Where do individuals buy bitcoin

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" ~
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2. 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

warm tips: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, 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
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: January 18, 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

3. Bitcoin trading must be more secure on large platforms. The 3-year veteran of the coin circle can be trusted by okex. Those small platforms are really boring. Don't go there. There is no security guarantee.

5. Well, bitcoin can't be packed in a box. Bitcoin is a virtual currency. The evidence for its existence should be a series of bitcoin addresses, that is, the private key, and the platform account password. Otherwise, they are all bullshit.

6. Brief introction: Hubei Institute of technology is a provincial undergraate university, which focuses on engineering, combines engineering with science, and harmonizes the development of engineering, science, economics, management, medicine, literature, ecation, arts and other disciplines. The school is located in Huangshi City, Hubei Province, one of the birthplaces of Chinese bronze culture. The transportation is very convenient. It is 50km away from Wuhan city. Wuhan Jiulong Railway runs through the city. Daguang, Huyu, Fuyin and hangrui expressways meet in the urban area, adjacent to the two main arteries of Beijing Guangzhou and Beijing Jiulong. The school is close to mountains and rivers, the campus layout is reasonable, and the environment is beautiful. In 2010, it passed the undergraate teaching qualification assessment of the Ministry of ecation. Since its establishment in 1975, the university has gone through the stages of inheritance and evolution, including Huangshi higher engineering class of Hubei higher ecation institutions, Huangshi branch of Wuhan Institute of Technology (now Wuhan University of Technology), Huangshi college, Huangshi Institute of technology established in 2004, and renamed Hubei Institute of technology in 2011. The school has 19 teaching colleges (departments), with more than 20000 full-time students and more than 8000 correspondence students. The campus covers an area of 2189 mu, with a building area of 545000 square meters, teaching and scientific research equipment worth 137.58 million yuan, 50 laboratories, 1.06 million books and 18 electronic resource databases (including more than 2 million kinds of electronic books). At present, there are 969 full-time teachers, including 89 with senior professional titles and 323 with deputy senior professional titles; There are 152 doctors and 465 masters; There are 43 part-time doctoral and master tutors. Among the on-the-job teachers, there are 2 candidates for the "Hundred Talents Program" in Hubei Province, 6 middle-aged and young experts with outstanding contributions in Hubei Province, 5 high-level talents in the new century in Hubei Province, 12 experts enjoying subsidies from the State Council and the provincial government, 7 lecture professors, keynote professors and Chutian students of the "Chutian scholar program" in Hubei Province, 5 experts with outstanding contributions in Huangshi City, and 12 candidates for the "Dongchu scholar program". The university has employed two academicians and more than 30 influential scholars as part-time professors from famous universities at home and abroad. The school has a complete range of disciplines, forming a multi-disciplinary coordinated development, cross penetration, and reasonable structure of the discipline system. Environmental Science and engineering, mechanical engineering, art theory and pharmacy are the key disciplines of Hubei Province ring the 12th Five Year Plan period, among which environmental science and engineering is the provincial key characteristic discipline. It has 47 undergraate majors, among which environmental engineering is the national characteristic major and the undergraate comprehensive reform pilot major, civil engineering, water supply and drainage science and engineering are the undergraate comprehensive reform pilot majors in Hubei Province, and clothing and clothing design, chemical engineering and technology are the undergraate programs of strategic emerging (pillar) instry talent training plan in Hubei Province. There are seven provincial excellent courses, five provincial experimental teaching demonstration centers (including one provincial key experimental teaching demonstration center), three provincial practice and training bases, and one provincial virtual simulation experimental teaching center. There are 1 provincial Collaborative Innovation Center, 2 provincial key laboratories, 2 key research bases of Humanities and Social Sciences in Colleges and universities of Hubei Province, 2 provincial engineering laboratories, 2 provincial proctivity promotion centers, 5 provincial outstanding young and middle-aged scientific and technological innovation teams, 1 provincial common technology promotion center for small and medium-sized enterprises, and 1 provincial environmental monitoring talent training base, 1 Provincial Intellectual Property training base. There are 1 national practical ecation base for college students, 1 innovative activity base for college students in Hubei Province, and 1 provincial service outsourcing talent training (training) base. It has 17 research institutes and 18 R & D centers with enterprises. It has undertaken more than 20 national level scientific research projects and more than 150 provincial and ministerial level projects. The school insists on seeking new support in serving the local areas and seeking new development in contributing to the local areas. It takes serving the local areas, contributing to the local areas and promoting the local economic and social development as its service orientation. Every year, the school enterprise and school local cooperation projects reach more than 130, and the cooperation project funds are nearly 20 million yuan. Taking talent cultivation as the fundamental task and talent quality as the lifeline, the University adheres to the principle of "facing the local, grassroots and enterprises", carries out in-depth ecation and teaching research, and explores a new mode of talent cultivation. Over the past decades, the school has been widely praised by employers and Society for its solid professional foundation, strong practical ability, good comprehensive quality, innovative spirit and strong social adaptability. Students have won many awards in national mathematical modeling, electronic design, mechanical innovation design, calligraphy, painting, Putonghua and English competitions, and won many honors such as "China Youth May 4th Medal" and "national women model". The graate entrance examination rate has been rising year after year, and the employment of graates has been rated as the advanced collective of Hubei Province for many times. The University attaches great importance to foreign exchange and cooperation, and has established stable academic exchange and cooperation relations with more than 20 universities and research institutions in Canada, the United States, France, New Zealand, Australia, South Korea, Hong Kong and other countries and regions. The school employs foreign experts and teachers to teach at school all the year round, and selects teachers to go abroad for further study. The number of students studying abroad is increasing. The school is a spiritual civilization unit in Hubei Province, an advanced university for Party Construction at the grass-roots level in Hubei Province, a safe campus in Hubei Province, an urban garden type unit in Hubei Province, an advanced collective funded by students in Hubei Province and an advanced unit for fire protection. It has won many honors such as the advanced Party committee central group and the advanced unit for propaganda and ideological work. The University adheres to the party's ecation policy, people-oriented, follows the law of higher ecation, adheres to the principle of quality, talent, characteristics, reputation and beauty, takes teaching as the center, scientific research as the guidance and support, reform and innovation as the driving force, serves the local economic and social development as the purpose, and follows the principle of "open school, rule-based, ecation oriented, characteristic development", In order to build the university into a high-level Local Application-oriented University, all teachers, students and staff adhere to the school motto of "moral, material, practical and practical", carry forward the science and engineering spirit of "hard work, self-improvement, dare to be the first, open and innovative".

