize their energy costs. Moreover, Bitcoin supports the circular economy by valorizing surplus renewable energy and transforming the heat generated by mining into useful heating. Thus, contrary to the image of an ecological disaster, Bitcoin pushes for a more efficient and sustainable use of energy.

Bitcoin distinguishes itself from other cryptocurrencies, often called altcoins, by several fundamental characteristics. Firstly, its architecture is unique in that it is inherently distributed, without a leader or central authority, embodying monetary genius with a design aimed at fairness and uncensorable transactions. Unlike altcoins, which are essentially variations of Bitcoin with specific modifications, Bitcoin benefits from a robust history, an uninterrupted network since 2009, and an irreplaceable network effect. Any attempt to copy or modify fails to match Bitcoin's originality and impact, which would evolve anyway to incorporate any relevant innovation. Moreover, Bitcoin is based on principles of global distribution and openness, unlike altcoins which, despite their promises, often rely on centralized structures or fail to offer real technical utility beyond marketing and unfulfilled promises.

Saving in Bitcoin is attractive due to its promise of decentralization, programmed scarcity, and growth potential, offering an alternative to traditional financial systems. The Dollar Cost Averaging (DCA) strategy is particularly favored for mitigating Bitcoin's volatility: by regularly investing fixed amounts, one can smooth the average cost of purchase over the long term, turning market fluctuations into opportunities rather than risks. Adopting this method is a cautious approach, aiming to gradually accumulate Bitcoin with a long-term vision, while minimizing the impact of price variations on the overall investment.

Download Bitstack on the App Store and Google Play to start saving in Bitcoin effortlessly.