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Pay in bitcoin in the US

Publish: 2021-05-29 11:32:21
1. Why should the United States recognize bitcoin as a legal financial instrument? Its purpose is to bring bitcoin into the financial regulatory system to protect the interests of ordinary investors. This is the same starting point as our central bank's announcement to ban bitcoin. A typical representative case is a case called Trenton? In 2011-2012, he amassed 700000 bitcoins with a total value of more than US $4.5 million, but he suddenly closed the trust in August 2012, and then claimed that bitcoin was not money and was not regulated by the US government. In order to protect the interests of investors, in August 2013, the court ruled that bitcoin as a financial instrument should be regulated by the US government. This is interpreted as "the United States recognized bitcoin"
2. Bitcoin itself is as worthless as money, which can be understood as a kind of credit. It is used to circulate and buy things. mining can be understood as that the computer is working, the electricity bill is needed, the cost is needed, and the investment has money or virtual currency. It's almost like work. It's just a different way, and so on
3. Bitcoin is a kind of cryptocurrency or electronic currency proced by open source P2P software. Generally speaking, it is to use the computing power of your mining equipment to calculate mathematical problems, confirm transactions on the network, and bitcoin network will give you certain bitcoin rewards according to how many mathematical problems you solve

there is no exchange rate for bitcoin. Because bitcoin is an electronic currency and is universally used, its exchange rate is the same as that of other legal currencies

bitcoin mining and node software is based on P2P network, digital signature and cryptographic evidence to initiate and verify transactions. Nodes broadcast transactions to the network. After these broadcast transactions are verified by miners, miners express their confirmation with their own work proof results. The confirmed transactions will be packaged into data blocks, and the data blocks will be strung together to form a continuous data block chain
every node of bitcoin will collect all the unconfirmed transactions and gather them into a data block, which will be integrated with the previous data block. The miner node will attach a random adjustment number and calculate the SHA-256 hash value of the previous data block. The mining node keeps trying again and again until it finds the random adjustment number so that the generated hash value is lower than a specific target
because hash operation is irreversible, it is very difficult to find the required random adjustment number, which requires a continuous trial and error process that can predict the total number. At this time, the workload proof mechanism will play a role. When a node finds a satisfactory solution, it can broadcast its results to the whole network. Other nodes can receive the new data block and check whether it meets the specification. If other nodes do meet the requirements by calculating the hash value, then the data block is valid, and other nodes will accept the data block and attach it to their own chain.
4.

The price of bitcoin has reached a new high and has returned to its peak in recent years. In this case, I would not choose to invest in bitcoin. There are two reasons. One is that the rise is bound to fall. Now the rise is really fierce, but once you go in, you may fall; Second, I don't know much about bitcoin, so I need experience in investment. A lot of old hands have lost all their money, not to mention I don't know anything. Personally, I prefer steady investment, even if I earn less, it doesn't matter

3. Steady investment

compared with bitcoin, which is a risky investment, I prefer steady investment. Like some basic funds, I buy some occasionally. Although you can't make a lot of money, you can at least guarantee that you won't lose. Everyone has their own views on investment, and what I always uphold is & lt; There are risks in the stock market, so be cautious when entering the market

5.

On March 12, bitcoin rallied and its price rose to $58139 , close to the record high set in February

according to assetdash's prediction, the market value of bitcoin may soon exceed that of alphabet, the parent company of Google, or even the money supply of won. However, bitcoin suddenly collapsed that night, spilling more than $3000 in two hours, which stunned many investors. "Safe haven assets" have become "high-risk" assets

Du Jun, co-founder of fire currency, said that although the recent rise in currency price has boosted market confidence and the instry is generally optimistic, it can not be ignored that the US inflation index CPI is in line with expectations, and the rise of the three major indexes of the US stock market also has an impact on the mood of the virtual money market. The recent rise of bitcoin has something to do with the massive purchase of bitcoin by many traditional companies

extended information:

a well-known trading platform was investigated

the collapse of bitcoin on the evening of 12 may be related to the news that a well-known trading platform was investigated

on the evening of March 12, some media reported that the US Commodity Futures Trading Commission (CFTC) was investigating the virtual currency trading platform coin an, and the investigation content was whether the company allowed us residents to trade its regulated derivatives illegally

according to people familiar with the matter, coin an is not registered with CFTC. But coin an has not been charged with misconct and the investigation may not lead to any enforcement action. The CFTC regards virtual currencies such as bitcoin and Ethernet as commodities and has jurisdiction over its futures and other derivatives. This means that if Americans trade on the virtual currency platform, no matter where the exchange is located, the platform will face strict customer protection and regulatory requirements

a person close to the trading platform told China Securities News that coin an had no major accident and strictly abided by the rules. At present, it is only under investigation

according to some people in the encryption instry, the investigation shows that the US regulatory authorities may prevent virtual currency investment from becoming the mainstream investment mode in the United States, and are stepping up the crackdown on virtual currency violations

6.

Tesla's US official website supports bitcoin payment, which I don't think is a kind of naked hype. 1. They accept bitcoin payment, which shows that they recognize the value of bitcoin. 2. Buying Tesla with bitcoin is an exchange of money and goods. There is no hype. 3. Tesla also bought 150 million bitcoin, so there is no need for hype

as a leading new energy enterprise, Tesla should be familiar with. Tesla cars are beautiful and cost-effective. Moreover, a Tesla factory has been set up in Shanghai, which enables many Chinese consumers to buy cheaper new energy vehicles in the future. Tesla's US official website supports bitcoin payment. I don't think it's a kind of naked hype, because they have bought 150 million bitcoins themselves. They recognize the value of bitcoin. If you use bitcoin, you can completely exchange it for new energy vehicles. It's an exchange of money and goods, which has nothing to do with hype

Tesla's US official website supports bitcoin payment. Their purpose is actually very simple, they want to have more bitcoin, so they have the voice of bitcoin, which is very beneficial to them , which is the real reason why they support bitcoin payment

7.

