Does bitcoin have monetary value

Publish: 2021-05-11 12:19:59

The original intention of Nakamoto's design of bitcoin is to build a point-to-point trading network that is decentralized, transaction information can not be tampered with, and the total amount of money is constant, so as to solve the problems of excessive issuance of legal currency and inflation

this is the value of bitcoin's initial design, to keep the purchasing power of money

But later, the development of bitcoin went against Nakamoto's idea. In the past nine years, the price of bitcoin soared by millions of times, creating countless myths of sudden wealth and driving another instry mining

the value of bitcoin has become a tool for "sudden wealth". More and more people join the bitcoin network, hoping to achieve financial freedom. Digital cryptocurrencies such as bitcoin have become investment procts, like diamonds or gold

by purchasing bitcoin, people can achieve the purpose of wealth appreciation and asset preservation in many troubled areas. At the same time, many people make use of the fluctuation of bitcoin price to speculate, such as moving bricks, making bands and so on

another important value of bitcoin can not be ignored is blockchain, the underlying technology of bitcoin. Because of the popularity of bitcoin, many companies and indivials begin to pay attention to blockchain, and constantly try to use blockchain technology to change the existing business and create new value. It is with the help of bitcoin that blockchain has achieved such rapid development

bitcoin is also a great social experiment for all mankind, which promotes the reform of the financial instry and gives many original things a new perspective

2. Mining and medicine are almost the same, depending on your fwq status
a single new server has the advantage of collecting herbs, which consumes a lot of water for reclaiming wasteland, and the inscriptions also use herbs

3. The general idea of "fragmentation" is to change each block in the blockchain network into a sub blockchain, in which several (currently 100) collations (which can be called "check blocks", in order to distinguish them from the concept of blocks in the scenario of fragmentation) packed with transaction data can be accommodated, and these collations finally form a block on the main chain; Because these collations exist as blocks as a whole, their data must be packaged and generated by a specific miner, which is essentially the same as the blocks in the existing protocol, so there is no need to add additional network confirmation. In this way, the trading capacity of each block will be expanded about 100 times; And this kind of design is also concive to future expansion. At present, the whole expansion plan is roughly divided into four stages; This article only introces the implementation details of the first phase. Transferred from Jianshu. Currency exchange of digital currency

4. Is it money? Did the recommender inform the recommender of the risk that I would break the law? Hello, this. This should not be against the law.

5. 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

Bitcoin (bitcoin: bitcoin) is a kind of network virtual currency, which can buy real-life goods. 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. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
on January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to several regulatory departments of the federal government of the United States, hoping that relevant institutions would pay attention to the status quo of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China, focusing on whether the enterprise carried out credit, payment, exchange and other related businesses without permission or license; Implementation of anti money laundering system; Fund security risks, etc. On January 12, 2017, the business management department of the people's Bank of China also entered the trading platforms such as "fire coin net" and "currency bank" in Beijing
on May 12, 2017, a global outbreak of bitcoin virus madly attacked public and commercial systems! Nearly 74 countries in the world have been seriously attacked
from August 1, 2017, global bitcoin trading platform will suspend recharge and withdrawal services. Bitcoin China digital asset trading platform will stop new user registration on September 14, and all trading businesses will be stopped on September 30

7. First of all, I always feel confused that the acquisition of original bitcoin does not depend on labor or value exchange, but on computer power consumption. From the perspective of miners, the acquisition cost of bitcoin is the electricity charges
secondly, bitcoin is obtained according to some algorithm. According to my understanding, there are specific parameters. As long as the parameters are changed, there will be nt and NT. As long as the formula is obtained and the parameters are slightly changed, a new currency will be generated
again: who gives it value? It is said that some people used a lot of bitcoin in exchange for a hamburger at the beginning, and now it can be sold for more than 2000 US dollars. The value depends on the number of speculators, so once I have fewer people, its price will definitely come down
when we talk about the value of bitcoin, we are actually talking about the value of bitcoin. In other words, we're talking about the value of bitcoin, essentially the price of bitcoin
how to measure the price of bitcoin? To take an extreme example, if there is a bitcoin tycoon who grabs all bitcoin through his amazing IQ, how many legal coins can he exchange? I think it's probably the only way to exchange these bitcoins for a hamburger< In fact, bitcoin has no practical value. It's a kind of artificial currency
in other words, virtual currency itself does not exist, because many people believed in it and later established order. It's a community behavior, a community of cultures and developers from all over the world. It establishes order through the Internet system. In essence, bitcoin is endowed with value by a common group, because many people believe it is valuable
similarly, the value consensus of legal currency is e to the endorsement of the government and the recognition of the value of the law, that is, the group consensus gives value
therefore, bitcoin can be regarded as valuable under certain circumstances, but the groups that give it value and the government are basically two different concepts, and the risk is much greater than that of legal currency
therefore, whether there is value or not depends on different opinions. PS: indivial investors are not recommended to speculate. Prices are all controlled by big investors. If others want to go up, they will go up, and if they want to go down, they will go down. Indivial investors are all cut leeks. Don't be jealous of how much money others earn
I hope my answer will be helpful to you and help him. Thank you.

8. 1. You can enter, but keep quiet
2. There are more students in winter, summer or weekend, and most of them go to study. 13.4 years old is not a child< There are many kinds of secretaries in magazines and newspapers. Not only for alts, there are many books suitable for your age, such as romance, science fiction, domestic and foreign novels
4. I won't get lost. It's very convenient to have a sign, but I think it's a little difficult to find books...
I hope I can help you!!

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Does bitcoin have monetary value

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