BTC move gold
bitcoin, a blockchain based digital currency, is often regarded as a global safe haven asset like gold. In this age of global turmoil, even gold has become unreliable and may be confiscated as India has. Some people have begun to think that bitcoin can replace gold, because bitcoin not only has the reserve capacity of gold, but also has some capabilities that gold does not have, such as low handling charges, rapid transfer capacity, decentralization and so on. With the increasing popularity of bitcoin and the decreasing volatility, the status of gold has been threatened
will bitcoin shake the status of gold?
gold has a long history, almost as long as the history of human civilization, and has withstood numerous tests in history. Bitcoin is less than a decade old, but its value has risen sharply. There is no support behind bitcoin. Of course, since the end of the gold standard, there has been no support from other currencies, except that there is no support from the central bank behind bitcoin. It's hard to predict whether bitcoin will exist in the next decade, a hundred years or even a thousand years.
consider manufacturing department only if you want to make equipment~~~
Guozun (Dalian) blockchain Technology Co., Ltd. is a limited liability company (invested or controlled by natural person) registered in Ganjingzi District, Dalian City, Liaoning Province on May 16, 2018, with its registered address at 182-6 Haimao street, Ganjingzi District, Dalian City, Liaoning Province
the unified social credit code / registration number of guozun (Dalian) blockchain Technology Co., Ltd. is 91210211ma0xr3u54d, and Xu Changchun, the legal person of the company, is currently in business
guozun (Dalian) blockchain Technology Co., Ltd. has a general registered capital in the province
guozun (Dalian) blockchain Technology Co., Ltd. has invested in one company with 0 branches
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There is no direct link between gold and bitcoin
neither of them is money: money is widely accepted as a medium of exchange, and gold is classified as money. To a large extent, it can be traced back to the early capitalist period, when gold could be used to exchange for anything, as a tradable tool and asset currency, to exchange for a certain amount of US dollars
bitcoin has now become a means of online and offline payment, and many countries have accepted this way, but it has not been accepted by the whole world
< H2 > extended data:
unlike all 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 the use of cryptography design to ensure the security of all aspects of money circulation
the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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 scarcityin fact, they have nothing to do with bitcoin. They just use bitcoin as a cover to carry out pyramid schemes. Hope that the majority of netizens to be vigilant, in order to prevent being cheated.
