Is the cycle of bitcoin reliable
bitcoin is just a game. If it is promoted as a tool to get rich, it can be regarded as a fraud. Just like the currency in other online games, the only difference is that bitcoin has been standardized since the game was first formulated. It can't be issued indiscriminately, so it can keep its value better than other virtual game props. It is equivalent to the online collection. Bitcoin is a prop in the game, and its value is reflected in the recognition of bitcoin by players: more people play, the value of props in the game is higher; The risk is that he is not the only game, and his algorithm is not the only one. Maybe someone will be able to make other special coins soon. All you need to do is promote the game and sell your props. As for money, bitcoin does not have the basic attributes of money, such as unfair initial distribution and insecure circulation. Money needs to be maintained by the state machine
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software and the P2P network on it were designed and released. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Unlike most 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 uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
1. 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
2. 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 a number of regulatory authorities 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
3. 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
4. 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
< H2 > reference materials: network bitcoin
Unreliable, there are some powerful hackers can brush out
paper money and bitcoin seem to be the same. First of all, you need to understand that bitcoin is not a virtual currency. Money is guaranteed. Paper money is guaranteed by national credit. Even game currency is guaranteed by the company, stocks are guaranteed by the company's asset revenue, and bitcoin is nothing without guarantee. Theoretically, everything can become money, but only theoretically. Shells used to be money, but now do you buy a few bags of shells? It's not because people think it doesn't guarantee that you can buy something useful
so as long as bitcoin doesn't have a credible guarantee, be careful of fraud. At present, it seems that tycoons are speculation, speculation arbitrage, and then escape the rhythm
in addition, no country will allow the existence of bitcoin, which is equivalent to the ancient private coins. The dominant position of the United States depends on the US dollar. The United States has no tolerance for the free exchange of other countries' currencies. The ultimate sign of China's rise is the full convertibility of RMB
virtual currency is the trend, but not bitcoin. It can be said that the probability of bitcoin becoming a currency is 100 times smaller than the first prize of the two color ball. I hope more people don't become victims
people who have been cheated will make up all kinds of lies to cheat others< br />
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