What is bitcoin cash dollars

3.

Bitcoin is a kind of electronic currency / network virtual currency

bitcoin: also known as "bitcoin", is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats, equipment, etc. in online games. Internet users can also use bitcoin to buy real goods

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 the relevant authorities 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

extended data:

currency features:

1, decentralization: bitcoin is the first distributed virtual currency, the whole network is composed of users, and there is no central bank. Decentralization is the guarantee of bitcoin's security and freedom

2, global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3, exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4, low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay

6, cross platform Mining: users can explore the computing power of different hardware on many platforms

advantages of bitcoin:

1, it is completely decentralized, without issuing institutions, it is impossible to manipulate the number of issues. Its distribution and circulation are realized through open-source P2P algorithm

2, anonymity, tax exemption and supervision free

3, robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally. Bitcoin price may fluctuate and collapse, and many governments may declare it illegal, but bitcoin and its huge P2P network will not disappear

4, borderless and cross-border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade with bitcoin, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records

5, Shanzhai people are difficult to survive. Because bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, recompile, and create a new P2P currency

but these counterfeit currencies are very fragile and vulnerable to 51% attacks. Any indivial or organization, as long as it controls 51% of the computing power of a P2P currency network, can manipulate transactions and currency value at will, which will be a devastating blow to P2P currency

many counterfeit coins die in this link. The bitcoin network is robust enough. If you want to control 51% of the computing power of the bitcoin network, the number of CPUs / GPUs required will be astronomical

the weakness of bitcoin

1, the fragility of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities

2, the transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed

3, the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading

4, the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control

but the public doesn't understand, and many people can't even distinguish between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless

4.

Bitcoin, English name bitcoin, is a digital currency based on blockchain technology, which is composed of a series of computer-generated complex codes. Like RMB's ￥ and US dollar's $, bitcoin has its own symbol, the "B" in the figure below

The inventor of

bitcoin is Nakamoto. Satoshi Nakamoto is the creator of bitcoin protocol and its related software bitcoin QT. In 2008, he published a paper called "bitcoin: a peer-to-peer electronic cash system", describing an electronic currency and its algorithm that he called "bitcoin"

In 2009, he released the first bitcoin software and officially launched the bitcoin financial system

In 2010, he graally faded out and handed over the project to other members of the bitcoin community

Nakamoto is believed to hold about one million bitcoins. If the price of each bitcoin was $2W, it was worth $20 billion at one time. So far, his true identity is still unknown to the outside world, that is to say, no one knows who Nakamoto is

bitcoin appeared after the global financial crisis in 2008. In fact, before that, many people have tried electronic currency, digital currency and virtual currency, but they have not succeeded. There are not only technical reasons, but also social environment and economic background reasons. To some extent, it was the 2008 financial crisis that gave birth to bitcoin

5. Bitcoin (abbreviated as BTC) is a digital currency with a total amount of 21 million. Like the Internet, it has the characteristics of decentralization, globalization and anonymity. Transferring bitcoin to the other side of the earth is as simple, low-cost and unlimited as sending e-mail. Bitcoin is therefore used in cross-border trade, payment, remittance and other fields
e to its broad prospects and huge reverie space, the price of bitcoin has continued to rise since its birth in 2009. In 2011, the price of bitcoin reached $1, and in 2013, the highest price reached $1200, which exceeded the price of one ounce of gold. Bitcoin has the reputation of "digital gold" (the current price is about $450)
bitcoin began in 2008 with the paper bitcoin: a peer-to-peer e-cash system (Chinese version) by the mysterious figure Satoshi Nakamoto. In the six years after its birth, bitcoin, as an unprecedented new currency, has experienced numerous market tests and technical attacks and has always stood firm. Now bitcoin has grown into a currency system with millions of users and tens of thousands of businesses accepting payments around the world, with a market value of up to 10 billion US dollars.

6. You are in the new area. If you want to raise the level of mining to level 6, you have to stick to it, and you can only dig in Erhai Lake. When you reach level 4, you can go to Yannan, Cangshan and Yanbei. When the mine is small, because there are many people digging, the refresh is slow, there is no way.

7. After the announcement of this up and down

news, bitcoin once hit a high of 123 against the US dollar. According to the data of Mt. GOx, the bitcoin international trading platform, the bitcoin dollar exchange rate rose from $112 to more than $122 from the 18th to the 20th, up about 9%. There was the same market reaction in China. On the 18th, the domestic bitcoin exchange rate broke through the 600 yuan mark, rose 5% to 629 yuan on the 19th, and slowed down on the 20th.

