Now there are a lot of virtual currencies
in the era of material abundance, money can buy what you want and enrich your life. Therefore, people have a dream of realizing wealth freedom and entering a better life there are many such dreams, which are often used. With the development of the Internet, online transactions have become more convenient and fast, people's financial management ideas have improved, and they will take spare money to invest, but the bank interest is low, the fund will not choose, and the stock water is too deep. Generally speaking, the income can't tempt greedy people
1. It is illegal to have a financial trading platform that is not recognized by China Securities Regulatory Commission and China Banking and Insurance Regulatory Commission. With the concept of blockchain being put forward, virtual currency has become popular. In China, there are bitcoin, Leyte coin, Ruitai coin, etc. the income of these virtual currencies has been blown to be amazing. People who listen to these virtual currencies will be envious and have new illusions. They don't know that this is just a Ponzi scheme, and the virtual currency trading platform will trick investors into inviting them, After the investors' funds are cheated, there will be a series of figures. Some of them will fall sharply as soon as they buy, and smart people can stop losses. Some of them will go up sharply when they buy, and investors will continue to add chips, and finally they can't cash out
in view of the possible risks of virtual currency, many international organizations and central banks have responded publicly to the supervision of virtual currency system. These responses can be roughly divided into four categories: warning and risk warning, supervision and registration permission, legislative norms, and explicit prohibition
(1) warning and risk warning
some central banks and regulators have issued risk warnings against the special currency and virtual currency system. The federal financial regulatory authority of Germany, the Bank of France, the central banks of the Netherlands and Belgium have issued public warnings against the possible money laundering and terrorist financing caused by the use of bitcoin. In the report released at the end of 2013, the European Banking authority (EBA) warned consumers of many risks of virtual currency, such as exchange loss, e-wallet theft, unprotected payment, price fluctuation and so on. Although Spain did not have a similar risk warning, it issued a timely information announcement related to virtual currency
(2) supervision and registration license
generally speaking, international organizations believe that the supervision of virtual currency should find a balance between risk prevention and innovation promotion. Since 2012, Sweden has required transactions related to virtual currency to be registered with financial regulators. Other countries pay attention to qualification supervision, so as to make it indirectly meet the requirements of prudential supervision. In other countries, the regulation mainly focuses on the business model of virtual currency transaction. The financial prudential regulatory authority of France regards the provision of bitcoin circulation and trading services and the act of earning funds in the process as a payment service and requires the authorization of the government. In addition, some countries focus on the intermediary institutions related to virtual currency. The German federal financial regulatory agency and Danish regulators believe that the provision of intermediary services for virtual currency needs to be authorized< (3) legislative norms
at present, some countries have proposed legislation to regulate virtual currency transactions. Canada plans to legislate to allow the government to supervise the transaction of bitcoin, and to include the transaction of more than US $10000 into the scope of suspicious supervision. The United States hopes to adjust the relevant legal structure should be compared with the development of the special currency. In order to make the Bank Secrecy Act (BSA) applicable in the context of network, the financial crime enforcement network (FinCEN) of the U.S. Department of the Treasury issued the explanatory guidance on the behavior and subject definition of private generation, holding, distribution, trading, acceptance and transmission of virtual currency in 2013. The European central bank stressed that it should strengthen international cooperation under the existing legal framework, and regulate virtual currency from the European and global level under the existing legal framework. More countries believe that bitcoin is not a currency in circulation, has no legal status, and does not meet the definition of financial instruments, such as Finland, Sweden, Malaysia and Indonesia
(4) it is forbidden
in some countries, bitcoin related transactions are prohibited. In December 2013, the people's Bank of China banned financial institutions from trading in bitcoin, which was subsequently extended to payment service providers. The central banks of Thailand and Indonesia share the same attitude. The circulation of anonymous internet currency (including bitcoin) is prohibited by the Russian judicial inspection department as a substitute for currency. The Central Bank of Russia has earlier included the provision of bitcoin services in the scope of suspicious transaction monitoring. The U.S. Securities and Exchange Commission (SEC) has banned the issue of unregistered shares in exchange for bitcoin, and unregistered online securities trading activities in virtual currency.
