Bitcoin black money

1.

bitcoin is just a game. If it is promoted as a tool to get rich, it can be regarded as a fraud. Just like the currency in other online games, the only difference is that bitcoin has been standardized since the game was first formulated. It can't be issued indiscriminately, so it can keep its value better than other virtual game props. It is equivalent to the online collection. Bitcoin is a prop in the game, and its value is reflected in the recognition of bitcoin by players: more people play, the value of props in the game is higher; The risk is that he is not the only game, and his algorithm is not the only one. Maybe someone will be able to make other special coins soon. All you need to do is promote the game and sell your props. As for money, bitcoin does not have the basic attributes of money, such as unfair initial distribution and insecure circulation. Money needs to be maintained by the state machine

< H2 > extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software and the P2P network on it were designed and released. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Unlike most 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 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

1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals

2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to a number of regulatory authorities of the federal government of the United States, hoping that relevant institutions would pay attention to the status quo of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency

3. On May 12, 2017, a global outbreak of bitcoin virus madly attacked public and commercial systems! Nearly 74 countries in the world have been seriously attacked

4. From August 1, 2017, global bitcoin trading platform will suspend recharge and withdrawal services. Bitcoin China digital asset trading platform will stop new user registration on September 14, and all trading businesses will be stopped on September 30

< H2 > reference materials:

network bitcoin

2. Still, the police can find out and you can hide the truth

3. Because bitcoin is not monitored, there are several currencies in various countries. If you want to trade these currencies, you can easily trace the source. But bitcoin will not, because it is a digital currency, and it is not issued by any country, so it is impossible to trace its source. It's safe and convenient for those gangs to launder money with bitcoin

4. This kind of behavior belongs to economic crime. Bitcoin belongs to the virtual currency without permission of the state, so it violates the law of illegal fund-raising.

5.

Virtual currency is valuable because of its liquidity and not easy to query

a bitcoin system written by a pile of codes, from worthless to 100000 yuan, what is bitcoin? Why is it so valuable? Once you understand the nature of bitcoin, you won't just focus on currency price fluctuations. It can be said that the invention of bitcoin has given people unlimited imagination. Of course, the value of bitcoin is also determined by its demand. So who needs bitcoin in the first place? When we talk about how to reach a consensus on a broader level, let's first look at the essence of value. Why is gold valuable and what is its essence

in my opinion, a group of virtual currencies led by bitcoin will exist for a long time and will not replace the current legal tender. It will exist independent of fiat money and will not belong to any country. Some virtual currencies are recognized by some people first, and then graally form a wider circulation because of their value. More people reach this consensus, and finally they have the value of existence. Of course, most virtual currencies have no value and are aviation currencies. If a currency wants to exist for a long time, it must go through a long period of ups and downs, and constantly dig out its greater use value, in order to become a virtual currency with real value

6.

Bitcoin has become the most popular cryptocurrency in the world. Some countries allow the transaction of bitcoin, but some countries prohibit it. China belongs to the latter. Why does China shut down bitcoin trading? Let's analyze this problem today

bitcoin does not have the function of trading medium in China, so it can not be called currency. At the same time, bitcoin has the function of storing value and has certain investment value. However, the rapid rise of the current price has formed speculative anticipation and may form a bubble in the future. Therefore, it is necessary to take measures ahead of time, which can also restrain some illegal acts of laundering money and transferring assets through bitcoin. p>

7. It depends on whether the country admits it or not. The essence of money is commodity. Theoretically speaking, any commodity can become money, but from the perspective of transaction, the result is bound to be closer to things with consistent quality, stable and reliable nature, easy to measure, divide and preserve, and relatively stable output. Metal money, especially gold and silver, is a rule

since the rise of banks, people have replaced metal currency with paper money, but paper money is not a real currency, but a kind of bond (for example, five dollar bill printed with "Federal Reserve bond / United States of America / five dollar": "this bond is a legal currency, which can pay all public and private debts" -- Friedman: free choice). When these banknotes are monopolized by the government and forced to circulate, they become legal money. Legal money can not be directly converted into metal money of equal denomination, so it can not be regarded as real money

later, the credit attribute of money was developed. But credit must still rely on commodities, not commodities. Money made out of thin air is inflation, and its essence is the decline of the quality of money itself. Such as worn coins, such as insufficient money, such as token under partial reserve. If this kind of currency is forced to circulate, bad currency will be eliminated from good currency. On the contrary, if we let nature take its course, we will eliminate bad money from good money, because no one likes bad things. It is a process of anti inflation for good currency to eliminate bad currency.

8. If he is just a victim and you call the police to save him, the police will not involve money laundering according to his statement
there are a lot of pig killing plates, and more victims
please stay away from gambling.

9. Wait and see for a while. Choose a good wallet and deposit bitcoin first, such as coin paypal and coin bag

10. Ji Kuisheng, founder of lufax, told reporters: "massive cyber blackmail has caused more problems about bitcoin regulation." At present, it is difficult for regulators to track bitcoin accounts, but the flow of bitcoin transactions in the future should be tracked at least at the regulatory level
according to the report, three main persons in charge of GBL have been arrested. This is the first bitcoin criminal case handled by China's judiciary
Zhang Jun, partner of ten dimensional capital, told reporters: "there is no breakthrough in cyber crime from bitcoin. We can't track it unless we have informants or other intelligence. That's the price of anonymity, and that's why bitcoin is still illegal in many countries. "