Us bitcoin fund
bitoffer has bitcoin ETF so far, almost all applications for bitcoin ETFs have been rejected by the US Securities and Exchange Commission, including those from bitwise asset management, Winklevoss brothers, Vaneck / solidx and direxion it is understood that Wilshire Phoenix applied to the New York Stock Exchange (NYSE Arca) for bitcoin ETF for the first time last summer, and submitted amendment No. 6 of its trust fund registration statement to the SEC on February 14. Unlike other previous bitcoin ETF proposals, Wilshire Phoenix's ETF will invest in both bitcoin and US Treasury bonds. Second, the trust will be automatically adjusted once a month to address concerns about fluctuations in the bitcoin price comments: for a long time, bitcoin ETF has not been passed because the SEC is based on the risks and concerns related to cryptocurrency funds, including pricing, liquidity, custody, arbitrage and possible manipulation problems. Obviously, Wilshire Phoenix has paid attention to this point in the design of the fund this time. It has added the share of US Treasury bonds. If the price of bitcoin fluctuates too much, it will increase the share of bonds and rece the share of bitcoin. But it still doesn't work. It still can't explain the manipulation of bitcoin price. If this problem cannot be solved, bitcoin ETF will be difficult to be approved. So many people are actually immune to this problem, and it is really difficult to get approval in a short time in view of the SEC's rejection of bitcoin ETF application, it can be said that the only hope of cryptocurrency practitioners for ETF has been broken once again. The reason why bitcoin ETF is expected is that it is of great significance. We can understand it as a stock of NASDAQ or NYSE. If bitcoin ETF is listed, all investors can buy it directly from compliance channels. This is equivalent to expanding the audience of bitcoin from the coin circle to the U.S. stock market and even the whole global market. This demand will be enormous
[characteristics of bitcoin]
the reason why bitcoin is anonymous is that they are built on a decentralized system. Bitcoin is completely independent, and the outside world cannot shut it down through some kind of core infrastructure
"anonymity" is very useful for those who don't want to associate their name with the goods or services they purchase. What outsiders see is nothing more than the address of your bitcoin wallet and a string of random words and numbers. Besides, there is no information that can identify themselves. For relatively paranoid users, they can also create many new wallets for free.
bitcoin is designed to allow anonymous ownership and use rights. Bitcoin can be stored in personal computers in the form of computer files (wallets) or in third-party hosting services. No matter how it is saved, bitcoin can be sent to anyone on the Internet through its address. The distributed characteristics of P2P and the design of no central management mechanism ensure that no organization can manipulate the value of bitcoin or create inflation. Its main features are as follows:
< UL >decentralization
bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of the security and freedom of bitcoin
< UL >circulation around the world
bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
< UL >exclusive ownership
the private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
< UL >low transaction cost
bitcoin can be remitted free of charge, but in the end, a transaction fee of about 1 bit will be charged for each transaction to ensure faster execution of the transaction
< UL >no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit and proceres. If you know the other party's bitcoin address, you can pay
< UL >cross platform mining
users can explore the computing power of different hardware on many platforms
[bitcoin acquisition method]
first of all, your computer should be installed with the latest version of bitcoin client. After opening the client, all the transaction information data on the network will be automatically downloaded to the local. Depending on the network speed, this process may take several hours. At this time, the account balance is 0. Users can ask friends to send some coins, but a more feasible way is to do mining or merchant acquisition[ 6]
< UL >
mining as a miner
to be a miner is to proce bitcoin with one's own computer. In the early client, there was the option of mining, but it has been cancelled. The reason is very simple. With more and more people participating in mining, it may take several years for one to dig 50 coins, So miners generally organize into miners' guild, and they dig together. Specific mining methods, you can go online search. This method is already very unrealistic
< UL >as a businessman, you can buy coins g by miners with money, open an online shop to sell things and collect bitcoin, and even go to the exchange to speculate in coins. There are many websites providing bitcoin exchange services, which can be converted into almost any kind of currency. If you really don't know how to exchange, you can also come to laoan for help
the difficulty of bitcoin mining is directly proportional to the amount of money that has been mined. The more difficult it is to mine, the more difficult it will be. After 20 million bitcoins are mined out in 2030, the remaining 1 million bitcoins will probably take decades to be mined out. And bitcoin has no central issuing authority, which is generated by network nodes through complex calculations. Anyone can run bitcoin software on a computer to make it. During circulation, enter the quantity 1 on the client software, then come to the other party's bitcoin address and sign with the payer's password. After that, the bitcoin is the other party's
relevant information and pictures are from the Internet: search through the Internet for
relevant reference sources are as follows:
http://finance.chinanews.com/it/2013/08-09/5141755.shtml http://it.sohu.com/20130410/n372202897.shtml
A2 is a reliable Wright coin miner. However, after A4 came out, A2 appeared to be slightly deficient in energy consumption
A2 miner can also dig sand coins, bitcoin and other coins with the same algorithm as Wright's miner.