8. In this world, the only constant is change

what is the biggest difference between ordinary people and experts<

in fact, it's just the speed, depth, height and long-term of

cognition
and how many cognition

to understand these keywords

1. The speed of cognition

means that

there are some very common reasons

some people have thoroughly understood

when they are in their 20s, while others, 10 years, 20 years For 30 years,

or even for a lifetime,

is there a shortcut to the speed of cognition or awakening<

three words for you

those who are aware of the past

those who are not aware of the future

if you have known for a long time

and have really experienced or awakened

that is, those who have experienced the past are the most impressive, These principles

make it very easy for you to understand the real core

for example

people like grandfather Mao, Ma Yun and others are all prescient people

What are the characteristics of prescient people<

the first impression you give others is that every sentence you say and every thing you talk about will make a big bang as soon as you export it

then you will feel that taitm makes sense

Yes, that's the feeling

who is the person who knows later<

is that the innate ability of comprehension is poor

and lack of experience, it is difficult to wake up

what should we do for this kind of person<

the only shortcut is to

go through a lot of training, learning and reading

and then join the circle of many instries

that is to learn from others

to see how others do it and how to talk about the principle

for example,

How do fraudsters cheat? How does brainwashing marketing work

how does social marketing play? What is emotional marketing<

that is to say,

it's very difficult for you to understand all of these by yourself,

however, if you learn the day after tomorrow,

you will understand that,

at once, you will feel that it's too good to say,

for this kind of people,

as long as you get enough knowledge, The above is one of the quickest ways to acquire cognitive dimension

What about the unconscious

even if he was cheated, he never reflected on why I was cheated? Why am I fooled and cheated<

that is to say,

never take the initiative to think deeply,

never learn how to prevent deception, or cheat others,

is such a state that it's better to live than die,

and then let it go.

What's the result<

then he was cheated again and again

2. The depth of cognition

next door to the company, there was a man in his early 30s who started a business by himself, that is, he opened an Internet bar

one day when he was waiting for the elevator, he met him and chatted for a while

I asked him, why do you want to open an Internet bar<

this guy told me that because there are a number of computers being processed now, I don't know what to do.

I feel that the business of Internet cafes is OK, so I'm in a hurry to decorate and start business.

plus the rent free business for two years, I'm going to start business.

did you find that, In fact, as long as you have a little market insight

as long as you simply go to other Internet cafes to do a survey

to understand the situation, you will find that

in fact, the Internet cafes are now in a period of recession

you go to see the young people around you, and how many other people will go to the Internet cafes<

now most people

use mobile phones to play mobile games

and who doesn't have a computer at home<

so

this guy is still living in the past thinking and previous cognitive state

when he started to decorate, I thought he had failed

as a result, there was not much business in the past three months after the opening of the business

but he still insisted on doing things, It's very shallow

if you want to do business, you must go deep to explore

1. First, ask about the current situation of your peers

2. How about investigating additional stores

3. What do you think of your target customers? What are they doing< In other words,

only through a lot of in-depth investigation, you can find out whether it can be done

instead of relying on TMD's own intuition to do it

but

in real life, there are too many such silly X's

3. Cognitive level

so far, There are still many people who think that

to do business TMD is to buy procts

this is actually the lowest level of cognitive play

don't think that in addition to selling procts, there will be no

but also selling technology, franchise, agency, business opportunities and information

no matter what you sell, you can make money<

maybe you have never thought of it in your life. In fact, there is a path to make money.

for example, let me give you an example.

for example, we usually go out.

for example, today I'm going to Beijing, so this is the key.

why<

because it's true that choice is greater than effort

are you walking (selling procts)

or riding a bicycle (selling services)

or renting a car (selling technology)

or self driving (starting a business)

or taking a train (selling agents)

High Speed Railway (selling stories)

airplane Capital operation)
so it's very important to choose which tool

because it determines how much value you create in the same time when you achieve the results

sell procts, services, technologies and stories

sell concepts, add alliances, agents, sell regions, distribute

sell raw materials, grasp core technologies, monopolize and expand the market Sell dreams

sell information, play resource integration, play capital operation Playing with the white wolf or the combination to sell the nuclear explosion

selling procts + technology

selling technology + selling raw materials + selling trademark authorization

selling stories + selling dreams

we must remember a sentence

only selling the visible will never make money

but most people, Or stay in the low latitude earning track of selling procts

so that you can't get out of it all your life