7.

Ordinary people can't buy bitcoin because China has banned it completely

on September 4, 2017, the central bank, together with many ministries and commissions, issued the announcement on preventing the risks of token issuance and financing (hereinafter referred to as the announcement), which pointed out that no organization or indivial may illegally engage in token issuance and financing activities

according to the announcement, all kinds of token issuance and financing activities should be stopped immediately from the date of release. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

on September 13, 2017, the China Internet Finance Association issued the "tips on preventing the risks of bitcoin and other so-called" virtual currency ", pointing out that bitcoin trading platform is a tool for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal criminal activities e to the expanding number of stakeholders and strong speculative atmosphere; There is no legal basis for the establishment of various so-called "currency" trading platforms in China

extended information:

bitcoin itself lacks precious metal support and has no value preservation. Moreover, it is virtual and lacks physical existence. If the trust of the issuer goes bankrupt or is stopped, bitcoin will be worthless

the worry is not just about asset security. Due to the "fast money", a large number of "hot money" may flow in. If the regulatory and control measures fail to keep up, the risk will eventually need to be paid at a high cost, and even lead to financial turmoil

What's more terrible is that when bitcoin becomes a pure "money transfer" tool, its original characteristics of financial innovation will graally disappear, on the contrary, it will become a "gold hole", thus squeezing investment in the real economy, which is obviously contrary to the principle of financial innovation to serve the real economy