If the scale of a (general equivalent) trading market has grown to tens of billions of dollars, is there any reason for it to be connected to the numerous consumption systems of human beings

is it just because there is no & lt; A government & quot; Endorsement, so there is no right to participate in all kinds of markets

it is in this sense that we advocate that those manufacturers who can provide outstanding procts to the world should join the fair monetary system of Internet money as soon as possible

although bitcoin is still prone to sharp fluctuations in price (exchange rate), with the further growth of the scale of this kind of money market, it can be expected that its exchange rate fluctuations will graally stabilize

By then, as an international currency, it will be more worthy of its name. Of course, as the basic condition for the implementation of bitcoin payment, the network channel where a person lives can not be closed and restricted; Otherwise, we will lose the chance to use this kind of currency

8.

Tesla US official website supports bitcoin payment. Will you choose this payment method? I'm sure I won't choose this method of payment, because if we do it better than others, once our economy is seized by others, it's not a good phenomenon for our life and our society. Then it doesn't do us any good. Bitcoin, a currency that has been hyped by others, is dead in sight, that is, it doesn't survive for a long time, Therefore, it's better not to rely on bitcoin to run currency exchange for life, because the risk is particularly great and the profitability is not high in the face of this kind of living currency, so it's better not to use bitcoin for trading{ RRRRR}

generally speaking, we firmly believe that our current currency is very easy to use. We should never use bitcoin. Once people's operation is lost, the lifeline of life will be seized, and then our life will be dominated by others. So, bitcoin can't be used, Because this kind of hyped currency is not good for our life, and it will make us rely on this kind of virtual currency, which is not good for our life

9. The first time: the banking crisis in 1907
in October 1907, the U.S. banking crisis broke out, about half of the bank loans in New York were invested in high-risk stock markets and bonds as collateral by high interest return trust and investment companies, and the entire financial market fell into a state of extreme speculation
solution: the intervention of J.P. Morgan, the financier, may have a far-reaching impact. Morgan put a lot of his money on the table and convinced other New York bankers to do the same to strengthen the banking system<

the second time: 1929-1933 "Great Depression" of American economy
after the "First World War", the construction cost soared, which led to the development of steel, wood and other instries, thus enhancing the entire instrial output value. The excessive expansion of the real economy has far exceeded the market demand, prices have dropped sharply, profits have been squeezed, and companies have closed down and restructured frequently<

solutions: Roosevelt's new deal reorganized banks, adjusted instrial and agricultural proction, implemented social relief and work relief, so that the American economy could recover and develop, and guided the post-war capitalist countries to implement the policy of state intervention in economy<

the third time: 1973-1975 oil crisis
on June 5, 1967, with the support of the United States, Israel took the initiative to attack Egypt, Syria and Jordan, and the third Middle East War broke out. In 1973, the price of oil rose from $2.48 a barrel to $11.65. In an international market with shrinking demand, the sharp rise of oil price suddenly exacerbates the shrinking demand and the outbreak of overproction crisis, which leads to the recession of European and American economies
solutions: only by recing welfare expenditure, selling some state-owned enterprises and recing state intervention in the economy can the US economy graally get out of "stagflation" and have a huge rebound<

the fourth time: the US stock market crash in 1987
in September 1987, the US raised the official interest rate, and the Federal Republic of Germany also raised the interest rate with the US, which was immediately severely criticized by the then US Treasury Secretary Baker. Beck's words caused panic in the stock market, and investors began to short in the stock market and stock futures market. Because of the prevailing stylized trading and portfolio insurance trading mode on Wall Street at that time, in the process of rapid decline of the stock market, the closing price automatically sent by the computer accelerated the stock market crash, which led to the stock market crash
solution: the commitment of the Federal Reserve Board has slightly restored the confidence of the listed companies, and most companies continue to maintain repurchase behavior on "Black Monday", which graally restored the stock price<

the fifth time: the subprime mortgage crisis in 2007
the financial storm caused by the bankruptcy of subprime mortgage institutions, the forced closure of investment funds, and the violent shock of the stock market. The main reason is the lack of financial supervision system, Wall Street speculators take advantage of the system to cheat the public
solutions: through the establishment of macro prudential supervision mechanism, reshaping the financial supervision system, and through the reform of housing loan issuance proceres to plug the loopholes, the United States graally fell into the crisis.
10. Tsim Sha Tsui is a little closer

1. Take the East Rail Line (Lok Ma Chau line) (10 stops) from Futian port in Shenzhen to Lok Ma Chau Station, then take the Kwun Tong line (2 stops) to Prince Edward Station, then take the Tsuen Wan Line (4 stops) to Tsim Sha Tsui Station

2. Take the East Rail from Futian port in Shenzhen to Lok Ma Chau Station Line (Lok Ma Chau line) (take 10 stops) to MTR Kowloon Tong Station, transfer to Kwun Tong line (take 2 stops) to MTR Prince Edward Station, transfer to Tsuen Wan line (take 5 stops) to MTR Admiralty Station, transfer to Hong Kong Island Line (take 2 stops) to MTR Causeway Bay station
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