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Bitcoin hearing in the United States

Publish: 2021-04-12 05:51:28
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. Possible factors for the rise of bitcoin. 1. Bitcoin futures rose on the first day of listing on the US stock exchange. Wall Street investors bought bitcoin for the first time, and the price of digital currency futures jumped about 20%. Bitcoin has risen this year. According to the Los Angeles Times, the US market has bought second-hand housing mortgage loans to buy bitcoin. 2. At present, the trading volume of bitcoin is relatively low, and most investors are optimistic about oil, gold, wheat and other commodities, or the stock market. The future direction of bitcoin is unknown, futures prices show that prices are rising, but investors are cautious about the market falling into bubbles and speculation. 3. JPMorgan said bitcoin was a fraud. The Chicago Mercantile Exchange will start trading bitcoin futures on December 18, with gold slightly lower and its value supporting the gold price. Bitcoin has no value, only the price rises.
3. First of all, we need to study a question
who needs to cash in bitcoin

he is a virtual currency, and the virtual currency is not supported by the national credit, so if the company that issued the currency fails, your assets will be wasted< But why do so many people use it?
one is speculation and the other is money laundering. No matter which one is for national management, it can not be allowed.
4. At present, only at home, at present, only at home will not be suppressed by the United States.
5.

Because f acebook wants to be recognized by Swiss currency, it has to apply for payment license . Swiss bank may be in charge of this part. After all, Swiss bank's confidentiality is absolute. According to the issuance plan of Libra, the financial services provided by this digital money bank plan will significantly exceed the simple payment system, which means that the more demand is


, FINMA said on Wednesday, It is expected to provide digital trading and payment services to billions of potential users. But then, many central banks, finance ministers, legislators and many privacy organizations around the world questioned Libra and expressed concern (Li Ming)

6.

bitcoin, the richest man in the coin circle, has made 100 times of investment income. Tesla's musk, Meitu and other enterprises have bought bitcoin, and their intervention positions are relatively low, which makes them all make a lot of money

with the continuous development of our economy, the popularity of the Internet is getting faster and faster, and emerging instries are also developing. Bitcoin, as a representative of emerging instries, has been sought after by many people, which also makes many people make a lot of money. Bitcoin, the richest man in the coin circle, has made 100 times of investment income. Many successful entrepreneurs and companies have invested in bitcoin. Tesla's Musk bought $1.5 billion of bitcoin at $40000, and listed company Matteo also bought more than $40 million of bitcoin after consideration, which makes them all make a lot of money

Will you buy bitcoin

I will not buy bitcoin myself. The main reason is that the price is too high. The price of a bitcoin is more than 300000 RMB, and the fluctuation of bitcoin is very large. Most people can't bear it, and the risk is relatively large. I don't recommend ordinary investors to participate in bitcoin, because it is a high-yield and high-risk project, which is difficult for ordinary people to grasp

7. Compared with the U.S. dollar, the king of global currencies, bitcoin is still a "small potato". Although the market value of bitcoin has risen to more than $1 trillion, the proportion is still small compared with the circulation supply of $19.4 trillion. However, it can not be ignored that the market value of bitcoin has increased about 55 times in the past four years and more than 100 times in the past seven years. Therefore, it is not impossible to compare bitcoin with the US dollar

a sub committee of the House Financial Services Committee will discuss how to prevent access to KB financing, including cryptocurrency. The US national security, international development and monetary policy sub committee will hold a hearing. The hearing will assess the "overall growth" in the popularity of cryptocurrencies as banks begin to tighten financing measures because of cryptocurrencies, the Commission said. In addition, US Treasury Secretary John Yellen has mentioned at least three times in the past five weeks that the use of cryptocurrency is a key issue
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