You can print social security details in any social security center
the Ministry of human resources and Social Security announced the "opinions on strengthening and improving public services in the field of human resources and social security" and decided to vigorously simplify the certification materials and proceres
for those who are not registered residence workers who apply for social insurance for employees, they do not require the applicant to provide evidence of social insurance in their original places or other areas. p>
in 2017, the social security card will directly handle various human resources and social security affairs of indivials across regions and businesses, open its integrated application to other public service fields, and basically realize the national social security card
in 2017, we will complete the construction of basic information database for cardholders of social security cards at the ministerial and provincial levels, and realize the unified management and linkage sharing of basic information
extended data
implementation of online inquiry of social security personal records:
in the "opinions on strengthening and improving public services in the field of human resources and social security", the Ministry of human resources and social security clearly pointed out that all localities need to explore innovative ways of public services
this includes the implementation of "one-stop" service in comprehensive service institutions, the graal integration of separate professional windows into comprehensive windows, and the change from "multi acceptance" to "one acceptance". We will strengthen the information construction of public services, and actively promote online pre-trial, self-service, city wide access, and entrusted agency services
to promote the "unified handling of five insurances" of social insurance services, the places that do not have the conditions for the time being should first realize the unified handling of insurance registration, payment, audit and other business links
vigorously promote the "comprehensive teller system" to facilitate the insured. We will promote the construction of "electronic social security" and comprehensively implement online inquiry and self-service printing services for social insurance indivial rights and interests records
ICO technology is a kind of underlying technology serving international cryptocurrency. Originally, it is a new application of computer technology, which will get international support. However, many investors issue blockchain to obtain returns and raise funds from the public, which has great investment risk, In addition, some institutions do not meet the regulatory requirements and issue blockchain projects without authorization, so many countries do not recognize ICO projects
in order to solve the problem of non-compliance, the unregulated ICO instry needs to be recognized by the international community. At this time, someone will think of setting up a foundation to operate. As foundations belong to non-profit organizations and projects issued by non-profit organizations belong to public undertakings, they are more easily recognized by people at home and abroad. It happens that the Singapore government strongly supports ICO technology, vigorously develops blockchain technology, and gives preferential policies. Therefore, it has become a broad consensus to set up a non-profit organization foundation in Singapore, This is also the fundamental reason why all registered ICO foundations choose to be in Singapore
What preparations are needed to register a foundation
First: the name of the registered foundation. This name needs to be in English, and those who already have it can't be registered any more
Second: Directors and shareholders: provide scanned copies of directors, shareholders' ID cards or passports, and at least two directors, one of whom is Singaporean (we can provide, not holding shares)
third; Choose two business scopes
as long as you provide the above three points, you can register. The registration time is generally about 10-25 working days< After the registration, there will be later legal services:
legal opinions generally include the following four items:
1. Token non securitization proof: to prove that the project is non securitized and to prevent MAS investigation
2. White paper legal opinions compliance: to prove that the project is not in violation of any regulations of Singapore and is compliant; When going to the stock exchange, we need to use
3. Sales compliance of private placement terms:
4. Compliance of public offering terms: it is equivalent to a guarantee for sales after going to the stock exchange, increasing the confidence of investors