Holding bitcoin
Those people are living a good life now, those who played bitcoin in the early days & lt; The pig of tuyere & quot; Made a lot of money
the discussion of bitcoin in many forums is no longer limited to & quot; Is bitcoin a scam;, Instead, it extends to & lt; Can bitcoin become a global currency in my opinion, bitcoin is a full digital bubble. A virtual currency constructed by algorithm has no national support behind it. Moreover, the scarcity of bitcoin will inevitably lead to its appreciation very quickly, especially under the guidance of market economy. behind the currencies used by countries in daily life are endorsements with national prestige, just like the reason why the US dollar circulates around the world is not because the strong national strength of the United States ensures the liquidity of the US dollar Nakamoto's original simple idea of letting bitcoin replace the currencies of various countries and become the object of global circulation is a joke in terms of power struggle between countriesLet's start with a simple conclusion: a year ago, the data showed that there were about 500000 BTC
two American brothers, Cameron winkleworth and Taylor winkleworth, claiming that they owned 1% of bitcoin [1] 1% of the world's bitcoin? At present, the total amount of bitcoin in the world is about 12 million, that is to say, the two brothers hold about 120000 bitcoins< maybe you don't think it's worth much, but note that the starting price of bitcoin for these two people is less than $10 / bitcoin
Please note that entities are used instead of people. In the analysis method of this paper, bitcoin wallets that may belong to the same owner are divided into the same entity, which may be not only a person, but also a trading organization like Mt. GOx in addition, through the analysis of the most active entity table given in this paper, the income of the people with the most income (excluding expenses) is less than 700000 BTC. In other words, the person with the most bitcoin will hold no more than 700000 bitcoins. How many people in the world own bitcoins? The paper concludes that as of May 13, 2012, 1.85 million entities hold bitcoin. If we assume that bitcoin users have grown linearly since the advent of bitcoin (January 2009), the current number should be 2.5 million. Because the number of entities is counted on paper, the actual number of bitcoin holders should be a little less than this number, but not much smaller, because after all, there are not many large trading platforms
In addition to the above two problems, [3] also gives many interesting conclusions, such as: < UL >about 55% of bitcoin can be saved without money
in places like GOx mountain, almost all deals are small ones
before May 2012, almost all large single transactions (& gt; 50000 BTC) are subsequent transactions of 90000 BTC on November 8, 2011. There are very strange patterns in this long list of transactions. For example, an entity divides 90000 BTCs into different sizes, sends them back to itself three times, and then sells them on Mt. GOx. 90000 BTCs sold are sent back to the entity through 90 different bitcoin addresses, with 1000 bitcoins per address. These operations indicate that the entity appears to be trying to hide the relationship between these transactions
1) two American brothers, Cameron Winklevoss and Tyler Winklevoss, claim to hold about 1% of bitcoin in the world? Now the total amount of bitcoin in the world is about 12 million BTC, that is to say, these two brothers hold about 120000 bitcoins. Maybe you don't think these are too valuable, but note that the starting price of bitcoin for these two people is below $10 / BTC. At the current market price of $430 / BTC, the yield is...... (2) Li Xiaolai claims that he is the first person in China to hold bitcoin, holding six digit bitcoin (no video link found.)
3) after the founder of the silk road was arrested, his 140000 bitcoin was seized by the FBI [2]
therefore, the people who have the most bitcoin should hold more than 1% of the world's total. This can be seen from the daily BTC holdings list
more systematic research comes from academia. The Israeli mathematician ADI Shamir (if the name is unfamiliar, he is the s in RSA algorithm) published a paper "quantitative analysis of the full bitcoin
transaction graph" in 2012, which analyzed the transaction records of the first 18000 blocks in the special currency system (as of May 13, 2012), This paper studies some interesting problems in bitcoin market
in their analysis results, at the end of the first 18000 blocks of chain, the entities with the most bitcoin holdings range from 200000 to 400000 BTC (the article does not give specific figures), and only one entity with more than 200000 bitcoin holdings. In history, the largest amount of money held was more than 500000 BTC, with two entities
note that "entity" is used instead of "person". In the analysis method of this paper, bitcoin wallets that may belong to the same owner are classified as the same entity. This entity may not only be a person, but also be a trading organization such as Mt. GOx
in addition, by analyzing the table of the most active entities given in the article, the income of the people with the most income (excluding expenses) is below 700000 BTC. In other words, the person who owns the most bitcoin will not hold more than 700000 BTC
According to the regulations of notice 2014-21 of the IRS:
1. The information range of virtual currency payment is consistent with that of other property payment
2. Virtual currency paid to service providers and independent contractors should be taxed, and the tax rules of freelance also apply to virtual currency. Taxpayers usually have to get form 1099-MISC
3. When using virtual currency to pay wages to employees, they must also pay taxes, and they also need to pay federal income tax and payroll tax
4. The third party accepting virtual currency settlement payment on behalf of the merchant must report the payment status in form1099-k, payment card and the third party network dealer
5. Based on the fact that the virtual currency in the hands of taxpayers is a kind of capital asset, the gains or losses in the transaction of virtual currency and the sales of virtual currency need to be taxed
extended information:
legal status of bitcoin in China
in China, the regulations on the administration of RMB prohibit the proction and sale of token tickets. Because there is no clear judicial interpretation of the definition of token ticket, if bitcoin is included in the "token ticket", the legal prospect of bitcoin in China will face uncertainty
the notice of the Ministry of culture and the Ministry of Commerce on strengthening the management of virtual currency of online games (Wen Shi Fa [2009] No. 20) on June 4, 2009 stated that the application scope of virtual currency of online games was defined for the first time, and the distinction between the current virtual currency of online games and the virtual props in the game was made; At the same time, the notice said that the "notice" stipulates that enterprises engaged in related services must be approved before they can operate< br />
Yes, many big companies have also bought bitcoin
On February 25, 2021, according to foreign media reports, although the price of bitcoin fluctuated significantly in recent days, it remained at a high level, which also made many investors optimistic about this cryptocurrency. After Tesla bought $1.5 billion bitcoin and square, an online payment company, bought more bitcoin, another company announced to buy 19000 more bitcoinsMicroStrategy, a business intelligence company that helps enterprises build business analysis and mobile applications, has purchased an additional 19000 bitcoins. They announced on Wednesday local time that they have purchased 19542 bitcoins
In November 2020, the price of bitcoin stood at US $15000 per coin on Thursday, the highest level since January 2018. Due to some events, the price of bitcoin has soared by more than 10% in the past two daysAnthony pompliano, co-founder and partner of Morgan Creek digital assets, a cryptocurrency investment company, said: "bitcoin is the biggest winner in the current macro environment. As we can see, after the market came out of the liquidity crisis in 2008, when the Federal Reserve's quantitative easing policy intervened, Inflation Hedging assets performed very well. "
bitcoin has been rising in the past few weeks after payment giant PayPal announced that it would use virtual currency to trade on its platform. The news reinforced long-standing expectations that cryptocurrencies such as bitcoin could become a more viable way of payment