Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. It was invented and implemented by the presumed pseudonymous Satoshi Nakamoto, who integrated many existing ideas from the cypherpunk community. Over the course of bitcoin’s history, it has undergone rapid growth to become a significant currency both on- and offline. From the mid 2010s, some businesses began accepting bitcoin in addition to traditional currencies.

There are two aspects to the question “What is Bitcoin?” that are connected but distinct: first, what Bitcoin actually is, and second, what Bitcoin can do. Additionally, is what people often means when they ask the question is “ How does Bitcoin work?”

Simply put; Bitcoin is a new form of currency- like the familiar euro or dollar – and it is the equivalent of cash. Any person can digitally “ hand” someone a bitcoin, multiple bitcoins, or a fraction of bitcoin, across the world or in the same room. Like handling some cash, and unlike older digital financial systems, the money doesn’t have to go through an intermediary like a bank or another company. The advantages of using Bitcoin are what gives it its values primarily as a utility and secondary as security that can appreciate in value while being an alternative medium of exchange as opposed to traditional fiat or foregin currency. We, at Allegiant minimize that speculative risk by utilizing option strategies and margin advances. Think of an institution lending you the money to buy into the appreciation of its value with a very reasonable payback schedule. We will go more in depth at our approach for our investors throughout the site, however, it is important to learn the dynamics first of Bitcoin, the leading cryptocurrency, a decentralized digital currency meaning it is not governed by banking, institutions, regulatory bodies or governments. later we will address Digital Currency Electronic Payment, the antithesis of Cryptocurrency because it is a form of digital currency which is centralized, controlled by governments and banking. Bitcoin is also a distributed ledger, i.e., a record of every transaction and every Bitcoin wallet’s balance ( You can think of a wallet akin to an account for now). This ledger is also called a blockchain. Every wallet, rather than being stored in a bank’s database, exists on this ledger; each wallet has its own private key and public key. The public key is also called the Bitcoin address. It is between 25 and 3 alphanumeric characters and begins with either a 1 or a 3. This address can be shown to the public and will allow anyone to send you bitcoins.  Like an email address, Bitcoin wallets can be created instantaneously and disposed of just as quickly. The private key will look something like  5jjqKVLu29gfafXvCjva9zBtVapjrE8qNerXWt9RTAv4ebbDX4E and needs to be protected at all cost. In Bitcoin the private key is the entirety of the law, it is the rationale for a trusted decentralized network to exchange units of monetary value through a ledger not controlled by banks, governments, or institutions and the phenomenal growth of this blockchain technology has only and will only continue to appreciate in value immensely because of  COVID-19. With that said, governments, banks, regulatory bodies, and institutions have created a centralized currency to somehow try to compete with its global adoption by creating a centralized alternative called Digital Currency Electronic Payment. It is important to realize the catalytic drivers of perpetual growth in Bitcoin as the leading cryptocurrency by realizing the wheels driven by this global movement shifting to a paperless or non cash transaction  environment being fueled by drivers motivated by their own agendas motivated by altruistic plutocracy. This is what is the most important concept to understand in investing in Allegiant right now at this moment. Once, you understand that right now at this moment is THE time to invest in Cryptocurrency because of the drivers behind the movement, then you are ready to proceed and read the site and understand fundamentals before you invest with us.