Blockchain plus gold
bitcoin, a blockchain based digital currency, is often regarded as a global safe haven asset like gold. In this age of global turmoil, even gold has become unreliable and may be confiscated as India has. Some people have begun to think that bitcoin can replace gold, because bitcoin not only has the reserve capacity of gold, but also has some capabilities that gold does not have, such as low handling charges, rapid transfer capacity, decentralization and so on. With the increasing popularity of bitcoin and the decreasing volatility, the status of gold has been threatened
will bitcoin shake the status of gold?
gold has a long history, almost as long as the history of human civilization, and has withstood numerous tests in history. Bitcoin is less than a decade old, but its value has risen sharply. There is no support behind bitcoin. Of course, since the end of the gold standard, there has been no support from other currencies, except that there is no support from the central bank behind bitcoin. It's hard to predict whether bitcoin will exist in the next decade, a hundred years or even a thousand years.
Blockchain 4.0 is the landing of a large number of scene applications and the deep integration of multiple fields, such as blockchain plus artificial intelligence, supercomputing, big data, etc., which requires and promotes the upgrading of the underlying infrastructure construction, greatly improves its inclusiveness, carrying capacity and scalability, builds its solid ecological network system, and makes the blockchain value network radiate more scenes, Value is more reflected. The block chain structure is as follows:
as a new generation of public chain, SPG super gold puts forward its own innovation on the basis of absorbing the advantages of public chain in the past. Considering that Neo has its own unique advantages in solving the problems of low scalability, low concurrency and low transaction feedback of the public chain, and has achieved practical results, at the same time, in the super gold cryptocurrency SPG generation mode, it prefers the mining output mode under the more decentralized workload proof mechanism, Therefore, super gold creatively launched a two-tier structure combining transaction verification with Ethereum workload proof algorithm ethash, which separated transaction verification and block packaging synchronization, so as to better solve the problems of low scalability, low concurrency, low transaction feedback and block congestion of blockchain, At the same time, the smart contract system of super gold is more suitable for the development trend of current blockchain technology. The support of cross chain protocol for cross chain transaction can help build a public chain platform with higher universality, wider application range and more prosperous and stable ecology. Therefore, SPG super gold can be classified as blockchain 4.0 array
gold is the best choice for risk aversion. The gold token issued by digix is the gold in the world of digital assets, and its token, DGX for short, can play a role of hedging in the world of digital assets
How can DGX benchmark gold? It will be gold assets on the chain (that is: blockchain) operation. For example, if you have a kilogram of gold ready for sale, you can cut the gold for sale, but it is too troublesome and easy to cause loss. You can also send 1kg of gold to Singapore for LBMA to verify the gold. After the verification, the certificate of ownership of gold assets will be issued to you
the digital certificate can be converted into 1000 DGX tokens, i.e. 1 DGX token = 1 gram of gold. The circulation efficiency of gold has been greatly improved. Similarly, when you need to extract gold, as long as you have the corresponding token, you can replace it with a certificate to extract gold.
In 1991, the Journal of cryptography published an article by S. Harper and w. stonetta, which discussed the method of adding time stamps to digital documents. In 1992, the same group of people discussed how to increase efficiency. This is the origin of blockchain technology. In 2008, the "blockchain" created by people or groups under the pseudonym of Nakamoto Tsung by bitcoin has a more idealistic color exclusive to the Internet
as one of many solutions of distributed computing, the most significant feature of blockchain compared with other distributed computing is that there is no need for administrators. For this reason, blockchain has paid a huge price in efficiency
Secondly, since digital currency is likely to become an important form of payment for sovereign currency in the future and contribute to the global use of sovereign currency, digital currency and gold are complementary and symbiotic. Blockchain provides a window to observe the real exchange rate and interest rate of sovereign currency. If we need to make the world generally accept the digital currency of sovereign countries, we need to first generally accept the credit currency of sovereign countries. As an ancient and widely accepted credit collateral, gold is obviously an important part of sovereign state reserves. With the impact of digital currency on traditional settlement system, the importance of local currency value will riseespecially with the explosive growth of global negative interest rate bonds, the number of credit collateral that can stably support the value of local currency is decreasing. At present, whether negative interest rate can last is a controversial topic in the academic circle. We tend to think that negative interest rate itself is a short-term phenomenon, and in the long run, it must be settled once and for all. In the process, as a traditional safe haven asset, gold is bound to have more space, and the trinity of gold (credit support), sovereign currency (credit medium) and digital currency (circulation means) will also be the international strategy of sovereign currency
the ideal of blockchain has failed, but the application of blockchain has just begun. The gold instry and gold should play an active role in this wave and contribute to RMB internationalization and instrial upgrading
there are two ways for debtors to run. The first is that the debtors really have no ability to repay. Under the pressure of all kinds of creditors, they have no choice but to hide and run. Xiaobian suggests that the debtors should give the other party enough time, and there is no need to look for them, because even if you find them, you can't pay them back, on the contrary, you force the other party to take risks
the second way for debtors to run away is to escape with money. Many debtors go against their conscience, hide and run with a lot of money that doesn't belong to them, and live a luxurious life like an emperor all day long. Then this kind of debtors is the object we creditors need to make great efforts to find. We can start with the other party's relatives, friends and social circles, and use the loose outside and tight inside method to find out. As we all know, no matter how much a person hides, he will not lose his social circle. We can start with the people he often contacts before, and wait for the hare. If it's really inconvenient, you can use a third-party investigation agency to find out for you
here I would like to say that if your debtor belongs to the second group, it will inevitably bring you a certain amount of money loss, because it takes a lot of manpower, energy and financial resources to find a person. There is no good thing in the world that you can get without effort, only you are prepared to find a failure, Only in this way can we sum up the experience in the continuous failure and finally find out the person who runs away successfully<
Xiaobian found a runaway old girl for a friend before. It took him half a year to succeed. The main reason for success lies in his firm belief that he will never give up until he reaches his goal. Nothing is difficult in the world. It's only a matter of time to find out the runaway debtor as long as you don't give up.
