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Is bitcoin transaction a currency or not

Publish: 2021-04-21 20:25:35
1.

bitcoin is a fraud, so we must be cautious in investment and financial management

even if it is called "hard currency", the price of gold will not only rise but not fall. There is no bubble in gold, but the price is too high, there is a bubble, and the bubble will eventually burst, such as virtual currency such as bitcoin. The more general virtual currencies, the closer bitcoin's value is to zero

this kind of currency, which is a purely calculated digital symbol, has no asset support, no financial revenue and expenditure, no cash reserve and no use value. It is only a circulation symbol. Once it loses its credit guarantee, it is a pile of beautiful printed waste paper. Investors should be alert that there is no so-called safe investment in this world, and all investments are risky

the people's Bank of China and other departments issued a document to severely punish the above-mentioned behaviors, making it clear that token trading is not protected by law. With some virtual currency trading platforms turning to overseas, speculative money speculation has also turned to "underground". In the face of continuous renovation, on the basis of continuous strict supervision, government departments should constantly upgrade the means and ability of supervision, and continue to increase publicity and crackdown on popular science, so as to avoid the masses being deceived

extended information:

investing in virtual currency is more of a kind of speculation. Investors should strengthen their risk prevention awareness and identification ability. Without confirming the identity of the other party, they should not be involved in money transactions, trust low-risk and high return investment procts, especially not join the investment and financing group without verification, These are often well-designed traps by telecommunication network fraudsters

it's better to purchase the investment and financial management accompanied by the children, and learn from the official and authoritative channels, and report to the police in time when they are found to be cheated. Properly protect all kinds of account password, identity information, etc., don't tell others easily. Any reference to the need for transfer and remittance should arouse high vigilance and consult with trusted acquaintances

reference source: people's.com - uncover the crazy bitcoin: new Ponzi scheme of 800 yuan each<

People's website - three men set up bitcoin scam and made a profit of more than 150000 yuan and were sentenced

People's website - People's website comments on "analytic blockchain" part 3: how to avoid getting away from the real to the virtual

2. I have been using the okex trading platform. The so-called currency trading is aimed at the transactions between virtual currency and virtual currency. One currency is used as the pricing unit to buy other currencies. Currency trading rules are also based on price priority and time priority to complete matching transactions. I hope my answer can solve your problem
3. Bitcoin is an electronic currency proced by open source P2P software. digital currency is a kind of network virtual currency. Bitcoin is also paraphrased as "bitcoin.". Short for: BTC
bitcoin does not rely on specific currency institutions to issue. It is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is very similar to cash
the advantages of bitcoin are: no freezing, no tracking, no taxes, and extremely low transaction costs. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin is a relatively mainstream digital currency, which can be properly invested. There are risks in the transaction. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, which can trade bitcoin. These are relatively large trading platforms. Invest in mainstream digital currency, do not invest in counterfeit currency or air currency
bitcoin exchange can trade all kinds of digital currencies, and bitcoin wallet can only store bitcoin
4. Bitcoin trading is the business of bitcoin. Of course, you can make money by buying and selling bitcoin, but you should pay attention to that you may lose money

ten million investment roads, safety first, nonstandard operation, two lines of tears for relatives! The simplest is to hold bitcoin, and the most extreme is to leverage it all
the compromise is that in addition to holding BTC, we should also invest in some counterfeit currencies and use futures to do band. We should be conservative and only short, not long, but also lose money. If the owner of the building has a tendency to invest, it is suggested that you go first and learn about it.
5. Political function and economic function

because bitcoin has the following potential risks: first, high speculative risk; Second, high risk of money laundering; The third is the risk of being used by criminals or organizations. From the perspective of maintaining national security and social stability, it is a political function; It is an economic function to manage and supervise the enterprises and the market by ensuring the smooth operation of the market, ensuring fair competition and fair trade, and safeguarding the legitimate rights and interests of enterprises

bitcoin home has the notice and interpretation about the central bank and other five ministries and commissions

from the current situation, because the total amount of bitcoin is small, the scale of trading market is limited, and financial institutions are not directly involved in trading and investment activities. As long as necessary prevention and control measures are taken, the risks brought by bitcoin and other virtual commodities can be avoided to impact the financial system and affect financial stability and monetary policy. At the same time, as a virtual commodity, bitcoin's price fluctuation is not related to the real economy, and the scope of real economy transactions priced and paid by bitcoin is extremely limited. We can also strengthen prevention and control to avoid bitcoin and other virtual goods to impact the real economy. However, e to the high risk of speculation, money laundering and being used by criminals or organizations, bitcoin and other virtual commodities are still worthy of attention

since the emergence of bitcoin China, the first bitcoin trading website in China in 2011, dozens of similar virtual commodities have appeared in China in just a few years, and more than ten trading websites of bitcoin and lettercoin and other similar virtual commodities have been set up. The daily bitcoin trading volume in peak period accounts for more than half of the world's bitcoin trading volume. With the help of the concepts of "internet currency", "future trend" and "digital gold", the trading of bitcoin and other similar virtual commodities has changed from simple trading to high-risk speculative activities such as "financing currency" and leverage trading. Compared with bitcoin, there is still a lack of sufficient understanding of bitcoin and a large number of ordinary people participate in it, Holding, using and trading bitcoin out of the mentality of following the trend or speculation will cause great losses. If it is not restricted, it will not only affect the seriousness of RMB as China's sovereign currency, but also damage the property rights and interests of the public.
6.

What is blockchain? How far is it from our life? A Alipay warm dad engineer used a fairy tale to explain the problem. p>

however, after watching the story of rat king, the boy named big asked his father a question when he made a video phone call with his father: where did big come from? Can this process be traced by blockchain

content source: Sohu

7. The smallest unit of bitcoin is Satoshi Cong, 1 Cong = 0.00000001 bitcoin, 1 Satoshi = 0.00000001 BTC.
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