Bitcoin offline exchange point
Take bitcoin to the OTC platform and sell it in RMB
First, "private transactions" (private transactions between the withdrawer and others (people who need bitcoin) can realize their own bitcoin
Second, the withdrawer is a registered user of a bitcoin wallet. The registered user can operate in the background of bitcoin, and the wallet platform provides security guarantee. The coin bag is of a similar nature
thirdly, registered users can enter the background of the trading platform to carry out cash withdrawal operation, and the security guarantee of cash withdrawal is provided by the platform itself
Fourth, the withdrawal of bitcoin itself is converted into RMB. After the registration of the registration trading platform (bitcoin China), there will be an IP address, and then you can send your own bitcoin to this website
Fifthly, after completing the above operation (wait for 10 minutes, or shorter), bitcoin will be displayed on your account, and then you can sell it at the platform price, so that you can exchange it into RMBothers are willing to spend money on bitcoin
you can sell it, that is, change it into cash
conversely
if no one believes in it
no one is willing to spend money on bitcoin
you can't sell it
that is, you can't change it into cash
or change less cash
this is the same as other investment procts gold
stock
base Kim is the same
There is no direct link between gold and bitcoin
neither of them is money: money is widely accepted as a medium of exchange, and gold is classified as money. To a large extent, it can be traced back to the early capitalist period, when gold could be used to exchange for anything, as a tradable tool and asset currency, to exchange for a certain amount of US dollars
bitcoin has now become a means of online and offline payment, and many countries have accepted this way, but it has not been accepted by the whole world
< H2 > extended data:
unlike all 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 the use of cryptography design to ensure the security of all aspects of money circulation
the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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