Can bitcoin be written on paper

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

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

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"

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

You can download a bitcoin wallet or register on a trading platform. Everyone's bitcoin address is unique. If you have an address, you can make a bitcoin transfer. Download bitcoin client or bitcoin wallet, you can also register your own bitcoin address. A bitcoin address is a string of 26 to 34 bits of letters and numbers, which looks a bit like garbled code

the bitcoin address is an indivial's bitcoin account, which is equivalent to your bank card number. Anyone can transfer bitcoin to you through your bitcoin address. The red box is the bitcoin address. Log in to my bitcoin bag and you can see the money

extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. 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 the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography 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

reference: network bitcoin

Hello, there are several key points in your question that need special attention. I will elaborate them as follows:

1. in your description & quot; Download a bitcoin wallet software & quot;: This step should be cautious. First of all, your goal is to make bitcoin paper wallets offline. What you want to download is actually [bitcoin offline paper wallets making tool], and these tools are intermingled, and some are even very risky. So what kind of [paper wallets making tool] do you want to choose? It must be an open source (that is, the source code is completely open) proction tool that has been recognized by all of us for many years. After many years, it has experienced the test of time. You can search the Internet for a comparative understanding of this point. It is suggested to search the "secure bitcoin offline paper wallet" to learn more about the comparison and be willing to spend more time

2. to make bitcoin offline paper wallet, it is right to "unplug the network cable". At this time, it is true that the computer you make the paper wallet is completely isolated from the whole Internet, which is the meaning of offline. At this time, you need not worry, because the address and private key of bitcoin wallet are just a certificate, Bitcoin doesn't really need to be put into this wallet (it's totally different from the real wallet, but the network can understand it). The address of bitcoin's wallet is just a record of several public books on the bitcoin blockchain network. Therefore, you can safely use the bitcoin offline paper wallet, The key point is that you actually the private key address of the bitcoin offline paper wallet onto the paper, and ensure that there is no mistake. Save the public key to receive other people's bitcoin transfer. Then, the bitcoin offline paper wallet you generate will be fully recognized by the bitcoin network

3. it is mentioned in your problem description that "I write down the public key and private key with paper, then smash the computer to pieces, and then burn down the host screen with fire" - this is not necessary at all. As long as you unplug the network cable in the process of offline making bitcoin offline paper wallet, no one can peek at your screen, So as long as you choose the secure bitcoin offline paper wallet tool, the wallet you get will be secure. Of course, the most important thing is that you should store the note with the private key of the bitcoin offline paper wallet in a fireproof and waterproof safe. As for the computer you use to generate the bitcoin offline paper wallet, you don't need to break it. At most, you can destroy the hard disk. In the safe bitcoin offline paper wallet tutorial searched above, there are detailed instructions on how to do the subsequent processing

4. finally, you mentioned the operation of transferring money to your offline generated bitcoin paper wallet, which is no different from transferring money to any other bitcoin address. The synchronization process is carried out in the whole bitcoin blockchain network and needs to wait, but this is the confirmation process of the whole network

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I hope my answer can help you. It is recommended that you fully study before you operate< br />

I can't buy it

the price of bitcoin rises and falls suddenly, which is very similar to the stock in the game Monopoly 4 played when I was a child, but I don't recommend you to buy it