Bitcoin executives banned from leaving Beijing
Publish: 2021-05-10 05:27:28
1. bitcoin is different from the previous currency, it completely relies on the Internet to create and trade; Bitcoin's unique technical attributes lead to its economic and cultural attributes beyond the present currency. Bitcoin is a kind of electronic currency proced by open-source P2P software. Compared with the paper currency in circulation, the biggest feature of bitcoin is decentralization and global circulation in the network world, followed by high security and high confidentiality. These technical attributes further extend to the economic attributes of no inflation, no freezing, and no man-made supply; In terms of culture, bitcoin is popular among anarchists and liberals. The advantages of bitcoin are artificially exaggerated, and its anti inflation and anti inflation functions cannot stand up to scrutiny. In the long run, the prospect of bit is hard to match that of gold. In the most optimistic case, it will become a means of payment in some areas; But in the short and medium term, bit still has room for speculation and imagination. In addition, the use of bitcoin in some sensitive areas highlights the increasingly prominent role of information in national security
1. The advantages of bitcoin are exaggerated: About decentralization, no transaction costs and anti inflation
it is true that bitcoin has various advantages over paper money, but these advantages have been over interpreted. First of all, bitcoin is a kind of decentralized currency, which will not have the same risk of central bank controlling money supply and affecting market value as paper money; Bitcoin is mainly held in the hands of large investors, and the market depth is not enough. At present, the trading behavior of large investors is also very easy to affect the price of bitcoin. Even if the attribute of decentralization is regarded as the advantage of bitcoin when it is fully mature, then the prerequisite of holding decentralization should be added. In addition, there are great differences between centralized and decentralized online payment systems in the degree and type of financial risks they are exposed to
secondly, the low transaction cost of bitcoin is not without transaction cost. On the contrary, e to the increasing difficulty of bitcoin mining and the further stability of currency value, the dependence of relevant transaction platforms on transaction cost will increase, which will certainly increase the transaction cost. Finally, the confidentiality of the bitcoin transaction needs to be discussed. The principle of the bitcoin transaction makes all the processes of each bitcoin transaction stored in each machine. If someone can determine the real background of a transaction, they can find all the transactions down and up through these data
compared with other advantages, anti inflation or anti inflation is the most publicized advantage. Although its supply is stable and the upper limit of supply is locked according to its algorithm, unless the whole world is unified and all countries use bits as currency, it can not prevent the over issuance of money only as a means of payment or a storage of value, just as the current existence of gold can not constrain the growth of each country's currency. If bits can only be used as a means of payment in local areas (such as the network), then global or some countries' inflation will still be transmitted to the areas where bits are used. Therefore, the use of bits to prevent inflation is basically untenable, or has a strong premise. As for anti inflation, that is to say, it has the function of value storage, it needs to have the property similar to gold. However, from the reality, bit's essential property and prospect are still hard to match gold. See below for details
2. Bitcoin's future positioning is too high
the expectation of bitcoin's future in the market generally compares it with gold and US dollar, which is relatively high. The recognition of gold not only lies in its natural physical properties, but also in its official acceptance as a reserve currency (or an important allocation of foreign exchange assets). In theory, bitcoin as an electronic currency does not have the unique and exclusive status, and it is more difficult to become the official reserve of central banks like gold. Therefore, it is not appropriate to expect too much bit. As an electronic currency, bit has the first mover advantage. If it can be guaranteed in terms of security, its most optimistic prospect will be as a means of payment in local areas
3. Speculation and speculative demand caused by event factors are the main reasons for the rise of bitcoin in this round
under the credit currency system, people's lack of confidence in the currencies of various countries and pessimistic economic prospects are the general environment for the rise of bitcoin in this round. The speculation of the major dealers in the market and the derivatives market of bitcoin, together with the speculative psychology of the participants, further accelerated its rise. Btcchina's investment of US $5 million and the announcement of Ben's position are the main driving factors for the recent surge
however, a lot of big players start to enter the market and buy a lot, which not only drives the bit price up to a high level, but also increases the market risk. Chamath, a former Facebook executive, has spent $5 million on bitcoin and plans to spend another $10 million. Bitcoin investment trust also exceeded its target within four weeks, raising $15 million. These people's investments not only make bitcoin further rise, but also concentrate on the holding of bitcoin, which strengthens the influence of indivials and institutions on the price of bitcoin and increases the market risk
4. There is still strong room for speculation in the medium and short term
although our previous analysis is not optimistic about the prospect of bit, it is likely that bit will still have strong room for speculation in such a short and medium term period of time as one year. As mentioned in the previous analysis, the creators of bitcoin advocate that the generation of bitcoin is not manipulated by human factors, which is quite different from the credit currencies of various countries. We expect that the monetary policies of major countries will be divided next year. With the release of economic risks and the heavy damage to traditional asset markets, bitcoin will have better room for speculation and imagination< The use of bitcoin in some sensitive areas highlights the increasingly prominent role of information in national security