In my opinion, we can start with mainstream value currencies such as BTC now. Judging from the trend of BTC in the past year, it is basically at the bottom now. Even if it is possible to fall further, it will not fall too much. Ten years of history shows that BTC is certainly valuable, and BTC will definitely appreciate in the future. After all, it is the gold of the currency circle, which is rare and has the greatest consensus. The above is just a personal statement and does not constitute an investment proposal. Investment should be cautious! Finally, I declare that if you lose money by investing in virtual currency, I will not bear any legal responsibility
The essential value of any kind of currency is that it can be used as the value scale to measure other things and has stability. The virtual currency here is not game currency, but a digital cryptocurrency like bitcoin. The bottom layer uses blockchain technology, which has the characteristics of decentralization, information tampering and anonymity. At present, cryptocurrency headed by bitcoin can not bear the property of currency. It is not fair to conclude that there is no value
a consensus has been reached in the currency circle by default, that is, bitcoin is similar to diamonds in the real world. The value of diamonds is given by businessmen, and it has been agreed that diamonds can symbolize love and have practical properties. Mining diamonds and gold also need to consume a lot of costs, but it is because a lot of costs are consumed that the constant intrinsic value of diamonds and gold can be ensured. The resources that can be obtained casually are prone to inflation< br />
The fall in 2018 makes investors return to rationality, which is actually concive to the standardized development of the currency circle. Now, regardless of the practical value of digital currency, this capital harvest makes investors further understand the importance of risk management. Money circle and Internet Finance allow investors to see that they are profitable, so they don't have to think about investing in it. It is ultimately their own loss. Whether this bear market can make investors understand the essence of money circle is still unknown. However, the future development of the coin circle still needs government regulation, as well as the regular operation of platforms and projects. Of course, only with the support of capital can the coin circle develop healthily and systematically. Therefore, capital outflow is the biggest reason for bitcoin's sharp decline.
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Buddha said: 500 times of looking back in the past life in exchange for a pass in this life, so how many times do I have to look back to really live in your heart
from Xi Murong's "looking back"
looking back on the whole poem:
Buddha said: 500 times of looking back in the previous life can be replaced by a brush in this life
so how many times do I have to look back to really live in your heart
in my previous life, I often look back
my farewell handkerchief floats into a cloud
how much Acacia and how much sorrow of separation
finally becomes a water mark to send me away
in this life, I look for the lost footprints of the past life
wading through mountains and rivers into your eyes
500 times of looking back in the past life in exchange for a pass in this life
I use 1000 times of looking back in exchange for a stop in front of you in this life
ask the Buddha: how many times do I have to look back to really live in your heart
the Buddha is speechless, I can only look back again and again
like a moth to the fire
regardless of the consequences can be no reason
look back again and again
thousands of times, you are in my heart in my eyes
I look back again and again looking forward to your tenderness
I look back again and again looking forward to the Long Xiang Si Shou
in my previous life, I look back in the boat
lotus leaf A piece of sadness in my eyes
Buddha in this life helps me miss
let me walk into your eyes
I've been looking for a long time and I'm tired
just want to rest in your arms
just want your hands to wipe away the tears on my face
just want your body temperature to warm my cold hands
don't ask me why I'm so far away in this life Looking for you
I didn't drink Mengpo soup, I'm worried about you
don't ask me why I cry
I didn't drink Mengpo soup, I still remember the despair in my heart when I left my previous life
say I cry with joy
tears fall on your lap
all kinds of sorrows in my previous life turn into a dense lilac tree
I just want to join hands with you under the tree Looking at the five petaled flower, I still look back frequently in this life
I still don't drink Mengpo soup in this life
in the afterlife, I will look for you all the way
in the afterlife, I will look for the five petaled clove hand in hand with you
in 1963, Xi Murong graated from the Department of fine Arts of Taiwan Normal University, In 1966, he studied at the Royal Academy of Arts in Brussels, Belgium, and won many awards such as the Royal Belgian gold medal and the Brussels municipal government gold medal. He has written more than 50 kinds of poems, essays, picture albums and anthologies. His poems such as Qilixiang, youth without complaint and a flowering tree are well-known and become classics
Xi Murong's works are mostly about love, life and homesickness, which are extremely beautiful, elegant and clear, lyrical and flexible, full of sincere love for life, and affect the growth of a whole generation
several major bitcoin trading platforms in China have announced that they will stop trading with virtual tendency from September 30
for indivials with virtual currencies, they usually store bitcoin in their virtual wallets for cold storage, such as coin packet network. Many indivial users store bitcoin in their wallets.