Position: Home page » Bitcoin » Master Changbai talks about bitcoin

Master Changbai talks about bitcoin

Publish: 2021-05-05 06:22:46
1. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. By 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation

response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
2. No, there are several reasons why bitcoin was stolen
1. A stolen bitcoin can't be retrieved, and if it's lost, it's lost.
2. Bitcoin has transaction records, but the address is hidden, and you can't find an indivial.
3. Every bitcoin has a key, and only if you have this key can you be admitted to own bitcoin. However, if bitcoin is stolen or lost, your bitcoin will disappear completely
therefore, the theft of bitcoin does not belong to cracking, it may be e to internal personnel.
3.

With the change of global economic situation, digital currency is becoming a new currency. More and more people know that it is very easy for a bitcoin to be worth hundreds of thousands. For those with investment vision, there were not many people who owned a lot of bitcoin and became rich in the early days. Some, however, do the opposite. Although others continue to hold bitcoin, they will cash out 100000 bitcoins in advance to make a lot of money, and then they will soon stop participating in related transactions. How is he now

according to the Internet, Li Xiaolai, a former entrepreneur and English teacher, claims to be "China's richest man in money". He has a keen sense of Internet celebrity status hype and use, and he has become a lot of leek life tutor in the world of virtual currency. People finally find out, however, in fact, he is the last man to cut chives

"leek cultivation"

for investors, it is very important to understand the nature of bitcoin and other virtual currencies. Because there is no authoritative bank at the national level as guarantee, the value of bitcoin is actually a kind of existence controlled by some capital and companies. It has become a common practice for many capitals to use their own identity and status to advocate bitcoin and realize it quickly after people buy a lot of bitcoin

in order to make money, many people will use this kind of tuyere to try to speculate, but in the vast majority of cases, in the case of lack of information, ordinary people can not tell whether because of their own existence value, the investment behind may be because of the capital to promote investment opportunities

as an Internet celebrity, he claims to be "the richest man of bitcoin". In China, Li Xiaolai shows the secrets behind the capital circle of most people, which is also a disguised reminder that investors are always the capital in the eyes of leeks. As the highest level of leek, rationality and prudence are necessary

4. You can sell usdt on huoyuan.com, and if someone buys it, you can transfer RMB directly to your account.
5. 800 words? Is it a middle school article? It is suggested to read currency war. Money and banking is a small dictionary, which can only make people who don't know money hate finance.

it is relatively easy to mine bitcoin in its early stage, and sometimes it makes people feel unfair. In fact, the difference between sovereign currency and bitcoin is that the difficulty of issuing sovereign currency is the same, while bitcoin is only easy at the beginning. The sovereignty of sovereign currency to guarantee credit has a "shelf life", while the shelf life of BTC = Internet. It's much simpler to look at the following equations

sovereign currency issuers = central banks; Bitcoin issuers = founders and early absenteeism create 50% of bitcoin in the current total

sovereign currency, the difficulty of issuing currency = almost always equal to a piece of paper; The difficulty of issuing bitcoin is the sum of mining machine price (loss coefficient) + time + energy consumption and so on, and it is increasing continuously, and the future is approaching infinity (PS National Mint is almost zero cost plant and machinery and equipment)

the value of sovereign currency itself = sovereign credit guarantee, and the shelf life is limited (man ruled system); The value of bitcoin itself = a value system, the shelf life is equal to? The existence of the network, its credit is not issued by a certain government or a certain Dynasty, its credit is issued to you by every user in the system (system of physical governance)
(the monetary inflation in Zimbabwe mentioned in PS program is a very vivid example)

the Central Bank of sovereign currency controls more than 80% of the currency entering the circulation link; How does the sense of unfairness of

