Taobao bitcoin payment

1. bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. 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 suggested 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
the above information does not constitute any investment proposal, and investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any trading operation
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 the monetary attributes of 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

response time: January 20, 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. Taobao announced last night that it would ban the sale of bitcoin, bitcoin mining machines and mining tutorials from January 14
according to the announcement, the commodities banned by Taobao include:
- bitcoin, Leyte coin, bio coin, quark coin, infinite coin, cocoa coin, pennies, ppcoin, namecoin and other virtual coins
- bitcoin mining tutorial and other virtual currency tutorials and strategies
- bitcoin mining machine and other hardware and software used to obtain relevant virtual coins
in the announcement, Taobao stated that businesses should abide by relevant laws and regulations such as the notice on preventing bitcoin risks issued by the central bank, MIIT, CBRC, CIRC and CSRC, and pointed out that "the central bank explicitly requires third-party payment institutions to close trading channels such as bitcoin and lightcoin"
up to now, a large number of results can still be returned from the search of "bitcoin" on Taobao, mainly for mining machinery course, and the price is generally less than 1 yuan.

3. Hubei Jingrui Machinery Equipment Co., Ltd. specializes in R & D, manufacturing and sales of various series of vibration motors, explosion-proof vibration motors and vibrating screens, vibration feeders, vibration ore drawing machines, vibration hoppers, control boxes, all kinds of gate valves and bin vibration anti blocking devices, conveying machinery, lifting equipment and other procts. Our company's vibration motor and vibration machinery is the earlier introction of Germany SMK and Japan SGW company patent technology
with bold innovation, our procts are small in size, light in weight, novel in structure, stable in operation, low in noise, energy saving and so on. They enjoy high reputation in metallurgy, chemical instry, building materials, electric power, coal, casting, mining, grain and many other instries
the company won the national science and technology progress award, Hubei science and technology progress award, Hubei spark science and technology second prize, Hubei high quality proct award, high quality new proct "golden Crane" award, Hubei energy saving proct Silver Award. Vb series vibration motor is listed as a key substitute for imported procts by our country. The proct sales firmly occupy a higher domestic market share, and are exported to Southeast Asia, North America, EU and other countries and regions. It has passed ISO9000 compulsory certification and EU CE compulsory certification. It has a high reputation in the international market
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4. Four pieces of technology mining machine is recommended not less than 4G memory, and the more nodes connected, the higher the memory consumption.

5. It is the concept of virtual currency
bitcoin, which was first proposed by Nakamoto in 2009. According to Nakamoto's idea, it designs and publishes open source software and constructs P2P network on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items< On February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees

6. Of course not! Bitcoin itself is anonymous, and it is basically difficult to obtain evidence,
so don't worry!

7. This can't go around, because there is a third-party mechanism on Taobao. You must pay to Taobao first, and then transfer to the store after confirming the receipt

8. Taobao that kind of bitcoin is not real bitcoin, it is just a currency similar to bitcoin

9.

Circulation means

analysis: the function of money as the medium of commodity exchange is called the circulation means function of money; Money is used to pay off debts or pay taxes, rents, wages and so on, which is the function of money payment means

In a word, the best way to distinguish means of circulation from means of payment is that means of circulation usually refers to the purchase of goods; The means of payment refers to the function of money in credit, lease and loan

extended data:

the difference between means of payment and means of circulation:

1. Different meanings: the function of money as a medium of commodity exchange is called the function of means of circulation of money; Money is used to pay off debts or pay taxes, rents, wages and so on, which is the function of money payment means

2. The background is different: the means of circulation is that after the emergence of money, money becomes the medium of commodity exchange; The means of payment appears with the emergence of credit sale. In credit sale and credit purchase, money is used to pay debts

The object of purchase is different: as a means of circulation, money mainly purchases physical goods; As a means of payment, money mainly purchases services

The time and space of money delivery are different: money, as a means of circulation, is generally one-time delivery when purchasing goods, that is, "one hand payment, one hand delivery." As a means of payment, when purchasing goods or services, money can be delivered in batches, and can be separated in time and space. Or pay first, then serve; Or service first and pay later