Nigeria embraces bitcoin
although bitcoin still has great risks, after years of development, with the increase of its application population, application scenarios and application technology, no country or organization can completely eliminate it. If you can figure it out, it is likely that countries will generally accept bitcoin and embrace it
according to my personal judgment, bitcoin, after a period of continuous development, is likely to become a world currency in the future, which can play the role of electronic gold and become the target of the value of other sovereign currencies. From this perspective, bitcoin can be used as a means of asset preservation in the future when inflation is inevitable
1. The nature of the two currencies is different: bitcoin is an encrypted digital currency, and Morgan is a typical MLM currency
(1) 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 (2) Morgan is a kind of typical MLM currency, they often promise high income, the information of the founding operation team is not open, and they have the background of international large companies, so they put forward a set of seemingly reasonable economic theory
extension data: the harm of
network currency: the extensive application of
1 and virtual currency is also accelerating the rampant network robbers.
(1) in December 2006, the Shenzhen Public Security Bureau announced that it had cracked the country's largest theft network virtual property case, and 11 suspect was arrested. The gang used trojan virus to illegally steal virtual property such as tens of thousands of QQ numbers and QQ coins, and sold stolen goods on the network, making a profit of more than 700000 yuan
(2) in this case, the virtual currency Q was used as the standard of conviction and sentencing, and the police's arrest of illegal elements on suspicion of theft is a special case. The reason is that Tencent has filed with the Guangdong Provincial Price Bureau, and one q is equivalent to 1 yuan
(3) online currency is used more and more widely, for example, it can be used to buy anti-virus software online, vote for super girl, and some websites even use online currency to pay the moderator
2. Outside the business system, because indivial virtual currency has become the "equivalent" of RMB, or even "online RMB", which shows the role of "network hard currency", the illegal gains of illegal gambling can be cashed into RMB, which further promotes online gambling
RMB: &
US dollar: $
Euro: &
Brazilian real: R $
Bulgarian Lev symbol: лв
British Pound: ￡
Singapore Dollar: S $
Japanese Yen: J ￥
Argentine Peso: ARS $
Vietnamese Dong: &
¤( Li Yuan (big Li TianChao international currency, sub currency 100 Li Fen (cent) = 1 Li Yuan, international currency rate is 70% of the U.S. dollar)
& #3647; Thai baht symbol
BS Venezuela Bolivar and boliviano symbol
br Belarusian ruble, Belarusian currency symbol
&8373; Ghana CEDI, the currency symbol of Ghana; The symbol of the U.S. dollar and some other monetary auxiliary units is
& ᦇ 8353; Koran symbol (used in Costa Rica and El Salvador)
& #8363; Vietnamese Dong symbol
& #8364; The symbol of euro is used in euro area countries, some small non European countries, Montenegro and Kosovo
ƒ Aruba florin, the currency symbol of Aruba. It was also used as a symbol for the Dutch shield
ft Hungarian Forint
rs; Guarani, Paraguay, the currency symbol of Paraguay; The currency symbol of Laos, kip, Kr, can represent Danish krona, Norwegian krona, Swedish Krona and Icelandic krona; It can be divided into three parts: 1; Lira (possibly confused with pound)
LM Maltese lira, currency symbol of the Republic of Malta; Text (meaning one thousandth of a dollar or one tenth of a dollar)
& T; 8358; Nigerian naira, the currency symbol of Nigeria; Philippines pesos, Philippines's currency symbol
P Botswana PRA, Botswana's currency symbol
Q Guatemala char, Guatemala's currency symbol
R, South African rand, South Africa's currency symbol
Sk Slovakia kronor, Slovakia's currency symbol
Rp, Indonesian shield, Indonesia's monetary symbol
৲ 2547; Rupee symbol (used in Bangladesh)
R $real, Brazil's currency symbol
s /, Peru's new SOL $Dollar Symbol (used in the United States, Australia, New Zealand, Hong Kong, etc; This symbol is also used by various pesos and former escudos of Portugal and Cape Verde. This symbol sometimes has two vertical lines)
"Kazakhstan tenge, Kazakhstan's currency symbol
&8366; Tugrik, the currency symbol of Mongolia; Currency symbol of Korean won / Korean won; Currency symbol of RMB
nt and currency symbol of NT
Z & #; Zloty, Poland, the currency symbol of Poland
& #8372; Hryvnia, the currency symbol of Ukraine; Israeli new Shek symbol
& #6107; The currency symbol of Cambodia is
