The changes bitcoin brings to the financial industry

1. Whether bitcoin is a bubble or a historical opportunity is a topic that the market will never stop discussing before the real test comes up. To evaluate the real value of an asset, perhaps the financial crisis is the best touchstone

ring the global financial crisis in 2007 / 08, the price of gold fluctuated sharply. In March 2008, the price of gold peaked at 1032, then plummeted to 680 in a few months, and then went all the way to the peak in 1920.

2. With the existence of Internet and blockchain, bitcoin will exist. It has existed for a long time, and people graally recognize and widely apply it to payment. Then, it can play a positive balancing role in world finance.

3. Bitcoin is the so-called "cryptocurrency", which is a digital asset in the form of data. Your money in the bank may also be a bunch of numbers, but these numbers are equivalent to real money. Bitcoin is not. In the world of bitcoin, there is neither a central bank to manage nor an inherent legal framework. Because of this, the value of bitcoin is entirely determined by the market, which is currently very hot
bitcoin is stored in a digital wallet. You can store it on your local hard disk or mobile phone, or in a variety of online bitcoin exchanges. Keeping bitcoin locally is like hiding money under a mattress. If something goes wrong with your digital wallet, your money will be gone
to remit or collect money, you need to point your bitcoin client or network exchange to a bitcoin address, which is the address of every wallet. After a few minutes, bitcoin will generally leave your wallet and enter the other person's wallet. There are few sites that accept bitcoin, but there are a few. It's more difficult to use bitcoin in real life, but it can be achieved through some systems
what is the impact of bitcoin on the economy
despite all kinds of problems, the soaring price of bitcoin is partly e to more and more people using it. Bitcoin fans believe in its future. Ordinary people are also graally interested in cryptocurrency, but because it is too complex, it is difficult to popularize in the mass market. If it is really popular, the fluctuation of bitcoin's value will lead to greater turbulence in the global economy
if you bought $1000 bitcoin in 2010, it's worth about $35 million now. But if you buy $1000 bitcoin in early 2014, you'll only have a quarter of your purchasing power a year later. How would you feel if you paid with bitcoin and found that you could only buy half of what you had a few days ago
this kind of inflation is unstable, but if it is used in parallel with the government supported currency, bitcoin does have some advantages. Few people will exchange all their assets for bitcoin.

4. No impact, the CBRC clearly stipulates that financial institutions shall not participate in bitcoin transactions

5. The biggest obstacle is that we all hold bitcoin. Like RMB, we all have the ability to trade. I don't have you. That's impossible. But now with okex, the trading between bitcoin becomes simple. I believe more and more people will try to have it. It's just a matter of time.

6. You can choose to invest in some digital currencies, such as bitcoin, but the premise is that you have to understand them first. Otherwise, you are easy to be cheated. The first thing you need to know is the platform. Try to choose platforms with a longer life and a good reputation, such as AEX and fire coin, which have a life of more than 6 years. It will be more reliable to choose this kind of investment. In addition, if you invest for a long time, You can consider currency financing, choose AEX financing, you can deposit money to generate money

7. Special currency has four main characteristics: no centralized issuers, limited amount, no geographical restrictions and anonymity. Although some people call bitcoin "currency", it is not a real currency because it is not issued by the monetary authority and has no monetary attributes such as legal compensation and compulsion. In terms of nature, bitcoin is a specific virtual commodity, which does not have the same legal status as currency and cannot and should not be used as currency in the market.

8.

In today's society, nothing can be done, but it can't be done without money, so everyone will work hard, hoping to get the corresponding reward through their hard work. But behind the hard work, there are also some people who hope to get rich overnight. Some people get rich by buying lottery tickets, while others get rich by stocks. There are many ways to make money. Of course, while some people are making money, others are losing money. A couple was exposed that they lost 20 million in bitcoin speculation

First, make money quickly, want to make more money

at the beginning, the young couple also made a lot of money by frying bitcoin, and the couple's life has become more and more prosperous. Slowly, the two are no longer willing to make a fuss. They see that bitcoin has a good prospect, so they invest a lot in the instry, even go to relatives and friends to borrow money. At the same time, they also borrow a lot of money from major banks to invest in bitcoin. But over the years, the bitcoin instry is not as good as before. When they need to pay high interest, their profits graally turn into losses{ RRRRR}

there are risks in investment, so don't put all of them in one basket to avoid accidents

9. In economics, money is a kind of contract, which represents the exchange of ownership and the transfer of value. Contract is the most basic function of money in economics

e-money is a digital form of money. In addition to the contract function, it can be recorded at the same time of transaction. This sum is money and e-money in the sense of economics. Bitcoin not only has the above characteristics, but also creates a new model

first of all, bitcoin is decentralized payment, performing Contractual functions
the second is the bookkeeping function under the condition of decentralization. It can also be divided into two parts. First, record all transactions of bitcoin and form a ledger according to the time sequence. Second, the ledger is saved in each computing node using bitcoin, and the nodes jointly maintain order and information
generally speaking, the two impacts bitcoin brings to traditional currencies are: one is decentralization, which may lead to the transfer of seigniorage; the other is the unique bookkeeping function proposed by bitcoin, which subverts the existing M0 and M2 monetary theories, especially the unique bookkeeping function behind.

10.

Bus line: Metro Line 2 → Metro Line 5, the whole journey is about 23.1km.

1. Take Metro Line 2 from Guangzhou south station, pass 15 stations, and reach Guangzhou railway station

2. Walk about 130m, then transfer to Metro Line 5

3. Take Metro Line 5, pass 1 station, and reach Xiaobei station

4. Walk about 740m, and reach Guangzhou Youth Science and technology center