Should bitcoin and other virtual currencies circulate
Publish: 2021-05-01 05:40:48
1. It depends on the advantages of virtual currency that people are willing to accept. Let's take bitcoin as an example:
What are the advantages of bitcoin
freedom of payment - you can pay and receive any amount of money anytime and anywhere. No bank holidays, no borders, no imposed restrictions. Bitcoin allows its users full control of their funds
very low fee - at present, there is no or very little fee for the processing of bitcoin payment. The user can include the service charge in the transaction to obtain the processing priority and receive the transaction confirmation from the network faster. In addition, there are also merchant processors to assist merchants in processing transactions, converting bitcoin into legal tender every day and depositing the funds directly into the merchant's bank account. Because these services are all based on bitcoin, they can offer much lower fees than paypal or credit card networks
rece business risk - bitcoin transactions are secure, irreversible, and do not contain customers' sensitive or personal information. This avoids the loss of merchants e to fraud or fraulent chargeback, and there is no need to comply with PCI standards. Where credit cards are not available or where fraud rates are unacceptably high, businesses can easily expand into new markets. The end result is lower costs, larger markets, and less administrative costs
Security and control - bitcoin users have complete control over their own transactions; It is impossible for businesses to impose fees that may occur in other payment methods that should not be or are not easy to find. Payment with bitcoin can avoid binding personal information in the transaction, which provides great protection against identity theft. Users of bitcoin can also protect their funds through backup and encryption
transparent and neutral - all information about the bitcoin funding itself is stored in the block chain and can be verified and used by anyone in real time. No indivial or organization can control or manipulate the bitcoin protocol because it is password protected. This makes the bitcoin core believed to be completely neutral, transparent and predictable
in addition to bitcoin, the more popular virtual currencies are Wright coin, Fuyuan coin, Ruibo coin, dog coin, etc.
What are the advantages of bitcoin
freedom of payment - you can pay and receive any amount of money anytime and anywhere. No bank holidays, no borders, no imposed restrictions. Bitcoin allows its users full control of their funds
very low fee - at present, there is no or very little fee for the processing of bitcoin payment. The user can include the service charge in the transaction to obtain the processing priority and receive the transaction confirmation from the network faster. In addition, there are also merchant processors to assist merchants in processing transactions, converting bitcoin into legal tender every day and depositing the funds directly into the merchant's bank account. Because these services are all based on bitcoin, they can offer much lower fees than paypal or credit card networks
rece business risk - bitcoin transactions are secure, irreversible, and do not contain customers' sensitive or personal information. This avoids the loss of merchants e to fraud or fraulent chargeback, and there is no need to comply with PCI standards. Where credit cards are not available or where fraud rates are unacceptably high, businesses can easily expand into new markets. The end result is lower costs, larger markets, and less administrative costs
Security and control - bitcoin users have complete control over their own transactions; It is impossible for businesses to impose fees that may occur in other payment methods that should not be or are not easy to find. Payment with bitcoin can avoid binding personal information in the transaction, which provides great protection against identity theft. Users of bitcoin can also protect their funds through backup and encryption
transparent and neutral - all information about the bitcoin funding itself is stored in the block chain and can be verified and used by anyone in real time. No indivial or organization can control or manipulate the bitcoin protocol because it is password protected. This makes the bitcoin core believed to be completely neutral, transparent and predictable
in addition to bitcoin, the more popular virtual currencies are Wright coin, Fuyuan coin, Ruibo coin, dog coin, etc.
