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Cryptocurrency Conference

Publish: 2021-05-06 15:29:48
1. It's not illegal to issue digital currency in China. It doesn't need the next three years. Now people have already issued digital currency. For example, Ruitai, bitcoin, Yuanbao and sandcoin are all digital currencies issued by domestic companies. But if not
2.

Differences:

non encrypted currency (enterprise currency):

1, personal behavior

2, company's own currency

3, unable to decentralize

4, unable to trade on international trading platform

5, unlimited issuance

6, no mine website, no original code

7, controllable price, mostly one-way relationship (dining ticket of an enterprise, Qmoney and so on)

open source digital cryptocurrency:

1. Decentralization -- not regulated by indivials, companies and national banks

2. Limited issue

3. Free trade on international trading platform

4. Original code

5. Not taxed, not frozen, uncontrollable price

cryptocurrency advantages:

1. Compared with paper money, Save the cost of printing, data audit, anti-counterfeiting, escort circulation, safe keeping and so on

2. It is impossible to control the number of issues without issuing institutions

3. Borderless. If you use cryptocurrency transaction, directly enter the account address, click the mouse, wait for the network to confirm the transaction, a lot of money will pass

4. Using cryptocurrency in any store can save the cost of tax and capital supervision

5. It is not controlled by the central bank and the quantity is limited, so it can completely resist the pressure of inflation. Let the wealth of the common people keep its value and increase its value The cryptocurrency other than bitcoin is also known as counterfeit currency and competitive currency (English: altcoin). Part of it is a virtual currency similar to bitcoin, which is based on the ideas, principles and source code of bitcoin. At present, more than 800 cryptocurrencies are in circulation

because bitcoin itself does not have an authoritative issuing institution and state power to maintain its authority and uniqueness, bitcoin and its imitators can only get along equally. It is not absolutely exclusive

3.

Digital cryptocurrency is a kind of currency that is not issued by legal tender institutions and controlled by the central bank. It is based on the open source code of a group of equations calculated by computers all over the world, and is generated by a large number of calculation processing of computer graphics card and CPU. It uses the design of cryptography to ensure the security of all aspects of currency circulation

development materials:

  1. definition of digital currency:

    digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English and the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy< br />

4. Go to the blacksmith and buy a pickaxe... There's a chance that there's a mine in the mine or on the mountain. Just put a pickaxe in your backpack and you can mine without equipment
5. What is money? Money is the medium for the exchange of goods (including services). Now our currency is issued by a reputable bank, which is basically guaranteed by its reputation. As long as the users agree, then we can use it to trade. Currency has a certain value preserving property. After I change my labor / services / all my goods into currency, the bank guarantees that I can exchange it for something of almost equal value one day in the future. The premise of this guarantee is that banks will not issue new currencies indiscriminately and that everyone will trust it

in the past, we used precious metals as currency. Because precious metal proction is not high, the speed of new money increase is limited, and the economy is growing, the market needs more money to let the goods flow as much as possible. There is value when there is demand. In this sense, the value of precious metals in making other things is secondary. The economy needs money to circulate goods, and this demand is the main one. However, if the proction of precious metals is limited, and the precious metal currencies in circulation will withdraw from the market for various reasons, then even the newly made precious metal currencies have the same or even higher value

why does bitcoin keep its value? BTC (short for bitcoin) exists in a huge P2P network. Bitcoin group has recognized an algorithm. Under current conditions, only about 6 new BTCs will be generated per hour. At present, there are 50 new BTCs in each group. That is to say, in this world, only about 300 BTCs are generated per hour. This output will also be limited by the difficulty automatically adjusted by the network. You can't speed up money proction by modifying everyone's client algorithm and parameters (client is open source). Counterfeit currency will be discarded by the network (unless you can control most of the network nodes)

what is the value of BTC itself

the value of BTC is the trading channel itself. A new set of BTCs provides a mathematical guarantee to transfer old BTCs from one account to another. The price behind this security guarantee is a lot of computing power. It takes a lot of energy to proce such a safe passage, so the whole BTC user group will reward the mint (currently 50 BTC), which will become 25 BTC after December 2012, and it will be halved every four years

to put it simply, my understanding is that all BTCs in the world are generated by the energy of running computers. Their total value (up to now, there are about 12W groups of BTCs proced, 50 in each group, and the market price is about US $7.3), should be less than the total market value of consumed energy. However, I think most of the energy used to proce BTC is wasted resources< br />4
6. Go to the trading platform to buy a mining machine or spend 8000 yuan on your own
7. It's 100% fraud. It's better to stay away from these so-called virtual currencies.
8. Mini world has found a kind of ore, which can't be g. This is bedrock, which is the bottom of the world. No matter what you use, you can't open it. There's no other way<
Mini world fast mining skills:
1! And food! We have to cut down trees in advance and make ladders. Because making these things requires iron ingots, which are smelted from iron ore, so if there is no iron, first make wood, and then make a tool box to take with you, which is convenient for making at any time
2.
then find a place you think is more suitable to excavate. At first, you can excavate it vertically and place the ladder while digging. Trust me, this is the most time-saving, labor-saving and convenient way, because I used to excavate the stairs
and don't be too tired. When you get to a similar place, generally speaking, you will encounter caves, and then mark them to avoid getting lost<
3.
then, let's go deep into the cave, go to the place closest to the wall in the cave, and turn your angle of view, you will find that you can see the scene outside the cave, just like a small map. Don't be surprised, you can see where the gold is, or where the diamond is, and dig directly in that direction! This method is really what Xiaobian has tried to discover so many ore blocks. If you find that you can't see the scene outside the cave, try more, or change a few places.
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