Bitcoin and Wuyi
1. The concept range is different. bitcoin is a kind of digital currency, and the concept of digital currency covers bitcoin
However, some digital currencies have independent issuers The biggest difference between bitcoin and other virtual currencies is that the total quantity of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 milliondigital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Bitcoin is a digital currency
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold
today's digital currencies, such as bitcoin, lettercoin and ppcoin, are electronic currencies created, issued and circulated by means of check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
illegal digital currency
in recent years, "virtual currency" represented by bitcoin, Ethernet currency and Leyte currency has been traded centrally on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life
not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender (legal currency) issued by monetary authorities, but a specific virtual commodity in essence
therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing
according to the currency conversion ratio on January 3, 2020, one bitcoin = RMB 47000
compared with fiat money, bitcoin has no centralized issuer. It is generated by the calculation of network nodes. Anyone can participate in the proction of bitcoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can dig, buy, sell or receive bitcoin, And in the transaction process, foreigners can not identify the user's identity information
the global financial crisis broke out in 2008. On November 1, 2008, a person who called himself Satoshi Nakamoto published bitcoin white paper "bitcoin: a peer-to-peer e-cash system" on the P2P foundation website, stating a new idea for e-money bitcoin came out. On January 3, 2009, bitcoin Genesis block was born
whenever bitcoin comes into the view of mainstream media, mainstream media always ask some mainstream economists to analyze bitcoin. Earlier, these analyses focused on whether bitcoin was a scam. Now the analysis focuses on whether bitcoin can become the mainstream currency in the future. The focus of the debate is often on the deflationary nature of bitcoin
extended data:
currency features:
Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
Global Circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive ownership: private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
are deceptive
I just tried the function of yu'ebao
(1) RMB recharge purchase π First, according to the exchange rate (RMB 6.74 to US $1 on July 26, 2017), it will be converted into US dollars, and then it will be purchased at the rate of US $5.98 on July 28, 2017 π Purchase π In the process of recharging, the handling fee is charged in US dollars. The service charge is still very high (they say it's 6% of the total). You can transfer the funds π In this "yu'ebao", 10 days of appreciation will not bring back the money of handling charges. So I feel like it's a hoax< br />2 π It's expensive to buy coins on the app's exchange (5.98 U.S. dollars to 1 π 97 dollars to 1 π Currency). I just hope you put the money in it and don't withdraw it, waiting for appreciation and occupying your money. As long as it turns into RMB, it will be sold and it will lose money. So I feel like it's a hoax
(3) this π Currency is not the currency issued by the state in the form of economy (equivalent to gold or monetary credit of the State Finance), but the virtual value issued by a certain group, which will have risks. You only need a mobile phone number to register, not an ID card. It means that it is not a national act, and the currency value will have the risk of cashing and cashing. In other words, if the app is banned or closed by the competent department of the national government, there will be no virtual currency purchased by RMB recharged by itself. So I feel like it's a hoax.