Li Qiyuan bitcoin

1. Unknowingly, bitcoin has been in dispute for nearly eight years. Since its birth, people have loved and hated bitcoin. Supporters firmly believe that bitcoin can subvert the existing monetary system, while opponents think it is worthless<

recently, the identity of Satoshi Nakamoto, the father of bitcoin, was accidentally exposed, which made bitcoin, which had graally faded out of the public's view, hot again. However, Craig, an Australian businessman with low-key and simple daily behavior, is still in the market; It took only five days for Craig Wright to admit that he had no courage to give up and prove that he was Nakamoto

not surprisingly, the mystery of "Nakamoto Tsung" will continue

"the twists and turns of Zhongben Cong's identity have not brought significant impact on the bitcoin market," Li Qiyuan, President of bitcoin China (BTCC), said in an interview with the first Financial Daily yesterday (May 9). As an innovative thing, bitcoin has been able to survive and grow steadily in the past few years, marking a kind of success. Liu Shengjun, executive vice president of China Europe Lujiazui Institute of international finance, is worried about the development prospect of bitcoin. "At present, no government is willing to give up its management power and accept bitcoin to replace legal tender."< On November 1, 2008, Nakamoto published a research report in a secret cryptography discussion group, in which the concept of bitcoin was first proposed. In 2009, the world's first bitcoin algorithm software appeared. In just four years after that, the price of bitcoin increased by hundreds or even thousands of times, which eclipsed other investment targets

as the creator of bitcoin, "Nakamoto Tsung" not only grasps the most core technology, but also increases people's curiosity and speculation about his real identity because of its huge wealth brought by about 1 million bitcoins (the current price of one bitcoin is about 2970 yuan)< On May 2, Wright publicly told several major overseas media that he was the so-called "Nakamoto Tsung", the founder of bitcoin, which aroused heated discussion in the market<

(the price trend of bitcoin in the past year)

Wright, 46, is a computer scientist and an entrepreneur. When he introced himself at the 2015 bitcoin investor conference, he said that he was a scholar, engaged in business research, and had a doctor of law and a master's degree in statistics

according to foreign mainstream media, Wright confirmed his identity as "Nakamoto Tsung" from a technical point of view by using the bitcoin owned by the founder of bitcoin. Wright also said publicly that it was not easy to make a decision to disclose his identity, and the reason for his clarification was his love and concern for his work, which he "hoped to eliminate the false legends and worries surrounding bitcoin"

as the Internet world continues to argue about Wright's real identity, the plot takes a major turn< On May 6, Wright suddenly published an open letter entitled "I'm sorry", saying that he "has no courage" to continue to prove his identity as "Nakamoto Tsung"

"I believed that I could end the years of hiding and hiding. However, with the events of the past week fermenting, I was going to publish the evidence that I had the initial block, but I couldn't stand it. I don't have the courage. I can't do it. " Wright said<

Wright once said in his public identity that he did not want money, nor did he want to be famous, nor did he want to be worshipped, but only wanted to be alone. Li Qiyuan told China Business Daily that if he really wanted to live his own life, why did he suddenly choose to expose his identity

obviously, the emergence of Wright has not completely ended the mystery of "Nakamoto" and investors are more concerned about the impact of "Nakamoto" on the price of bitcoin

Gong Ming, the founder of blockchain pencil, told the first financial daily that the identity of "Zhongben cong" will not have a substantial impact on the market, but is more symbolic. Unless "Nakamoto Tsung" sells a lot of bitcoin, it will not have an impact on the price of bitcoin. "From 2009 to now," Nakamoto Tsung "is not a person who has a strong desire for money and will not buy or sell bitcoin because of the high or low value of the currency."< Recently, Zug, a small Swiss town, announced that from July 1 this year, buyers will be allowed to pay for its public services with bitcoin as the payment method. Although there are still great limitations in the scope and amount of this payment method, the small progress is enough to cheer bitcoin's staunch admirers

from the beginning, virtual goods can only be purchased on the Internet, to now, bitcoin can be converted into multi-national currencies, and there are many twists and turns along the way

in February 2014, Mt. GOx, the world's largest bitcoin trading platform at that time, said that bitcoin was stolen e to large-scale hacker attacks, with a total loss of $470 million, and the platform declared bankruptcy. Affected by this, the price of bitcoin plummeted from more than $600 to $102 in just a few seconds, a drop of 83%

in January 2015, bitstamp, one of the most reliable bitcoin trading platforms in the world, was attacked by hackers, resulting in the theft of at least US $5 million of bitcoin, causing panic among some cryptocurrency holders. The openness and security of bitcoin cause instry concern. When the negative news came out, bitcoin was finally recognized by the regulatory authorities

