Us Syria gold bitcoin
Who is Nakamoto? Why are people so curious about him? This person, who calls himself Nakamoto Tsung, said that he lost his bitcoin, not one or two, but a lot. What does 980000 bitcoins mean
so we should take a calm attitude towards bitcoin
so far, no one knows the true face of this Nakamoto. Even his so-called 980000 bitcoins are skeptical
because, generally, people who are really rich are disdainful of showing off their wealth
bitcoin, a blockchain based digital currency, is often regarded as a global safe haven asset like gold. In this age of global turmoil, even gold has become unreliable and may be confiscated as India has. Some people have begun to think that bitcoin can replace gold, because bitcoin not only has the reserve capacity of gold, but also has some capabilities that gold does not have, such as low handling charges, rapid transfer capacity, decentralization and so on. With the increasing popularity of bitcoin and the decreasing volatility, the status of gold has been threatened
will bitcoin shake the status of gold?
gold has a long history, almost as long as the history of human civilization, and has withstood numerous tests in history. Bitcoin is less than a decade old, but its value has risen sharply. There is no support behind bitcoin. Of course, since the end of the gold standard, there has been no support from other currencies, except that there is no support from the central bank behind bitcoin. It's hard to predict whether bitcoin will exist in the next decade, a hundred years or even a thousand years.
Shelley Goldberg, a well-known investment consultant working for brevan Howard asset management and Roubini global economics, believes that as an analogy, it is like soybean futures and Intel stock. Many people may think that gold and bitcoin are both currencies because they can be used to buy goods and services. Or, both are commodities, because trading commodity futures needs to meet the minimum standards of account opening funds, and comply with the relevant futures and option contracts. But gold is a commodity, bitcoin and blockchain are technologies
in what unit are abstract things measured
Stefan Weiler, vice president of goldmoney, a global financial services and technology company, believes that gold is real and has physical and measurable natural advantages, rather than abstract man-made money, including fiat money. Therefore, gold has measurable mass and weight to determine its unit (gram, Troy, ounces, etc.). But bitcoin doesn't have this feature. Weiler pointed out that "abstract things can only be measured in their own units.". So the bitcoin value of "weighing" is literally not comparable to the value of gold
Stefan has worked in the world's top financial institutions for more than 10 years. He was senior director of commodity strategy at Goldman Sachs and research director of commodity hedge fund BBL commodities. In 2014, the hedge fund gained 51.3% return and won the title of "new fund of the year"
Weiler explains this problem by comparing the units between bitcoin and gold:
when comparing the units of gold and bitcoin, we must first define which unit to measure, gram... Kilogram... Or ton? Or ounces? Weiler uses the market capitalization of the two companies (apple (NASDAQ: AAPL) and seaboard (nysemkt: SEB) as a metaphor to illustrate how unit size / amount distorts the price: comparing the price of a unit of bitcoin and an ounce of gold is a bit like comparing seaboard's shares (US $4179 per share) with Apple's shares (US $116 per share), and concludes that, Seaboard's market value is about 35 times that of apple. Considering only the stock prices of the two companies without considering the shares (i.e. units) issued, it is obviously not enough. Weiler believes that a similar situation will occur when comparing gold and bitcoin
neither is money
by definition, money is a widely accepted means of payment as a medium of exchange. The classification of gold as a commodity currency goes back a lot to the early days of capitalism, when people could trade gold for cattle. But this model doesn't work because gold is often in short supply. Gold is a tradable tool and asset-backed currency, because it can be exchanged for a certain amount of US dollars, but if you take the gold nugget to the grocery store to buy something, the grocery store will not sell it to you. Unless we go back to the Bretton Woods system when gold was fixed against the US dollar, gold is not directly linked to any currency
there is no doubt that bitcoin is becoming an acceptable means of payment both offline and online, such as offline stores, home depot and online transactions, such as expedia.com, which are also accepted by many countries, such as Estonia and Denmark. But it is still not widely accepted around the world
money is national legal, which means that each Congress uses it in monetary policy. The Fed can print as many dollars as it can to stimulate the economy. At present, more than 50 banking organizations in the world have joined the R3 blockchain alliance, but bitcoin does not rely on the government, banks and other third parties
unlike money, both gold and bitcoin are in limited supply. The gold supply of the earth depends on the underground reserves, and the creation limit of bitcoin is 21 million
Goldberg believes that although the value of bitcoin exceeds that of gold for the first time, there is no comparability between bitcoin and gold
the two are not irreplaceable
gold was first used around 700 BC, and after that, nothing with the same properties as gold has been found or created. Metallurgists have made alloys that look and feel like gold, but they are not gold because they do not meet physical delivery standards. Bitcoin, on the other hand, has numerous alternatives, because countless "altcoin" cryptocurrencies have sprung up to challenge it, such as Ethernet, which follows Casper rules
