How did the value of bitcoin come into being

1.

The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system. Bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network will get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer

2.

The emergence of bitcoin is based on a set of "payment system", and its value was first born because of the choice of "forced and helpless". In the later stage, bitcoin develops in the direction of digital assets and digital gold. In addition, there is a blind area of legal supervision, which gives opportunities to some lawless elements and people and institutions who like to speculate, In addition, some people dream of becoming rich overnight, which sets off a prosperous currency circle. As the world's first digital currency, bitcoin's value has soared tens of thousands of times

After the birth of bitcoin, people didn't understand it at first, but with the development of technology, many people began to preach and preach its value when they knew how to use it, and it was in line with the needs of some people and institutions, With the participation of capital and institutions, it has been pushed to a new height. Combined with the rise and fall of the price of bitcoin in the past five years, almost every big fall has been caused by frequent cutting of leeks. Due to the lack of supervision and extremely serious privatization, many people have not made a fortune overnight through the coin circle, but lost everything

4. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. 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. 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 scarcity

warm tips: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
the above explanation is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
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5. It's divided into price and value
1: value is the so-called currency born from the early decentralized blockchain Technology (in fact, the capital owns the centralized computing power, and the capital owns the centralized currency quantity, which may not be ideal here). At that time, people had certain expectations and beliefs. The decentralized low trust cost world chase was a good future imagination, which made most people recognize its value (of course, it also caused negative use value, which could not be controlled and regulated by the government, and provided a lot of extra convenience)
of course, some attributes of digital currency can be used for reference, Now countries are also in the trend of legal digital currency. Due to certain technical reasons, BTC may eventually disappear, or it is difficult to achieve the vision of believers. If there is no better change of technology, the limitation of technology will be phased out with the current development of science and technology
2: of course, the price is basically determined by market transactions. BTC is used by a lot of capital, and more value may be used as financial value Another common perception of price is that the quantity is limited and the output is getting slower and slower. With the increase of the use area, the scarcity increases the price, and the story of halving the price is also a good help for capitalists)
because it is a minority, there is no regulation, so the power of capital has a great impact on the price. The good effect of getting rich can attract more and more people to come into the market. The exchanges of various capital institutions have solved the problems of business instry, gained some additional operating income, and created instries (such as basic financial derivatives and more)
including this year's events, with the epidemic situation and the situation in the United States, new financial derivatives are manufactured by joint institutions. In the secondary market, a new circular wealth story is born. This mode is still relatively solid, with stable prices and rising prices. Of course, the final digester is the ordinary people
at the same time, the characteristics of BTC also lead to a part of human allocation of hedging assets
and so on, the price of BTC is proced under the game
personal final conclusion (for reference only): bitcoin is more of a kind of financial value, its use value is still limited at present, and it is also very difficult to promote in the future. If the technology does not evolve, it will still be small. Of course, the game of the world government is also a certain resistance
the current price is based on the financial game of institutions, and it is stable to a certain extent. The premise is that if there is no new large number of people participating in the game, the current rising trend will slow down, and the gray scale and institutions are also expanding the playing methods of other digital currencies (after all, the number of BTCs targeted by GBTC has accounted for more of the total BTCs - physical contribution plus less cash contribution), But there may still be a rise, but when it will be the top depends on the results of various games (I think there are several points: 1. How long can the game between the trading frequency and holding amount of BTC or other currencies in the primary market last, and when people's purchase and consumption will reach a limit. It can't be bought and sold all the time, there is a limit when what the 2. gradation and what the BTC of the GBTC corresponds to is the two level market digestion of the market, when it will be indigestion is also a game... Etc.)
BTC has bubble, and the financial game of capital is full of bubbles. Of course, this is the opportunity to get rich easily.
but the risk is very high, which is not suitable for the public. It can only be said that it depends on fortune and opportunity
BTC has big moves with every financial trend game
investment should be cautious.

6. In view of the above problems, there are three points worth pondering: first, why can't Chinese enterprises carry out the rule of law as effectively as foreign enterprises? Second, why do Chinese enterprises have to learn the rule of law like foreign enterprises? Third, is the success or failure of an enterprise important in theory or effect? If an enterprise boss blindly learns to imitate other people's enterprise management mode and ignores the enterprise's own growth environment, then your enterprise management will go into the wrong area
Why do small enterprises need law and large enterprises need law? Because enterprises need high human cost to improve, supervise and implement the management system. And the department work of small enterprises is not saturated, so the management can not proce benefits, so the boss is unable to support the human cost. If there are too many managers in an enterprise, not only the boss will not make money, but also the enterprise will be in debt. Basically, because the management has the final say, the rule of law management is not effective. For example, foreign employees can leave work without asking about the company. Is Chinese enterprises OK? A lot of boss's private affairs have become employees' work. After work in the evening, maybe the boss will call you back to work overtime. Can the staff not go? Can the boss stop calling? No, because the enterprise is too small, there are too many things, and it's too urgent. The boss is busy, but who doesn't he call you? This is China's national conditions. Foreign employees can shut down after work. Chinese employees can try to shut down. Maybe they will ask you to pack and leave the next day. Therefore, Chinese enterprises should not blindly learn from foreign enterprise management mode, because you are in China, not in foreign countries
Why do small businesses need to be governed by people? Because most small business owners can't afford to pay high wages, most of the talents they recruit are employees who are attracted by their own human relations. People help the boss to work regardless of pay for their emotional relationship. If the boss controls everything and doesn't trust the employees, who else will want to work with you. Therefore, the success of small businesses basically depends on the boss's personality charm in the leaders and influence people, rather than on the system in the managers. Although this kind of management method is unscientific, it is efficient. As a start-up enterprise, the effect is more important than the truth, so the little boss must not superstition what too deep enterprise management, suitable is the best
Why do large enterprises need the rule of law? Because the enterprise is big, there are many people, the boss's personal ability is limited, his language and behavior influence is also limited. If the enterprise does not have an effective management mechanism, then many important documents or important decisions of the enterprise can not be effectively implemented or communicated. There will be a big difference between what the employees do and what the boss thinks. So large enterprises need the rule of law. In addition, the advantage of the rule of law is to solve the unfair phenomenon of enterprises. Let employees compete and grow in a fair, just, open, reasonable and legal market environment. We have the responsibility to bear together, the fault to punish together, the goal to struggle together, the achievement to share together
the problem with most enterprises in China is that the boss does not know under what circumstances the enterprise should be governed by man and under what circumstances the enterprise should be governed by law. Because the development of Chinese enterprises is basically a process from the rule of man to the rule of law. Too early or too late rule of law will be detrimental to the development of enterprises. Therefore, too many enterprises in China either go bankrupt under the rule of man or disappear under the rule of law. Because the rule of man is too loose and the rule of law is too strict and cautious, enterprises often die as soon as they are in charge and mess as soon as they are released. The boss does not know whether the rule of law is good or the rule of man is good. More people lose prestige, less people lose cohesion. If you rule by law too early, you will be alone; If you rule by man too late, you will lose power. Therefore, it is a difficult process for an enterprise to change from rule by man to rule by law. First, the awareness of the boss, second, the determination of the boss, third, the courage of the boss, and at the same time, the opportunity should be grasped. Only in this way can the enterprise effectively transition from the rule of man to the rule of law, so as to make the enterprise develop healthily!

7. Four thousand dollars

8. Two words: hype. Without physical support and credit mortgage, bitcoin is pure hype props, and it is very easy to be used for money laundering, seriously affecting the financial order - that's why China has to ban bitcoin, and there are many measures to restrict bitcoin in other countries and regions
remember to adopt