Is bitcoin a general equivalent

2.

The earliest is a kind of network virtual currency. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar

< H2 > extended information:

bitcoin is e-cash similar to e-mail. Both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address

starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique

many websites for technology players have begun to accept bitcoin transactions. Websites such as mtgox and btcchina, as well as some Taobao stores, can even accept services such as bitcoin exchange for us dollars and euro. There is no doubt that bitcoin has become a real currency in circulation, rather than a virtual currency like Tencent Q coin

3.

Bitcoin, English name bitcoin, is a digital currency based on blockchain technology, which is composed of a series of computer-generated complex codes. Like RMB's ￥ and US dollar's $, bitcoin has its own symbol, the "B" in the figure below

The inventor of

bitcoin is Nakamoto. Satoshi Nakamoto is the creator of bitcoin protocol and its related software bitcoin QT. In 2008, he published a paper called "bitcoin: a peer-to-peer electronic cash system", describing an electronic currency and its algorithm that he called "bitcoin"

In 2009, he released the first bitcoin software and officially launched the bitcoin financial system

In 2010, he graally faded out and handed over the project to other members of the bitcoin community

Nakamoto is believed to hold about one million bitcoins. If the price of each bitcoin was $2W, it was worth $20 billion at one time. So far, his true identity is still unknown to the outside world, that is to say, no one knows who Nakamoto is

bitcoin appeared after the global financial crisis in 2008. In fact, before that, many people have tried electronic currency, digital currency and virtual currency, but they have not succeeded. There are not only technical reasons, but also social environment and economic background reasons. To some extent, it was the 2008 financial crisis that gave birth to bitcoin

4. General equivalent
general equivalent is a kind of commodity which is separated from commodity and serves as the unified value expression material of all other commodities. Its appearance is the inevitable result of the development of commodity proction and exchange. Historically, the general equivalent was undertaken by some special commodities. With the progress of society, gold and silver have become the most suitable currencies to perform the function of general equivalent. Money is a special commodity separated from commodities and fixed as a general equivalent
Chinese name
general equivalent
foreign name
universal equivalent
definition
the commodity that represents the value of all commodities
development process
the proct of the third stage of value form development
proposer
Karl Marx
definition
general equivalent is separated from the commodity world and represents the value of all other commodities Commodities
overview
the emergence of general equivalents is e to the lack of unified equivalents in the form of expanded value, which can not meet the increasing needs of exchange, so the functions of equivalents graally spontaneously stabilize on a certain commodity, resulting in the emergence of general equivalents. The general equivalent is a socially recognized equivalent form. Its natural form has become the common value form of all commodities. It can be directly exchanged with all other commodities. All other commodities regard it as the embodiment of abstract human labor and have relations with it. Only when all other commodities are first transformed into general equivalents, the private labor expended on them can be recognized by the society and become direct social labor. Only in this way can they actually have exchange value and can they be exchanged for other commodities at any time. Therefore, the general equivalent becomes the medium of commodity exchange and plays the role of currency. However, it is not money. Only when the function of general equivalent is stable on precious metals, can it develop into money[ 1]

general equivalent
equivalence relationship
relationship between currency and general equivalent
connection:
1. All commodities are separated from commodities
2. It can be directly exchanged with all other commodities to show the value of other commodities
differences:
1; Money came into being after the second division of labor
2; It has a wide range; The extension and scope of money are narrow, especially gold and silver
3. The general equivalent is not fixed in time, region and material texture; Money is fixed in these three aspects.

5. Is a virtual digital currency, non official currency, but has a certain degree of consensus

6. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. 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 money 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:
1. The above explanations are for reference only, without any suggestions
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. Investment is risky, so we should be cautious when entering the market
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7. Different stocks are going up because of their good performance, that is to say, the strength of the company is improving and becoming more and more valuable. Virtual currency is going up because it is as rare as stamps. One hundred sets of this one is not available, so it's expensive. But the question is, does anyone accept the offer? In case there are many virtual currencies coming out tomorrow, XX currency, XXX currency, that is, the number of bitcoins is certain It's not like gold. There's so much gold. But virtual currency is virtual code. It says that writing can write gold. Can you make it more? So virtual currency is not the mainstream, but the most auxiliary thing. The value is not too high. Don't think that people are good when they buy. People follow too much. In the past, Auntie was crazy when she bought gold. Now why is she rational Money ah, stocks, migrant workers have bought stocks, and now how not to buy or lose money, real estate is also the same, and so many years after the collapse will be rational

8. Bitcoin is like gold, but gold exists underground. Bitcoin exists in digital space in virtual form. No, because its value has not been generally recognized, and there is no legal support, there are loopholes and risks in the process of mining transaction circulation. In fact, it's a semi-finished proct. The reason why it's crazy is that some people fry it.

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the quality of this animation is still very high. Like it.

10. You look delicious