in September 2015, the US Commodity Futures Trading Commission (CFTC) confirmed for the first time that bitcoin and other virtual currencies are defined as commodities, which means that bitcoin is classified as commodities like gold and oil, and trading behavior will comply with all commodity derivatives market rules; In October of the same year, the European Court of justice formally ruled that bitcoin and other virtual currencies in Europe should be exempt from VAT just like traditional currencies. Because according to the relevant provisions of the EU, "currencies, bank bills and coins used as legal tender" do not need to pay VAT. Bitcoin has taken a solid step towards legalization

nevertheless, the market is still worried about whether bitcoin, which reached a historical peak of more than 8000 yuan in 2013, can return to its former glory

at present, the price of bitcoin is hovering around 2900 yuan, which is much more stable than the previous ups and downs, and the trading volume of bitcoin has also dropped significantly

"I don't think bitcoin has changed from hot to cold. Compared with the sharp rise and overheating in 2013, I think it is now the normal price of bitcoin. In 2013, bitcoin rose from tens of dollars in January to thousands of dollars in less than a year, overdrawing the later increase, so it has been falling back after 2013." Gong Ming told the first financial daily

how much is bitcoin worth? It is estimated that bitcoin players, exchanges, mining machine manufacturers and even bitcoin creators can not give an accurate answer

although the value of bitcoin cannot be determined, one thing is certain that the number of bitcoins is certain. Because the "issuance" of bitcoin depends on complex calculation, it is essentially different from the "printing" mode of traditional currency issuance. The total amount of bitcoin graally increases according to the design predetermined rate, and the increase rate graally slows down, and finally reaches the limit of 21 million in 2140. The instry estimates that the total amount has reached 15.5 million

Li Qiyuan believes that the limited number of bitcoin is in sharp contrast to the inflation and the decline in the purchasing power of fiat money caused by the massive printing of money by central banks“ The goal of bitcoin is not to replace the existing currency, but to become a universal digital asset in the world and provide convenience for people's lives. "

it is generally expected that with the departure of short-term speculators, the continuous development of bitcoin related applications and the improvement of infrastructure, the digital currency represented by bitcoin will be in a benign development stage

in addition to bitcoin, there are also outstanding digital currencies such as lightcoin, Ethereum, dogcoin and Ruitai coin.

2.

The concept of 21 million

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

bitcoin is not issued in unlimited quantity, which is different from most currencies. Bitcoin does not rely on a specific currency issuer. But according to the specific algorithm, through a large number of calculations. Its circulation is controlled by software algorithms. The total number is 21 million

extended materials:

generation principle

starting from the essence of bitcoin, the essence of bitcoin is actually the 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[ 10] 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

3. Bitcoin is a kind of e-coin proced by open source P2P software. Digital coin is a kind of network virtual asset. Bitcoin is also paraphrased as "bitcoin."
bitcoin was born in 2009. It is based on a set of cipher codes and generated by complex algorithms. It can be circulated around the world by any computer connected to the Internet. Anyone can mine, buy, sell or collect bitcoin. Due to its scarcity, cashability, tradability and extremely low cost of Internet payment (especially micro payment), bitcoin has evolved into a virtual digital asset with real price. It is reported that a large number of Internet companies including Internet companies in China have accepted bitcoin payment; In foreign countries, bitcoin has been more widely accepted, and there are tens of thousands of Internet businesses supporting bitcoin payment[ 1]
bitcoin China is the largest bitcoin trading platform in China. The main body of bitcoin China is Shanghai sutexi Network Co., Ltd. the legal representative is Bobby Christopher Lee (English name of Li Qiyuan). The registration date is July 9, 2013, and the registered capital is RMB 1.2 million< br />

4. It is easy to understand that the main reason is that the negative impact on China's economy and society is unforgivable. First of all, these computer geniuses have a good desire to create algorithmic digital currency, but because it has no value base, the consideration of bitcoin is dominated by underground economy from the beginning, and then it becomes a tool for speculation. Secondly, every surge of bitcoin is related to Chinese speculators, which is basically the result of domestic speculation and malicious speculation. This kind of malicious speculation not only has a serious impact on China's financial market, but also creates conditions for many illegal funds to flee. Third, bitcoin and other algorithmic currencies have never served the real economy in China, and have promoted the development of the real economy. On the contrary, let the funds serving the real economy flow into the market for speculation, which has a serious crowding out effect on the real economy. Fourth, under the above circumstances, bitcoin and other so-called "algorithmic digital currencies" will surely become increasingly tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal and criminal activities, and the responsible government must absolutely own this market.

5.

On Tuesday, Beijing time, China's first bitcoin exchange said it had been acquired by an unnamed Hong Kong blockchain investment fund

"today's acquisition is a milestone for BTCC, and also a recognition and reward for our achievements in recent years," said Li Qiyuan, co-founder of BTCC. "The introction of resources will help BTCC develop its business more strongly and actively from 2018. I am very excited about this."