& ᦇ 65020; Iranian Riyal, Iranian currency symbol
руб Russian Ruble; Euro currency symbol
$dollar currency symbol
Recently, there are three popular concepts: blockchain, bitcoin and ICO
one is the blockchain, which is the blockchain in Xu Xiaoping's internal letter that "if it goes along, it will prosper, if it goes against, it will die"
the other is that it has been hyped for several years, and the price keeps going up and down, but some people have been advocating bitcoin that "each bitcoin will rise to $10000"
Another is the ICO, which Xue Manzi cheered and advocated a few months ago and later was strongly concerned by the regulatory authorities. On the night of January 12, the day before yesterday, the China Internet Finance Association issued an announcement entitled "risk tips on preventing disguised ICO activities", in which it named the digital currency "chain gram" (formerly "play guest currency") released by Xunlei, saying that it "replaces the legal currency payment obligation for the services contributed by the participants, which is essentially a financing behavior and a disguised ICO". As soon as the news came out, Xunlei's share price fell sharply in the early trading of us time on Friday
"bitcoin" does not solve any problems
besides bitcoin, Xiaotao has always been a loser of bitcoin, because in Xiaotao's view, bitcoin has not solved any new problems. In other words, what would the world lose without bitcoin today? Who and which transactions will be affected? The answer is that no one will be affected except the most special people. What are the advantages of bitcoin over existing currencies? Stable currency? Security? Low cost
the decentralization advocated by bitcoin is nothing more than evading regulation. For example, the goods between the two countries should have gone through the customs. The Customs has eight channels. Now you have an underground channel. Although the distance may be closer and many customs ties may be exempted, it is illegal. It is a typical Arbitrage Behavior to evade supervision. Solving one's own problems on the premise of harming social interests and order is not desirable and can not last
What's more, in order to obtain bitcoin, the huge "mining" workload consumed a lot of power and computer computing power, and did not create any value, which is a huge waste of social resources. It is said that the cost of digging a bitcoin has reached 3000 to 4000 US dollars...
"ICO" is a typical Ponzi scheme
as for ICO, the so-called IPO project with digital currency as the media, sticking to its own hot speculation concept, holding the idea that it is not ready to cash, or the idea that the feasibility is almost invisible, relies on a kind of digital currency that evades the supervision to let people buy and hype the price... This is a typical Ponzi scheme, or open a casino in disguise
there are many such cases in history. A few years ago, some people divided any painting into tens of thousands of shares, marked a price for everyone to buy and hype; Hundreds of years ago, the Dutch were crazy about tulips. A tulip price could buy a castle... Everyone knew that it was a bubble. They all knew that the bubble would burst, but everyone wanted to beggar the neighbour, hoping to get a.
before the bubble burst.Image symbol of world currency ¤ International currency symbol, used when there is no suitable currency symbol
฿ Thai baht symbol
BS Venezuela Bolivar and boliviano symbol
br Belarusian ruble, Belarusian currency symbol
&8373; Ghana CEDI, Ghana's currency symbol
& #8353; Koran symbol (used in Costa Rica and El Salvador)
& #8363; Vietnamese Dong symbol
& #8364; The symbol of euro is used in euro area countries or some small non European countries, Montenegro and Kosovo< br />
ƒ Aruba florin, the currency symbol of Aruba. Previously, it was also used as the symbol of Dutch guilder
ft, Hungarian Forint
rs. Indian Rupee
& #8370; Guarani, Paraguay, the currency symbol of Paraguay; The currency symbols of Kip and Kr in Laos can represent DKK, NOK, SEK and Icelandic Krone; Lira (possibly confused with pound)
LM Maltese lira, currency symbol of the Republic of Malta; Nigerian naira, the currency symbol of Nigeria; Philippines pesos, Philippines's currency symbol
P Botswana PRA, Botswana's currency symbol
Q Guatemala char, Guatemala's currency symbol
R, South African rand, South Africa's currency symbol
Sk Slovakia kronor, Slovakia's currency symbol
Rp, Indonesian shield, Indonesia's monetary symbol
৲ 2547; Rupee symbol (used in Bangladesh)
R $real, Brazil's currency symbol
s /, Peru's new SOL $Dollar Symbol (used in the United States, Australia, New Zealand, Hong Kong, etc; The symbol is also used by various pesos and former escudos of Portugal and Cape Verde.)
