Bitcoin Taobao

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. Fire coin network, okcoin and coin security network are the three major bitcoin trading platforms in China. Due to the high risk of bitcoin trading, it is recommended to choose carefully for users with immature investment experience

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: January 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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2. Taobao announced last night that it would ban the sale of bitcoin, bitcoin mining machines and mining tutorials from January 14
according to the announcement, the commodities banned by Taobao include:
- bitcoin, Leyte coin, bio coin, quark coin, infinite coin, cocoa coin, pennies, ppcoin, namecoin and other virtual coins
- bitcoin mining tutorial and other virtual currency tutorials and strategies
- bitcoin mining machine and other hardware and software used to obtain relevant virtual coins
in the announcement, Taobao stated that businesses should abide by relevant laws and regulations such as the notice on preventing bitcoin risks issued by the central bank, MIIT, CBRC, CIRC and CSRC, and pointed out that "the central bank explicitly requires third-party payment institutions to close trading channels such as bitcoin and lightcoin"
up to now, a large number of results can still be returned from the search of "bitcoin" on Taobao, mainly for mining machinery course, and the price is generally less than 1 yuan.

3. Four pieces of technology mining machine is recommended not less than 4G memory, and the more nodes connected, the higher the memory consumption.

4. It is the concept of virtual currency
bitcoin, which was first proposed by Nakamoto in 2009. According to Nakamoto's idea, it designs and publishes open source software and constructs P2P network on it. 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. 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 currency 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items< On February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees

5. Do not support foreign supported E-commerce

6. No
Taobao prohibited sale
you can't find out if you search for bits

7. This can't go around, because there is a third-party mechanism on Taobao. You must pay to Taobao first, and then transfer to the store after confirming the receipt

8. Taobao that kind of bitcoin is not real bitcoin, it is just a currency similar to bitcoin

9. You have to be careful. This kind of virtual currency is very risky, because there is no real object in itself. Moreover, many Chinese companies, which use the name of virtual currency to make websites, cheat people to charge money and then roll money away. It is very difficult for people to catch this kind of Online fraud. Even if they catch it, it is very difficult for you to get your money back, because there is no record, If you want to make investment, I suggest that you still make formal and legal investment and financial procts in China, which are protected by law. Don't pick up sesame seeds or lose watermelons.

10. It will have an impact
many virtual currency traders trade through Taobao platform, and now the omnipotent Taobao is completely banned, which will certainly be hit
secondly, Taobao also forbids businesses to sell virtual currency tutorials, mining machines, etc., which has a great impact
hope to help you!