6. Since September 16, 2015, bitcoin China officially announced that it would be renamed BTCC. In the eyes of the public, bitcoin China is equivalent to BTCC. BTCC has always been regarded as the abbreviation of btcchina. Translated into Chinese, it is bitcoin China. The reason why BTCC is named is that bitcoin China wants to implement its globalization strategy after it has developed to a certain stage, So a foreign name is more helpful for BTCC to go abroad. Li Qiyuan, co-founder of BTCC, introced another English meaning of BTCC at that time: blockchain technologies & cryptocurrencies, which means blockchain technology and cryptocurrency in Chinese
bitcoin China's actions in the past six months have been very frequent, first clarifying that it has nothing to do with BTCC, then the acquisition of Founder Yang Linke, and then the investment in ZG exchange. It's really a happy life, causing one agitation after another. However, although bitcoin China is still called bitcoin China, it's not bitcoin China before

as the first most influential exchange in China at that time, I believe that no one in the circle did not know the name of bitcoin China. According to the public information, bitcoin China is an early digital asset trading platform in China, operated by Shanghai satuxi Network Co., Ltd. and established in Shanghai in June 2011, The trading platform was closed on September 30, 2017. It is no exaggeration to say that bitcoin China was in its prime, and the exchanges of fire coin, okex and coin an were still in their infancy. Why are the exchanges of fire coin and OK still in their infancy, while bitcoin China exchange disappeared? The main reason is that bitcoin China is the only exchange among several exchanges that has issued icocoin, and the ICO issue is a heavy blow to the 94 incident. The so-called "shooting out the head bird", bitcoin China exchange has to choose to close down. It is worth mentioning that the founder of icocoin is Yang Linke. It's really a failure!

7. Lettercoin is network currency
litecoin (abbreviated as LTC, currency symbol: Ł) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.