the U.S. government seized the drug trading website "Silk Road" at the beginning of last month. A crowdfunding network called "assassination market" even marked the sale of murderers with bitcoin price. The founder of the assassin market, under the pseudonym of kuwabatake Sanjuro, is an extreme anarchist. Both prism gate incident and the use of bitcoin in relevant sensitive fields highlight the increasingly prominent position of information field in national security. The Third Plenary Session proposed the establishment of the national security committee, which will play an important role in China's security strategy and expand from traditional national defense, stability maintenance / urban security to information security and other emerging areas
1. The advantages of bitcoin are exaggerated: About decentralization, no transaction costs and anti inflation
it is true that bitcoin has various advantages over paper money, but these advantages have been over interpreted. First of all, bitcoin is a kind of decentralized currency, which will not have the same risk of central bank controlling money supply and affecting market value as paper money; Bitcoin is mainly held in the hands of large investors, and the market depth is not enough. At present, the trading behavior of large investors is also very easy to affect the price of bitcoin. Even if the attribute of decentralization is regarded as the advantage of bitcoin when it is fully mature, then the prerequisite of holding decentralization should be added. In addition, there are great differences between centralized and decentralized online payment systems in the degree and type of financial risks they are exposed to
secondly, the low transaction cost of bitcoin is not without transaction cost. On the contrary, e to the increasing difficulty of bitcoin mining and the further stability of currency value, the dependence of relevant transaction platforms on transaction cost will increase, which will certainly increase the transaction cost. Finally, the confidentiality of the bitcoin transaction needs to be discussed. The principle of the bitcoin transaction makes all the processes of each bitcoin transaction stored in each machine. If someone can determine the real background of a transaction, they can find all the transactions down and up through these data
compared with other advantages, anti inflation or anti inflation is the most publicized advantage. Although its supply is stable and the upper limit of supply is locked according to its algorithm, unless the whole world is unified and all countries use bits as currency, it can not prevent the over issuance of money only as a means of payment or a storage of value, just as the current existence of gold can not constrain the growth of each country's currency. If bits can only be used as a means of payment in local areas (such as the network), then global or some countries' inflation will still be transmitted to the areas where bits are used. Therefore, the use of bits to prevent inflation is basically untenable, or has a strong premise. As for anti inflation, that is to say, it has the function of value storage, it needs to have the property similar to gold. However, from the reality, bit's essential property and prospect are still hard to match gold. See below for details
2. Bitcoin's future positioning is too high
the expectation of bitcoin's future in the market generally compares it with gold and US dollar, which is relatively high. The recognition of gold not only lies in its natural physical properties, but also in its official acceptance as a reserve currency (or an important allocation of foreign exchange assets). In theory, bitcoin as an electronic currency does not have the unique and exclusive status, and it is more difficult to become the official reserve of central banks like gold. Therefore, it is not appropriate to expect too much bit. As an electronic currency, bit has the first mover advantage. If it can be guaranteed in terms of security, its most optimistic prospect will be as a means of payment in local areas
3. Speculation and speculative demand caused by event factors are the main reasons for the rise of bitcoin in this round
under the credit currency system, people's lack of confidence in the currencies of various countries and pessimistic economic prospects are the general environment for the rise of bitcoin in this round. The speculation of the major dealers in the market and the derivatives market of bitcoin, together with the speculative psychology of the participants, further accelerated its rise. Btcchina's investment of US $5 million and the announcement of Ben's position are the main driving factors for the recent surge
however, a lot of big players start to enter the market and buy a lot, which not only drives the bit price up to a high level, but also increases the market risk. Chamath, a former Facebook executive, has spent $5 million on bitcoin and plans to spend another $10 million. Bitcoin investment trust also exceeded its target within four weeks, raising $15 million. These people's investments not only make bitcoin further rise, but also concentrate on the holding of bitcoin, which strengthens the influence of indivials and institutions on the price of bitcoin and increases the market risk
4. There is still strong room for speculation in the medium and short term
although our previous analysis is not optimistic about the prospect of bit, it is likely that bit will still have strong room for speculation in such a short and medium term period of time as one year. As mentioned in the previous analysis, the creators of bitcoin advocate that the generation of bitcoin is not manipulated by human factors, which is quite different from the credit currencies of various countries. We expect that the monetary policies of major countries will be divided next year. With the release of economic risks and the heavy damage to traditional asset markets, bitcoin will have better room for speculation and imagination< The use of bitcoin in some sensitive areas highlights the increasingly prominent role of information in national security
the U.S. government seized the drug trading website "Silk Road" at the beginning of last month. A crowdfunding network called "assassination market" even marked the sale of murderers with bitcoin price. The founder of the assassin market, under the pseudonym of kuwabatake Sanjuro, is an extreme anarchist. Both prism gate incident and the use of bitcoin in relevant sensitive fields highlight the increasingly prominent position of information field in national security. The Third Plenary Session proposed the establishment of the national security committee, which will play an important role in China's security strategy and expand from traditional national defense, stability maintenance / urban security to information security and other emerging areas