according to cryptocoincharts, the market value of 3694 cryptocurrencies has reached 27.8 billion US dollars. Of course, bitcoin has an overwhelming market share, but who knows what other cryptocurrency popularization or some technology will challenge and destroy the current market in the future. Not long ago, many bitcoins were stolen from Mt. GOx exchange. Last summer, a project using blockchain technology was hacked and lost millions of dollars. So there is still room for improvement
gold is a commodity, but bitcoin is not. Gold is a basic commodity or hard asset that can be used in business, and it can be used as a material to proce other commodities. People can also use gold for physical delivery and then make it into some other form for use. Although bitcoin is storable, it is not physical and cannot be held, felt or transferred. " Goldberg said
are bitcoin and gold risk averse
for centuries, gold has been regarded as a safe haven asset or used as a hedge against inflation, but this attribute is not permanent, because there are many alternatives, such as the Swiss franc and tips. Bitcoin is different. In fact, China's three largest bitcoin exchanges recently stopped withdrawing money under pressure from the people's Bank of China for fear that bitcoin would be used to transfer money abroad. Bitcoin has not experienced inflation since its birth, so its anti inflation property has not been verified< However, they are similar. Shelley Goldberg believes that bitcoin and gold are rare, their prices may be volatile, and each serves as an alternative investment to those lacking confidence in legal tender and monetary policy. Bitcoin trading is not as easy as gold, because people have to buy bitcoin through online trading platforms or invest in over-the-counter bitcoin trusts. There may be a bitcoin ETF in the near future, as the US Securities and Exchange Commission is considering a proposal to launch an exchange traded fund backed by bitcoin. A final decision will be made by this Saturday
on February 14, SEC officials met with brother Tyler Winklevoss and brother Cameron Winklevoss, advocates of bitcoin ETF, to discuss the above proposal. The market expects that once bitcoin ETF is listed, it will attract a large amount of capital investment, reaching at least $300 million. With this development, bitcoin will become an easier trade
cryptocurrency supporters believe that bitcoin is the medium of exchange and storage value in the future. However, the volatility of bitcoin is a problem when only the downlink deviation is measured instead of the standard deviation& quot; This method better shows the risks of bitcoin becoming a widely used currency, "Weiler said
in his analysis, Weiler believes that "the volatility of bitcoin is significantly higher than that of gold and currency
Weiler believes that although bitcoin's short-term performance is impressive, it still has serious limitations in terms of utility and savings compared with gold and precious metals. At the same time, Shelley Goldberg also believes that the relative value of bitcoin is basically nothing except speculation. In addition to the expectation that trump will relax the financial regulatory environment in the United States, China, India, Venezuela and other countries have tightened the supervision of bitcoin. Therefore, with the currency instability in emerging markets, the uncertainty of Trump's policy and the expectation of stock market adjustment, there are still good reasons to buy gold.
Jingxuan finance and economics the above tutorial should be able to answer your question
because the American people intend to borrow bitcoin for speculative speculation to attract the return of rice yuan, in a certain sense, the appreciation of bitcoin will promote the appreciation of the US dollar
for gold, as a reserve, it has a complementary relationship with the US dollar, that is, the appreciation of the US dollar may lead to the depreciation of gold; Bitcoin absorbs the speculative property of gold, so the appreciation of virtual currency (bitcoin) is also a factor leading to the depreciation of gold
as a medium of transaction, when the trade channel is reced, the currency will depreciate. In other words, there is a situation that money can not be spent; But when there is a threat of war, we should consider the risk aversion factors and the possibility of recing trade channels, which will lead us to increase our efforts to reserve currency. At this time, gold and the US dollar will double up
the increase of risk, such as the recent game between China, Japan, the United States and South Korea, will lead to the return of people's yearning for peace. This desire will lead to the decrease of speculation desire... The decrease of speculation impulse will be reflected in the speculation of virtual currency
bitcoin is just a trading currency, which is very expensive only because it is rare enough. Basically, as long as people who have been on the Internet know the existence of bitcoin, they also know that it is very valuable. For bitcoin, many business tycoons also believe that its future value will be higher than gold, which is indeed digital gold{ RRRRR}
there is still a lot of room for bitcoin to grow in the future. After all, gold will be exhausted one day . There are only so many gold reserves on earth. As long as we keep digging, we will finish digging one day, not to mention that in the future, when human beings go to space and can exploit the resources of other planets, the status of gold will decline again. However, the storage capacity of bitcoin is unlimited, and the output is uncertain. After all, it's network virtual currency, especially in the future. Of course, how to use bitcoin in the market in the future is also a big problem, but the existence of bitcoin is a good expectation for the future
