Bitcoin (BTC)
Bitcoin refers to a peer-to-peer and decentralized payment system. It operates on a crypto asset also called Bitcoin, abbreviated as BTC. It is the most well-known cryptocurrency and has the largest market capitalization.
The key features of Bitcoin
Decentralisation is one of the fundamental pillars of Bitcoin, giving the network greater resilience and autonomy.
Bitcoin manifests itself through its public blockchain, allowing anyone to examine and verify transactions in real time.
Due to its longevity, growing adoption by financial institutions and investors, and status as the world’s first crypto-asset
The pros and cons of Bitcoin
Pros of Bitcoin
- The Bitcoin network has been built to ensure that transactions are highly secure, due to its decentralised nature. Its security is based on a network of miners located around the world, who maintain the integrity of transactions and verify them.
- The maximum quantity of BTC that will be circulated is 21 million, a mechanism designed to prevent inflation.
- Every Bitcoin transaction can be viewed, and once recorded on the network it becomes sealed. It is therefore impossible to modify transactions.
- There are no limits on sending or receiving funds, so you can send large sums with very low transaction costs.
Cons of Bitcoin
- The machines involved in maintaining the Bitcoin network consume energy.
- The price of Bitcoin is much more volatile than that of traditional assets. It is not uncommon for it to fluctuate by more than 10% in a single day, which makes it riskier than other assets, even though such movements can represent an investment opportunity.
Why be interested in Bitcoin?
The first digital asset
Bitcoin is not only the first decentralised crypto-asset, but also the pioneer that introduced the idea of a ‘digital currency’ independent of any central bank or regulatory authority. Its foundation is based on the principles of transparency, financial autonomy and accessibility, giving users complete control over their transactions without intermediaries. Using the blockchain, Bitcoin ensures that every transaction is recorded securely and unalterably, guaranteeing the integrity and reliability of the system.
Bitcoin, the benchmark crypto-asset
Bitcoin can be used for online transactions or stored. Its inherent scarcity makes it an attractive digital asset for many investors and users. With its growing global adoption, Bitcoin is attracting considerable interest in the financial and technology communities. In particular, Blackrock has launched its first bitcoin-linked ETF. This provides a regulated and accessible gateway to the crypto-asset market for its investors.
Bitcoin (BTC) price trend
Bitcoin has been highly volatile since its creation. Nevertheless, it is a digital asset that is attracting a great deal of interest due to its growing popularity worldwide. Â
Because of its pioneering status and importance within the cryptocurrency ecosystem, this digital asset is seen on the market as an attractive investment.Â
Key facts about Bitcoin
abbreviation for Bitcoin, the crypto-asset of the Bitcoin blockchain
date of creation of Bitcoin
maximum quantity of Bitcoin that will be put into circulation
Discovering other crypto-assets
Discover the fundamentals of key crypto-assets with our simplified content, designed to clarify and make accessible concepts that can be complex.
Ethereum
Ethereum is a decentralized application platform powered by blockchain technology.
Tezos
Tezos is a platform where it is possible to create applications powered by blockchain technology.
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Investing in digital assets involves risks and is not suitable for all investors.
Investors should inform themselves about the risks associated with the various digital assets. In particular, it is emphasised that digital assets can be highly volatile and that investments in digital assets present a risk of capital loss. In this respect, investors are reminded that past performance of digital assets, which may be indicated on the Banque Delubac & Cie website or in documents made available to investors, is not representative of future performance. In addition, investors should inform themselves about the technologies related to each digital asset and their risks, like flaws, defects, piracy, errors, protocol failures or attacks thereon. Banque Delubac & Cie cannot be held responsible for any misunderstanding of the risks associated with digital assets or for any losses that the investor may incur in the event of an error in the address of the portfolio attributable to the investor.
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