bitcoin come into being
1. Different issuers, the state or the central bank controls you in the sovereign monetary system, no matter how much wealth you are deprived of, because you are a vulnerable group. According to a series of factors such as herd mentality, you never dare to think that this is abnormal. The "issuers" of bitcoin (let's call them issuers here) can only exchange the initial wealth at one time. They are just early practitioners and can't control the system. These people do not have the same power as a sovereign state, so they think they should not be so "cool"? At the same time, I think this is the game currency. What are you doing
2. People who don't understand the whole system (usually onlookers, because they don't hold it, they don't really care about money and seriously understand bitcoin), we call them target groups, for example,
there is a phenomenon in Psychology: A, one day, you and a bully (or someone you think is very strong), a person with the same status as you, At the same time, I found that there was a huge amount of money of 1 million on the ground, and the bully (or you think it's very strong) picked it up first, so you and the person of the same status would not have any resistance; However, if you or someone with the same status as you pick it up, the other party will have a very unbalanced psychology and will want to solve it by force, while the bully will decide whether to intervene or not according to whether the incident affects his fundamental interests. B. It's the same thing above. If a bully picks up a million dollars every day, you two people of equal status will not cry. If you and people of equal status pick up the million dollars (only once), one party will hate the other. Above a, B hypothesis can continue to write for a long time, this is human nature, will exist for a long period of history
3. In this era, people's overall consciousness has not been advanced. Most people still only believe in hegemony. They worship the strong in different fields and trust the currency of the hegemonic system more. This will not change for a long period of time. This is connected with the political and governance system. In fact, the financial progress and even political progress involved in bitcoin are too advanced to be seen clearly at present, which is also caused by the limitation of human understanding. So many people who only engage in finance do not understand the Internet and bitcoin. Those who understand the Internet and are not familiar with finance can not persuade those who engage in finance, but those who do not understand politics or systems can not fully understand it. Among the governance systems of Europe and the United States, Germany's political system is the closest to "system governance", which is closely related to why Germany first recognized the currency status of bitcoin...

if the initial or centralized holders of bitcoin do not abandon bitcoin, what will they do? How to make it a universal currency
1. The popularity of bitcoin has many dimensions. From a small number of huge holders to the public holders is a dimension. Bitcoin is widely accepted in different countries, cultures, regions and consumption fields. There are also multiple dimensions. These dilution processes are also related to the prosperity and time of the world's major sovereign currencies. It's a huge chemical reaction and it's irreversible. A large number of supporters are only one-time issuers. This dilution is irreversible, so there is no need to worry about it
2. Worry that bitcoin will be replaced by later powerful electronic currency? That's for sure, and the worry is too far ahead of time. It's faster than the speed of light. There is no permanent form of money, which can be seen from the development of money, and with the weakening of the concept of guaijia, the sovereign currency Hui withdrew from the stage of history. The era of more powerful e-money may intersect with bitcoin, maybe after the heyday of bitcoin, but it is unlikely to appear before the heyday of bitcoin. If there is such a situation, it must be driven by a strong external force. It's unlikely that
6. It's too late for you to dig bitcoin now. Now it's time to fill the hole and leave a way for yourself
7. It may be that people prefer to talk about such an item that has appreciated so fast.
8. < blockquote > many people may have predicted that bitcoin will grow in the future, but no one can know how much it will grow. Many people want to know the logic of bitcoin's increase. In fact, it's very simple. Bitcoin is like gold and will not be inflationary After 10 years of development, bitcoin technology has not yet made a substantial breakthrough. Its performance, such as slow transaction processing speed and poor scalability, has not been effectively improved. Although some people have proposed innovative lightning networks to pay small fees, first of all, the current progress is not satisfactory, and the nodes of lightning networks themselves tend to be centralized

according to the above logic, if bitcoin abandons the road of becoming the world currency and payment currency, it means that it will not challenge the government's bottom line (such as currency issuance right) and will not affect the country's financial security. With the more mature and stable implementation of bitcoin foundation, the positioning of digital gold has been recognized by more and more people, Then the government may take the initiative to allocate bitcoin. Just as the government allocates a certain amount of gold, this is undoubtedly a huge benefit compared with the special currency

9. 186 is China Unicom's 3G service mobile phone number segment
132 is the GSM mobile phone number segment of China Unicom
the full name of GSM is: global mobile communication system in Chinese, commonly known as & quot; Global communication;, The digital mobile phone network standard developed by Europe aims to make all parts of the world use one mobile phone network standard, so that users can travel all over the world with one mobile phone. GSM system includes GSM 900:900mhz, gsm1800:1800mhz, gsm-1900 and 1900MHz
3G service mobile phone: compared with the first generation analog mobile phone (1g) and the second generation GSM, TDMA and other digital mobile phones (2G), the third generation mobile phone generally refers to the new generation mobile communication system that combines wireless communication with Internet and other multimedia communication. It can process images, music, video and other media forms, and provide a variety of information services including web browsing, teleconference, e-commerce and so on. In order to provide this service, the wireless network must be able to support different data transmission speeds, that is, at least 2Mbps (Mbps), 384kbps (kbps) and 144kbps in indoor, outdoor and driving environments respectively. The powerful function is based on the extremely high data transmission speed of 3G mobile phone. The transmission speed of GSM mobile communication network is 9.6kb/s, while the data transmission speed of the third generation mobile phone will be as high as 2Mb / s
reference materials:
GSM mobile phone: http://ke..com/link?url=_ V39eybmz17fw8ibwhq
3G service mobile phone: http://ke..com/link?url=-J0ybj5os_ aDpVptpcfWEQl8HX7tc7A--hmcaNAc_ AF5gt9K0s5HqXq
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750