Negative impact of bitcoin epidemic
bitcoin is a fraud, so we must be cautious in investment and financial management
even if it is called "hard currency", the price of gold will not only rise but not fall. There is no bubble in gold, but the price is too high, there is a bubble, and the bubble will eventually burst, such as virtual currency such as bitcoin. The more general virtual currencies, the closer bitcoin's value is to zero
this kind of currency, which is a purely calculated digital symbol, has no asset support, no financial revenue and expenditure, no cash reserve and no use value. It is only a circulation symbol. Once it loses its credit guarantee, it is a pile of beautiful printed waste paper. Investors should be alert that there is no so-called safe investment in this world, and all investments are risky
the people's Bank of China and other departments issued a document to severely punish the above-mentioned behaviors, making it clear that token trading is not protected by law. With some virtual currency trading platforms turning to overseas, speculative money speculation has also turned to "underground". In the face of continuous renovation, on the basis of continuous strict supervision, government departments should constantly upgrade the means and ability of supervision, and continue to increase publicity and crackdown on popular science, so as to avoid the masses being deceived
extended information:
investing in virtual currency is more of a kind of speculation. Investors should strengthen their risk prevention awareness and identification ability. Without confirming the identity of the other party, they should not be involved in money transactions, trust low-risk and high return investment procts, especially not join the investment and financing group without verification, These are often well-designed traps by telecommunication network fraudsters
it's better to purchase the investment and financial management accompanied by the children, and learn from the official and authoritative channels, and report to the police in time when they are found to be cheated. Properly protect all kinds of account password, identity information, etc., don't tell others easily. Any reference to the need for transfer and remittance should arouse high vigilance and consult with trusted acquaintances
reference source: people's.com - uncover the crazy bitcoin: new Ponzi scheme of 800 yuan each<
People's website - three men set up bitcoin scam and made a profit of more than 150000 yuan and were sentenced
People's website - People's website comments on "analytic blockchain" part 3: how to avoid getting away from the real to the virtual
These two years have been eventful. People around the world novel coronavirus pneumonia. With frequent earthquakes in Japan, it is said that the Fukushima nuclear power plant may explode, and it may also cause the leakage of nuclear waste water. The leakage of nuclear waste water is only one of the risks. It is said that there is a risk of increasing the amount of nuclear radiation at the Fukushima nuclear power plant. This is Japan, Iceland. Recently, earthquakes are very frequent. It is said that there is a risk of volcanic eruption. Then the United States, the United States COVID-19 super serious, the number of confirmed COVID-19 COVID-19 has reached 30 million, the number of deaths has reached 500 thousand, in addition to COVID-19, the United States also experienced a large cold wave, the cold wave led to Texas Texas water and power cuts, businesses shut down and shut down, and many of these businesses are chip manufacturing enterprises. It's a big event for chip manufacturing enterprises to stop proction. Chip is the heart of many manufacturing instries. Without it, mobile phone, automobile and other manufacturing instries will have to stop. No, the stock price of automobile is falling these days. The lack of core is one of the important reasons
Second, summary:
therefore, this kind of method to obtain bitcoin & quot; mining & quot; It will consume a lot of chips, which is the real reason for aggravating the lack of core. And with & lt; Mining & quot; This kind of behavior will proce a lot of carbon dioxide. I think all countries should strengthen the supervision, not just for the sake of pursuing interests and ignoring the problems it brings
transferring bitcoin to the other end of the earth is as simple, low-cost and unlimited as sending e-mail
As a result, bitcoin is used in cross-border trade, payment, remittance and other fields Strong>
first: benefiting from the loose monetary policy of the Federal Reserve,
suffered from the COVID-19 pandemic this year. In order to solve the liquidity crisis and stimulate the economy, the Fed injected a large amount of liquidity into the US dollar, causing huge fluctuations in the global financial market, including the digital money market. P>
second: the occurrence of COVID-19, the hedging attribute of bitcoin
COVID-19 epidemic has swept across many countries in the world, and has also had a great impact on enterprises and investment circles. p>
in the Research Report of grayscale investment, it is mentioned that two thirds of the respondents who have invested in bitcoin in the past four months said that the new coronavirus epidemic affected their decision to invest in bitcoin
all kinds of signs make us dollar credit system full of uncertainty.
Bitcoin is a kind of virtual currency, which cannot be imitated. The total amount is 21 million
the most important point is that bitcoin is obtained by mining and halved every four years
and the most recent halving market is on May 23, 2020

, when investors think that bitcoin is a hedge proct, such as the recent COVID-19, oil slump, and half of the market price, bitcoin will be very high probability.
but exactly, it's just thinking. Maybe, as the title says, it's a cognitive scam. When investors think the market will rise, it will fall sharply
in addition, because bitcoin is just a virtual code without any physical reference, it is often regarded by outsiders as a means of drumming or arbitrarily regarded as a means of pyramid selling. Bitcoin, a financial proct, has the characteristics of high risk, which makes others think it is a means of pyramid selling
therefore, for some people, bitcoin itself may be a fraud< br />
Bitcoin today plummeted to less than $50000. It can be said that this thing is the myth of B circle. It rose very fast in just four months, from less than $20000 to more than $60000. it rose very fast in just more than four months, but it also fell very fast, from more than $60000 to $50000 in just a few days{ RRRRR}
now there is a new coin circle myth, that is, dogcoin. It is said that dogcoin has increased by 400% in the past year. Although it can't compare with bitcoin, it also has a large range. If you choose to buy it now, it may make you a lot of money, but it may also make you lose money, whether you want to buy it or not depends on your own opinions on it. It's risky strong>
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The main reason for the collapse is that the market of bitcoin is affected by the recovery of the world economy The reason for p>
may be more complicated, because in normal circumstances, when the world economy has recovered, bitcoin market should be getting better and better, but there is a lot of bubbles before bitcoin. So when the world economy is graally restored, the market needs to digest this part of the bubble, so the market of bitcoin will collapse. p>
a lot of people have bought bitcoin
for those small partners who invest in bitcoin, they may not have a good time recently, because bitcoin has collapsed twice in a short period of time, issuing billions of dollars more overnight, and hundreds of thousands of people have burst their positions. A lot of people put a very high leverage in the process of investing in bitcoin. When bitcoin withdraws a lot, they lose their principal{ RRRRR}