There is no direct link between gold and bitcoin
neither of them is money: money is widely accepted as a medium of exchange, and gold is classified as money. To a large extent, it can be traced back to the early capitalist period, when gold could be used to exchange for anything, as a tradable tool and asset currency, to exchange for a certain amount of US dollars
bitcoin has now become a means of online and offline payment, and many countries have accepted this way, but it has not been accepted by the whole world
< H2 > extended data:
unlike all currencies, bitcoin does not rely on specific currency institutions to issue. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, And the use of cryptography design to ensure the security of all aspects of money circulation
the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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 scarcitySocial security
1. Employment and insurance payment in Changzhou
2. The employer or the employer shall submit a written application to Changzhou Social Security Agency for the continuation of the social security relationship, and present the payment voucher issued by the original insured place
3. For those who meet the transfer in conditions, Changzhou social security agency will send the social security relationship transfer continuation contact letter to the social security agency of the original insured place< 4. After receiving the contact letter, the social security agency of the original insured place transfers the social insurance relationship and transfers the fund according to the regulations< 5. After the fund arrives at the account, Changzhou social security agency will take over the social insurance relationship and personal account with the information form, and inform the employer or the employee of the settlement
materials required for transferring endowment insurance to other places: 1. An original and a of the "basic endowment insurance payment certificate" issued by the social security institution of the original insured place; 2. Transfer person's ID card (agent: of transfer person's ID card, agent's ID card; Person in charge of the unit: official seal of the unit)
materials required for medical insurance transfer in other places: 1. An original and a of the medical insurance "insurance certificate" issued by the social security institution of the original insured place (the transfer out of the province can be applied for directly); 2. Transfer person's ID card (agent: of transfer person's ID card, agent's ID card)
please go to window 28 of social security hall on the second floor of Changzhou labor security service center (No.2 Hualong Lane) to apply for social security transfer proceres< After confirming the labor and personnel relationship between the employee and the employer in Changzhou, the employer will open a personal account of housing provident fund for the employee at the designated acceptance point of the provident fund center
(2) the employee should bring the storage card of housing provident fund (if the indivial account of housing provident fund is not opened locally, the employee should bring his / her ID card, and the supporting documents of establishing labor (personnel) relationship with the units in the city) to the center to handle the contact form of transferring the employee's housing provident fund into Changzhou
(3) the employee shall go to the housing provident fund management center of the place where the original unit is located to handle the transfer out proceres with the first sheet of "employee housing provident fund transfer into Changzhou contact form"
YBC is the abbreviation of English young business China, namely China Youth Entrepreneurship international program
the project refers to the youth entrepreneurship international program in the United Kingdom (the mode of supporting youth entrepreneurship), which mobilizes the strength of all sectors of society, especially the business sector, to provide consultation, financial, technical and network support for youth entrepreneurship, so as to help young people start their own businesses. YBC has established a special fund for youth entrepreneurship by accepting social donations and subsidies to provide interest free start-up funds, tutor guidance and other public welfare services for qualified young entrepreneurs
YBC help object should have the following conditions:
1, age between 18-35 years old
2. Unemployed, semi unemployed or unemployed
Have a good business idea and entrepreneurial passion4
the assessment is mainly to analyze and assess the young people's business plan, entrepreneurial ability and entrepreneurial prospects, so as to decide whether to help them with capital and entrepreneurship
extended information:
application process of YBC venture capital fund:
1. Download the "template of business plan" from the website of China Youth Entrepreneurship International Plan, Youth League Municipal Committee and Beijing Youth Palace, and fill in the indivial business plan as the reference idea
2. Submit the indivial business plan to the Beijing Office of China Youth Entrepreneurship international program by sending it to the Beijing Youth Talent email from the Internet [email protected] First screening of youth entrepreneurship projects by YBC Beijing Office After the project review committee of Beijing Office analyzed and evaluated the youth's entrepreneurial plan, entrepreneurial ability and entrepreneurial prospects, interviewed and inspected (the second screening)
6, evaluated and approved by the national office project review committee
7, and approved by the project, the youth signed the relevant agreement
source of reference: Internet - China Youth Entrepreneurship international program
source of reference: China Youth Entrepreneurship International Program - process of applying for YBC venture capital