Why is digital currency not linked to gold
Due to the continuous popularity of bitcoin, people begin to pay close attention to this kind of digital currency. However, people from all walks of life pay more attention to the technical architecture behind bitcoin - blockchain technology, which is considered by many organizations to be the core technology most likely to trigger the fifth round of scientific and technological revolution after steam engine, power, information and Internet technology
bitcoin may fall, while the long-term direction of digital currency is bound to rise, and the rise will be particularly fierce. In 2017, the total market value of global digital currency was only US $647 billion, less than 10% of the global physical gold market value, and less than 0.01% of the total national stock value. AAC is launched at the right time. Miners all know that the earlier they enter, the more tokens they can get and the more profits they can earn. The birth of acute angle cloud will bring huge returns to its partners
2017 can be regarded as the first year of blockchain technology, and 2018 is likely to be the explosive year of blockchain technology. The rapid development of the blockchain technology will probably usher in the explosive growth of acute angle cloud, and the acute angle PC released on ces2018 is likely to become another explosive proct of blockchain
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.