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Bitcoin will be the most widely used currency in the world

Publish: 2021-05-03 23:23:03
1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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2.

According to analysts at Goldman Sachs, bitcoin can become a legal and widespread form of currency, but it is mainly possible in theory

Analysts believe that the reality is that cryptocurrency still has a very high threshold in most places. First, the government cannot track who is buying or selling bitcoin. And as we all know, the price of cryptocurrency is very vulnerable to large fluctuations. This volatility is very rare in legal tender, so bitcoin is not suitable to be a reserve currency

3.

Bitcoin is a fixed amount of digital currency issued without the participation of the central bank. Bitcoin is built on the global P2P network, and countless P2P nodes all over the world are maintaining bitcoin's network 24 hours a day

bitcoin will become the world currency

the reasons are as follows:

  1. Germany has recognized bitcoin as currency

  2. the U.S. Court has also recognized bitcoin as currency

  3. the answer on the first floor obviously does not understand the essence of currency. Today's currency is credit currency (what is credit currency? You can network), and credit currency is supported by credit, not gold. The gold standard collapsed after Bretton Woods. At present, the mainstream world currency is not backed by gold

  4. bitcoin is a kind of credit currency, which is based on people's trust in bitcoin algorithm. The credit of real bitcoin is based on the P2P system mechanism of bitcoin

  5. from shells used in ancient times to gold and silver, to paper money used now, to digital currency (the money on the bank card can be understood as digital currency), and then to bitcoin. This is clearly the evolution of money

    to sum up, bitcoin is the future currency and the future world currency

    Thank you


4. Bitcoin has no center. The questioner should not know much about bitcoin. Bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system

if there is a bitcoin center, it is big bitcoin enterprises, such as trading platforms and bitcoin wallet suppliers. I suggest you go to bitcoin home to make up for it.
5. 50 million RMB.
6. Let's put aside bitcoin and talk about the conditions for becoming a world currency:
1: convertibility
2: relative stability of value:
3: universal acceptance

in my opinion, there are no three bitcoins, so becoming a world currency is empty talk
7.

Over the past eight years since its birth on January 3, 2009, bitcoin has grown from an anonymous geek toy to a hot news topic, and its price has also increased by millions of times

bitcoin was born out of the article bitcoin: a peer-to-peer e-cash system written by Nakamoto, which confirms that bitcoin is an e-cash, that is, a new form of currency. However, over the past eight years, whether the bitcoin is a currency or not is full of controversy. Experts from all sides have different opinions, and the attitudes of governments vary greatly

Similarly, bitcoin has no use value like legal currency, and the guarantee of its credit and exchange value is the impeccable cryptography algorithm and public issuance mechanism

bitcoin has been attacked by hackers for more than eight years, but it has never been broken, and its security and reliability have been fully verified. In history, hackers such as Mt. GOx steal bitcoin because of the internal mismanagement of bitcoin exchange, the lack of system security and even self-monitoring. In addition, the natural scarcity formed by the 21 million issue limit of bitcoin is comparable to or even surpasses gold and silver, so it is more trustworthy than most legal currencies< br />

8. Bitcoin will not be the best currency, or even it is not a currency. What kind of currency is a thing with a cap on the total amount of money can not meet the financial needs of the society.
9. If bitcoin becomes the currency in circulation in the future, it will only implement the function of commodity exchange. If we rely on his expansionary monetary policy to lower interest rates and stimulate consumption and investment, we may achieve GDP income
let's see what others say.
10. No, virtual currency has value just because it is virtual
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