2. If you can't withdraw cash, you must be cheated, so don't use it again
3. It's possible, but it's more risky than trying.
4.
in terms of price, bitcoin and various "cat coins" (all the encryption currencies outside the bitcoin system) are in the bubble. But in terms of value, bitcoin is not. Davis said that although bitcoin is a speculative transaction, it is still valuable
Davis said that if you bet on bitcoin, you bet on the value exchange provided by the Internet. The Internet exchanges information through various protocols, just as people use bitcoin to buy a commodity or exchange for the service they want. Therefore, if the number of people using bitcoin is increasing, the value of the Internet will continue to grow
the price of bitcoin continued to rise this week. According to data from coindesk, the trading price of bitcoin broke through 12000 US dollars for the first time on Wednesday (December 6) morning Beijing time. Because of the large increase in bitcoin, executives of some large banks call bitcoin "bubble". Bitcoin has risen more than 1000% since the beginning of the year
Davis' company currently allows people to pay in the form of "electronic gold" instead of bitcoin. Users can link their MasterCard debit card to glint's app, and then do what they want: buy the goods and services they need, even transfer money. Bitcoin is an exchange of value provided by the Internet, but it cannot be used as a means of payment like gold, the executive said< br />
5. No one's playing with that thing
6. People who know a little about mechanical watch all know that the full-automatic mechanical watch completely depends on the swing of the arm to complete the winding. Therefore, once the watch is placed for a long time or the daily arm activity does not meet the requirements of the watch winding, the watch will lead to the lack of potential energy e to winding, which will cause the watch to go unstable or stop at night when it is not worn
watch knock: because the watch is exposed most of the time in the process of wearing, it is easy to knock other hard objects when walking. If you accidentally knock or fall on the watch in daily use, it may lead to the movement gear and other parts of the watch loose, dislocation and other situations, which will also lead to the mechanical watch to stop stealthily
hairspring problem: hairspring fault is also one of the reasons for the mechanical watch to stop stealthily when it is running normally. As mentioned above, the watch stops stealthily e to insufficient activity, and if the activity is too large, the winding will become tight for a long time and cause the winding mechanism failure. It can also cause a lack of motivation
Cheng tiger Royal watch maintenance service center is located in room 05, 24 / F, sac Sichuan aviation Plaza, no.6, Renmin East Road, Jinjiang District, Cheng, Tel: 028-62780618
watch knock: because the watch is exposed most of the time in the process of wearing, it is easy to knock other hard objects when walking. If you accidentally knock or fall on the watch in daily use, it may lead to the movement gear and other parts of the watch loose, dislocation and other situations, which will also lead to the mechanical watch to stop stealthily
hairspring problem: hairspring fault is also one of the reasons for the mechanical watch to stop stealthily when it is running normally. As mentioned above, the watch stops stealthily e to insufficient activity, and if the activity is too large, the winding will become tight for a long time and cause the winding mechanism failure. It can also cause a lack of motivation
Cheng tiger Royal watch maintenance service center is located in room 05, 24 / F, sac Sichuan aviation Plaza, no.6, Renmin East Road, Jinjiang District, Cheng, Tel: 028-62780618
7. The collapse of
bitcoin shows that the price of virtual currency is still extremely unstable, and there may be great risks in the future. Once the bubble burst, the game will be over. ring this period, cryptocurrency originally benefited from the listing of the first virtual currency exchange, and the market was very good and the mood was very high. But the good news did not last long, and soon negative news came from regulators, and the price of cryptocurrency plummeted. Among them, bitcoin fell by more than 20% in one trading day, and the price fluctuation surprised many investors in the market. Not only bitcoin, but also the price of all cryptocurrencies on the market are falling with the market
8. Answer content:
Yancheng Public Security Bureau in Jiangsu Province is a company, which convicts the case of jibitai Leitai on illegal pyramid selling. It only wants to confiscate our deposit and confiscate it, regardless of the lives of the common people