"Kazakhstan tenge, the currency symbol of Kazakhstan; Tugrik, the currency symbol of Mongolia; Currency symbol of Korean won / Korean won
currency symbol of NT New Taiwan dollar
currency symbol of yen
Z & #; Zloty, Poland, the currency symbol of Poland
& #8372; Hryvnia, the currency symbol of Ukraine; Israeli new Shek symbol
& #6107; The currency symbol of Cambodia is
& ᦇ 65020; Iranian Riyal, Iranian currency symbol
руб Russian Ruble; Euro currency symbol
$dollar currency symbol (the symbol is sometimes written with two vertical lines)
extended data
internationally, the international standard of International Organization for Standardization (ISO), namely ISO 4217 "currency and fund code representation" (code representing currency and fund), is used as the standard for currency identification, In order to distinguish the similar foreign currency symbol is the currency of the country or region. There are two codes for each currency. The first is the commonly used three letter code, and the second is the less commonly used three digit code
the symbol of RMB is & #;. The writing order is: first write the capital letter "Y", then add two horizontal lines on the vertical line, that is "&#", The pronunciation is: Yu á N (sound: yuan)
when using Arabic numerals to fill in the amount one by one, add a "&" 165; "before the first amount The symbol can not only prevent the number from being added before the amount, but also indicate the amount of RMB. Because of "& The unit of RMB itself is "Yuan", so "165" is added before the amount After the amount, there is no need to add the word "Yuan"
In 2020, paxful immediately bought and sold cryptocurrency. According to the data, Nigeria's bitcurrency transaction volume was 1.1 million, ranking second in the world after the United States and Russia. However, according to relevant statistics, 32% of Nigerians use bitcoin to trade. According to the proportion of population, it is the number one in the world and should be the leader of bitcoin trading
at present, the Central Bank of Nigeria has realized the seriousness of the situation and asked all banks to close their bank accounts for illegal investment in bitcoin. This is the second time since 2017 that the central bank has directly intervened in bitcoin trading. People generally doubt the effectiveness of the policy, and believe that bitcoin trading may return to the door-to-door trading mode. In fact, after the first mock exam of the central bank's intervention policy, the total volume of transactions increased by 11.6%. p> It can be seen that Nigeria may be one of the world's bitcoin trading centers for a long time
the Central Bank of Nigeria banned cryptocurrency transactions, reflecting Nigeria's distrust of this currency theoretically, digital cryptocurrency is a kind of digital asset that can be exchanged with fiat money. People trade through encrypted wallet addresses and invest in digital cryptocurrency. But at present, in China, the status of digital cryptocurrency is less than legal tender
smart contract is the most important and significant feature of Ethereum, which refers to the computer program that can be automatically executed on Ethereum blockchain . In short, a smart contract is a program that is automatically executed according to the program set by the creator. One of the drawbacks of bitcoin is the waste of computing power. In a fixed ten minute block time, some temporary branches of the blockchain are discarded by the main chain because they are not connected to the main chain. However, this part is also obtained by miners using a lot of computing power, which leads to a waste of computing power and damages the enthusiasm of miners. On the basis of bitcoin, although Ethernet coin will increase the blocking efficiency to 15 seconds, it will also bring more temporary branches of the blockchain, which will lead to more waste of computing power
there are several knives for skinning. The famous one is the Beas' knife which was lost by Beas dog in black. It has skinning skills. Of course, there is also a knife which has skinning skills. It's one from ZG, and they are all blue.
what kind of skin to peel and what kind of mine to dig are random, regardless of root skills, Some mining skills are not enough, you can't peel and dig
they are basically small companies
now there are some well-known and relatively large companies, such as GOLO
Tencent Lubao, etc.
however, these large companies are also part of the work
they do not necessarily have the background of senior
experience
for example, there have been many small companies in 11 years
these experiences are difficult for large companies to follow up.