2. For example, is there really a God in the world? Obviously not, but people still spend human, material and financial resources to Xinyang and worship, and come to the conclusion that there is still value in the existence and exchange of the false theory. Of course, this is different from bitcoin. In the process of bitcoin's generation, a person who seems to be a little famous suddenly put forward a theory, sales of storage currency. At the beginning, this kind of currency was only spread and entertained among a few people (assuming that there were 10000 people in the first year). Of course, these people only held the attitude of entertainment at the beginning, just like playing online games. The next year, suddenly a team or a number of (speculative group), suddenly feel this organic, began to buy at a low price, and grasp the market. When the time is ripe, the whole world will know about this kind of currency by means of media and economic people. The number of participants will increase from less than 50000 to one million, and tens of billions of capital will flow in. I remember the most popular time was at the end of November, when the price of a bitcoin was 7900, but there were many reports at that time that it could rise to 400000, At this time, the speculative teams felt that it was impossible to go up again and began to sell a lot of bitcoin. As a result, the price of bitcoin fell by about 4000 in less than a month. These teams made a lot of gold and silver. However, because there are still one million people involved, the price will stop at around 3000 for quite a while, But in the process of people quitting, bitcoin will be worthless Personal views (for reference only)
3. Bitcoin is used to launder money in many places, so you know. Therefore, in China or many countries, this kind of currency cannot be recognized
4.
https://bter.com/ref/342384
I've been playing for a few years. The price of bitcoin on this website is 16000 today. I suggest you pay attention to risk
5. can't. The value of virtual currency can not be measured, just like the rise and fall of stocks, it can not be used as a means of settlement.
6. There can't be inflation. What is inflation? There are two kinds of inflation:
(1) suppose that one sheep can exchange for 10 chickens. There is one sheep and 10 chickens in a room, which issue 200 yuan currency, so sheep is worth 100 yuan and chicken is worth 10 yuan. If we issue another 200 yuan, the price will double, and the sheep value will be 200 yuan, which is the inflation of issuing excess currency
(2) in the above example, when 10 chickens are eaten, the room is still 200 yuan, and only one sheep is worth 200 yuan. This is inflation e to shortage of goods, and there is no issue of more money< (3) the collection of bitcoin itself loses its monetary function. Money is only an intermediary and develops from barter. So you are right, all collections will lose the function of currency
(4) if there are few things, the same currency is also inflation, so no matter what the currency is, virtual currency and limited currency will also be inflation.
(1) suppose that one sheep can exchange for 10 chickens. There is one sheep and 10 chickens in a room, which issue 200 yuan currency, so sheep is worth 100 yuan and chicken is worth 10 yuan. If we issue another 200 yuan, the price will double, and the sheep value will be 200 yuan, which is the inflation of issuing excess currency
(2) in the above example, when 10 chickens are eaten, the room is still 200 yuan, and only one sheep is worth 200 yuan. This is inflation e to shortage of goods, and there is no issue of more money< (3) the collection of bitcoin itself loses its monetary function. Money is only an intermediary and develops from barter. So you are right, all collections will lose the function of currency
(4) if there are few things, the same currency is also inflation, so no matter what the currency is, virtual currency and limited currency will also be inflation.
7. Yes, there are many kinds of virtual currencies, but only precious coin can enter bitcoin blockchain and trade on international trading platforms. Moreover, because it is the same blockchain as bitcoin, it is also the fastest and most widely circulated virtual currency. As long as bitcoin can circulate, precious coin can circulate.
8. Of course, it's valuable. It's actually a virtual economy
a bitcoin actually corresponds to a solution of the bitcoin program, and the solution of the program is limited, so the number of bitcoins is limited. At the beginning, the program is easy to run to generate solutions, so the price of bitcoin is low. But the later the solution is, the less difficult it is to run, so bitcoin becomes rare and precious, Therefore, its value is determined by market supply and demand and cannot be determined artificially.
a bitcoin actually corresponds to a solution of the bitcoin program, and the solution of the program is limited, so the number of bitcoins is limited. At the beginning, the program is easy to run to generate solutions, so the price of bitcoin is low. But the later the solution is, the less difficult it is to run, so bitcoin becomes rare and precious, Therefore, its value is determined by market supply and demand and cannot be determined artificially.
9. Most commercial / home router manufacturers are in Shenzhen. Huawei, the most famous Fortune 500 company in the world, is located in Shenzhen.
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