firstly, the deposit is neither rent nor investment. Secondly, the income is paid according to the actual output after decting the balance of rent and electricity charges. It is not fixed income. Sometimes, if there is no income, it is distributed according to the output. Thirdly, the company stipulates that the machine can only be rented by scanning the code, so we all find someone to scan the code. In addition, the company stipulates that only five accounts can be registered for a mobile phone number, So we have several dozens or even hundreds of accounts for the same person. Many of the frameworks we see in the background are actually the same person. We can prove that we are the same person. Fourth, we don't need to pay any membership fee to participate in gibbit leasing. We only need to pay the deposit (the company's owners promise to return 100% of the rental period), but we don't guarantee the income! The deposit is guaranteed to be returned. Fifthly, we learned that gibbitt is a real miner, and the deposit is guaranteed to be returned without any membership fee
sixthly, renting 10 bitcoin mining machines requires 0.3 bitcoin deposit, which was converted according to ant S9 before. Later, after the boss's mining machine was updated, renting 10 mining machines is only equivalent to renting 1.5 ant S17, which is not consistent with the number of mining machines mentioned by the police, and there is an understanding error
it is because of the entity that we dare to take out our lives to lease the mining machines (at present, we heard that the number of mining machines checked by the public inspection does not match, and we know that the boss sold many mining machines after halving). At present, the lease term is up, and no one comes to refund the deposit, which leads to our innocent renters being heavily in debt or even separated from their families. We also firmly believe in the justice of the law, no matter what crimes the boss committed, We are the leaseholder, the deposit, not the investment. Even if we don't fully understand the true situation of gibbet, we are also victims of fraud. So we hope that the public security organs and the law can make the decision for our victims, and supervise and ask the criminals to return our deposit! Not just want to confiscate, meritorious!
Yancheng Public Security Bureau in Jiangsu Province is a company, which convicts the case of jibitai Leitai on illegal pyramid selling. It only wants to confiscate our deposit and confiscate it, regardless of the lives of the common people
firstly, the deposit is neither rent nor investment. Secondly, the income is paid according to the actual output after decting the balance of rent and electricity charges. It is not fixed income. Sometimes, if there is no income, it is distributed according to the output. Thirdly, the company stipulates that the machine can only be rented by scanning the code, so we all find someone to scan the code. In addition, the company stipulates that only five accounts can be registered for a mobile phone number, So we have several dozens or even hundreds of accounts for the same person. Many of the frameworks we see in the background are actually the same person. We can prove that we are the same person. Fourth, we don't need to pay any membership fee to participate in gibbit leasing. We only need to pay the deposit (the company's owners promise to return 100% of the rental period), but we don't guarantee the income! The deposit is guaranteed to be returned. Fifthly, we learned that gibbitt is a real miner, and the deposit is guaranteed to be returned without any membership fee
sixthly, renting 10 bitcoin mining machines requires 0.3 bitcoin deposit, which was converted according to ant S9 before. Later, after the boss's mining machine was updated, renting 10 mining machines is only equivalent to renting 1.5 ant S17, which is not consistent with the number of mining machines mentioned by the police, and there is an understanding error
it is because of the entity that we dare to take out our lives to lease the mining machines (at present, we heard that the number of mining machines checked by the public inspection does not match, and we know that the boss sold many mining machines after halving). At present, the lease term is up, and no one comes to refund the deposit, which leads to our innocent renters being heavily in debt or even separated from their families. We also firmly believe in the justice of the law, no matter what crimes the boss committed, We are the leaseholder, the deposit, not the investment. Even if we don't fully understand the true situation of gibbet, we are also victims of fraud. So we hope that the public security organs and the law can make the decision for our victims, and supervise and ask the criminals to return our deposit! Not just want to confiscate, meritorious!
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