Bitcoin usage

1.

"Gold and silver are not money naturally, but money is gold and silver naturally." this is a sentence Marx said about money

How to understand? In fact, it is very simple that money is the inevitable proct of the development of human life. In the earliest stage, gold and silver were only used as a kind of metal or a kind of ordinary commodity to exchange things. However, with the development of society, people find that gold and silver are easy to separate, easy to preserve, easy to carry and other advantages, so the suitability of gold and silver as currency is reflected, and naturally evolved into currency

What about bitcoin

2. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design 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

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response time: January 20, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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3. Bitcoin is a kind of digital currency. Bitcoin can only be regarded as an electronic commodity in China. Bitcoin has become a legal currency in Germany. Bitcoin can be regarded as a collection. Collectors regard bitcoin as priceless, while non collectors regard bitcoin as worthless characters.

4. First, register and log in by email, and the second picture after login is the receiving address of bitcoin. If you want to pay to this address, you can transfer money to this address by using bitcoin wallet, or withdraw money to this address by using exchange

5. The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique. In the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client. After installing the bitcoin client, it will distribute a private key and a public key. You need to back up your wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost.

6. It's fake. Don't believe it. This is a Ponzi scheme on the Internet

7. Now Dell, Microsoft, Newegg and other global giants have accepted bitcoin payment, you can buy the procts or services of these businesses. Of course, if you are a merchant, you can also accept bitcoin through payment institutions, or you can directly convert the accepted bitcoin into legal tender through payment institutions. Since then, you can accept both bitcoin and legal currency, recing the risk of bitcoin volatility

in China, the biggest use is trading, earning a price difference, or for mortgage. Of course, it can also be used as a means of value storage.