Blockchain is an angel

1.

Since 2017, the concept of blockchain, which has been popular all over the society and the world, is still heating up, attracting people and social funds; Boost bitcoin, as well as similar network "encrypted digital currency" (such as ether coin, Wright coin, etc.) price rise, created a lot of "overnight rich" myth. The argument that digital currency and blockchain will subvert tradition and profoundly change the world is constantly rising. The start-up and development of blockchain seems to be coming like a roaring sea, but it is more and more concentrated in coin making and speculation, and more and more trapped in the thinking and paradigm of "bitcoin blockchain" of mining and coin making

in the case that bitcoin must be exchanged with fiat money and must join the network trading platform and other auxiliary links in order to play a greater function, the characteristics of bitcoin blockchain such as area center and disintermediation may have serious problems. In the real world, if the transfer of monetary assets is operated through the bitcoin blockchain system, it will actually increase the intermediary link rather than disintermediation. Moreover, because the bitcoin system is highly anonymous and deliberately evades supervision, it is difficult to fully meet the requirements of anti money laundering and anti-terrorism transportation. On the contrary, many new serious problems may arise, Many arguments about bitcoin and blockchain are difficult to hold

those unseen pain points

the so-called labels of bitcoin blockchain, such as "decentralization", "democracy, equality and freedom", can not stand scrutiny; The truth is that if it puts too much emphasis on "decentralization", it will affect efficiency; Bitcoin has not yet become a real currency; The ICO type fund-raising method is not concive to the development of blockchain... But when people enthusiastically pursue blockchain like faith, they can not see these "pain points":

first, bitcoin blockchain is difficult to build a decentralized, democratic and equal society

bitcoin blockchain system envisages the establishment of an equal and democratic world for all participants, but in fact, the core team of coding maintenance and the main forces involved in mining and operation are not so equal and democratic. Due to the influence of computer computing power, the mining and acquisition of bitcoin are not equal as advertised. As a result of competition, the opportunities of mining and acquiring bitcoin are more and more concentrated on a small number of mining pools or nodes with powerful computing power. However, more and more people are involved in mining, consuming resources, but they may not be able to obtain bitcoin. This makes bitcoin more occupied by a few people, and will enhance its voice or influence on the adjustment of network rules

secondly, there are strict conditions for bitcoin blockchain to "de trust" and "de mediate" point-to-point transactions

2. The angel round of digital currency originated from ICO and private placement. It means angel investment in a blockchain project. The discount for angel investment is very large, generally within 50% or even 10%. However, most of them have lock stores, and these people are generally platform people, and they are big men in the instry
basically, most of the projects that came out last year and this year are based on this routine. The most profitable ones are the big guys of the exchange and platform, the project parties and their joint efforts to cut small leeks. Of course, there are still some excellent projects in the market, such as quantum chain, wikichain and so on.

3. @ block chain God Tucao: make complaints about investment risks correctly, instead of thinking about getting rich overnight.

4. Investing in bitcoin is like gambling. There is still a certain opportunity to understand the concept of blockchain.