8. On the last day of the 19th century, famous European scientists gathered together. At the meeting, W? Thomson (Baron Kelvin) made a new year's speech. Looking back on the great achievements of physics, he said that the physics building has been completed, and only some decoration work remains. At the same time, while looking forward to the future of physics in the 20th century, he said thoughtfully: "the dynamic theory affirms that heat and light are two ways of motion. Now, its beautiful and clear sky is covered by two dark clouds." the first dark cloud appears in the wave theory of light, ”"The second dark cloud appears in the Maxwell Boltzmann theory of equipartition of energy." W. In April 1900, Thomson published an article entitled "dark clouds over the dynamic theory of heat and light in the 19th century". The first dark cloud he said mainly refers to the contradiction between the results of Michelson Morey experiment and the theory of ether drift; What he said about the second dark cloud mainly refers to the results of the theoretical interpretation of the specific heat of gas and the potential radiation spectrum by the energy equipartition rule in thermodynamics, which are different from the experimental results, especially the "ultraviolet disaster" in the blackbody radiation theory. Kelvin is an outstanding theoretical physics and experimental physicist in 19th century England. He is an influential authority in physics. His statement tells the basic situation of physics development to the end of 19th century and reflects the main trend of thought in the field of physics at that time
physics developed to the end of the 19th century, which can be said to be quite perfect and mature. All physical phenomena seem to be able to get satisfactory answers from the corresponding theories. For example, all mechanical phenomena can be explained from classical mechanics in principle. Newtonian mechanics and analytical mechanics have become effective tools to solve mechanical problems. For the analysis of electromagnetic phenomena, Maxwell's electromagnetic field theory has been formed, which is the unified theory of electromagnetic field. This theory can also be used to explain the basic problems of wave optics. As for the thermal phenomenon, there are phenomenological thermodynamics and statistical mechanics theories, which can make a reasonable explanation for the macroscopic law of the thermal motion of matter and the microscopic statistical law of the thermal motion of molecules. In a word, the classical physics building with classical mechanics, classical electromagnetic theory and classical statistical mechanics as the three pillars has been built, and the foundation is solid and magnificent! Under such circumstances, it is no wonder that physicists will feel intoxicated and feel that physics has achieved great success, thus asserting that they will not be able to do anything in the future. At that time, this kind of thought not only existed universally in physics, but also had a long history
Planck made a speech in 1924. In his speech, he recalled that when he was studying physics at the University of Munich in 1875, his physics teacher P. Jolie (1809-1884) advised him not to study pure theory, because physics "is a highly developed and almost perfect science". Now this science "seems very close to taking the most stable form.". Perhaps, there is a st or a small bubble in a corner, which can be studied and classified. However, as a complete system, it is established firmly enough. And theoretical physics is clearly approaching the level of perfection that geometry has had for hundreds of years. " Another famous teacher of Planck, G? Kirchhoff (1824-1887) also said a similar thing, he said that "physics has done nothing but add a few numbers after the decimal point of the known law." Although Kelvin's evaluation of the achievements of physics is too extreme, he can find "two dark clouds" in the clear sky and is worried about them, which shows that he is far sighted. The history of the development of physics shows that it is these two small dark clouds that finally led to a big storm
the first dark cloud -- Michelson Morey experiment and the collapse of "Ether" theory. Sunlight passes through a vacuum to the earth, and light from galaxies billions of light-years away also passes through space to the earth. Why can light wave propagate in vacuum? What is its medium of transmission? Physicists have found a medium for light transmission - "Ether"
Aristotle, the ancient Greek philosopher, first proposed "Ether". Aristotle thought that the lower boundary was composed of fire, water, earth and air; Add the fifth element to the upper bound, "Ether". After Newton discovered the universal gravitation, he met a difficult problem: in the vacuum of the universe, what medium does gravitation propagate? In order to find a complete solution, Newton revived Aristotle's "Ether" theory, and believed that "Ether" was the propagation medium of gravity in the cosmic vacuum. Later, physicists developed the theory of "Ether", believing that "Ether" is also the medium of light wave propagation. Light, like gravity, is transmitted by the ether. They also assume that the whole universe is full of "Ether", which is a thin, imperceptible medium composed of very small elastic spheres. In the 19th century, Maxwell's electromagnetic theory also described the medium that transmits light and electromagnetic waves as a kind of "Ether" that has no weight and can absolutely penetrate“ "Ether" not only has the nature of electromagnetism, but also is the transmitter of electromagnetic effect, and also has the nature of mechanical mechanics. It is an absolutely static reference frame, and all movements are relative to it. In this way, the electromagnetic theory is consistent with Newtonian mechanics“ The concept that "Ether" is the common carrier of light, electricity and magnetism is generally accepted by people, forming a "etherology"
however, after confirming the existence of "Ether", a new problem arises: if the earth moves around the sun at the speed of 30 kilometers per second, it must encounter the wind of 30 kilometers per second. At the same time, it must also have an impact on the propagation of light. The emergence of this problem causes people to explore whether "yitaifeng" exists or not< In 1887, Michelson (1852-1931) cooperated with American chemist and physicist Murray (1838-1923) to carry out a famous experiment in Cleveland: "Michelson Murray experiment", namely "ether drift experiment". The experimental results show that no matter the direction of the earth's motion is the same as or opposite to the direction of light, the measured speed of light is the same, and there is no relative motion between the earth and the "Ether". Therefore, there is no "Ether" or "absolutely static space". Because this experiment is easy to understand in theory and accurate and reliable in method, there is no doubt that the experimental result denies the existence of "Ether"
the Michelson Morey experiment puts scientists in a dilemma. They may have to abandon the etheric theory that has explained many phenomena of electromagnetism and light. If they dare not give up ether, then they must give up Copernican's theory of earth movement, which is older than etherology. Classical physics is at a loss in the face of this famous experiment
the second dark cloud -- blackbody radiation and "ultraviolet disaster"
at the same temperature, the brightness and color (wavelength) of different objects are different. Dark objects have strong ability to absorb radiation. For example, the absorption rate of coal to electromagnetic wave can reach about 80%. The so-called "blackbody" refers to the ideal object that can absorb all external radiation without any reflection and transmission, and the absorptivity is 100%. There is no real blackbody, but a cavity with a small hole on its surface can be regarded as an approximate blackbody. Because the radiation entering the cavity through the small hole will not leak out from the small hole after many times of reflection and absorption in the cavity
at the end of the 19th century, lummer (1860-1925) and others' famous experiment blackbody radiation experiment found that the energy of blackbody radiation is not continuous, and its distribution according to wavelength is only related to the temperature of blackbody. From the perspective of classical physics, the results of this experiment are incredible
how to explain the results of blackbody radiation experiment? At that time, people started from classical physics to find the laws of experiments. Incorrect premise and starting point lead to failure in the end. For example, Wien, a German physicist, established a formula for the distribution of blackbody radiation energy according to wavelength, but this formula is only consistent with the experimental facts when the wavelength is relatively short and the temperature is relatively low. British physicist Rayleigh and physicist, astronomer King think that energy is a continuous change of physical quantity, establish the blackbody radiation formula which is more consistent with the experimental facts when the wavelength is longer and the temperature is higher. However, according to the Rayleigh gins formula, in the short wavelength region (ultraviolet region), the radiation intensity can increase endlessly with the shortening of the wavelength, which is far from the experimental data. So this failure was called "ultraviolet disaster" by Ellen fester. Its failure undoubtedly indicates the failure of classical physics theory in the problem of blackbody radiation, so it is also the "disaster" of the whole classical physics.

9. Let me guess it's not against the law. The game agent itself has this right. It can do whatever the server wants.