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Disadvantages of bitcoin and other virtual currencies

Publish: 2021-04-25 16:27:42
1.

bitcoin is a fraud, so we must be cautious in investment and financial management

even if it is called "hard currency", the price of gold will not only rise but not fall. There is no bubble in gold, but the price is too high, there is a bubble, and the bubble will eventually burst, such as virtual currency such as bitcoin. The more general virtual currencies, the closer bitcoin's value is to zero

this kind of currency, which is a purely calculated digital symbol, has no asset support, no financial revenue and expenditure, no cash reserve and no use value. It is only a circulation symbol. Once it loses its credit guarantee, it is a pile of beautiful printed waste paper. Investors should be alert that there is no so-called safe investment in this world, and all investments are risky

the people's Bank of China and other departments issued a document to severely punish the above-mentioned behaviors, making it clear that token trading is not protected by law. With some virtual currency trading platforms turning to overseas, speculative money speculation has also turned to "underground". In the face of continuous renovation, on the basis of continuous strict supervision, government departments should constantly upgrade the means and ability of supervision, and continue to increase publicity and crackdown on popular science, so as to avoid the masses being deceived

extended information:

investing in virtual currency is more of a kind of speculation. Investors should strengthen their risk prevention awareness and identification ability. Without confirming the identity of the other party, they should not be involved in money transactions, trust low-risk and high return investment procts, especially not join the investment and financing group without verification, These are often well-designed traps by telecommunication network fraudsters

it's better to purchase the investment and financial management accompanied by the children, and learn from the official and authoritative channels, and report to the police in time when they are found to be cheated. Properly protect all kinds of account password, identity information, etc., don't tell others easily. Any reference to the need for transfer and remittance should arouse high vigilance and consult with trusted acquaintances

reference source: people's.com - uncover the crazy bitcoin: new Ponzi scheme of 800 yuan each<

People's website - three men set up bitcoin scam and made a profit of more than 150000 yuan and were sentenced

People's website - People's website comments on "analytic blockchain" part 3: how to avoid getting away from the real to the virtual

2. Legal risks faced by digital currency: (1) at the macro level, there are legal risks, systematic risks and consumer protection. At present, the legislative problems of e-commerce and e-payment have not been solved, the concept of e-currency and related provisions need to be clarified, and many laws and regulations have not been followed up. Secondly, there is a systemic risk caused by the collapse of a single issuing institution. If a certain issuing institution loses confidence in e-money e to its poor management, other e-money issuing institutions will also face run risk. Moreover, in the absence of standardized supervision, it is difficult for the public to effectively identify the qualification and credit level of issuers. How to effectively prompt risks and protect the rights and interests of the public has become a difficult problem. In addition, the concealment, rapidity and cross-border nature of Internet payment make e-money an inevitable money laundering tool for criminals 2 At the micro level, there are technical risks and credit risks in the main body of e-money issuance. The issuers of e-money in China include banks, non bank financial institutions, Internet enterprises and other enterprises. Due to the weak financial professional foundation of some issuers, especially the lack of mandatory technical security standards in China, there are serious management loopholes and security risks in e-money issuers. System software or hardware failures will affect the availability of e-money. Secondly, the unreasonable structure of assets and liabilities and high concentration of investment will lead to the lack of liquidity and the risk of default. In addition, the payment and circulation of e-money rely heavily on all kinds of networks, and there are all kinds of operational risks, such as deliberate embezzlement of other people's accounts, internal crimes of issuing institutions and malicious intrusion of hackers, which will damage the interests of e-money holders. Bitcoin, Ruitai and other digital currencies are suitable.
3.

According to the official announcement, digital assets and RMB recharge functions will be closed at 12 noon on September 27, and all trading functions will be closed at 12 noon on September 30. So far, bitcoin trading was officially sentenced to death


some people applaud the state's move to control bitcoin transactions, believing that this money laundering tool should have been closed long ago the invention of bitcoin in the United States disturbs the Chinese market. We should learn from Russia's ban on bitcoin. Although bitcoin makes money, it is not good for the development of the country because it is divorced from the real economy. Many young people are addicted to bitcoin and lose both money and people
however, at present, the state only restricts it, but it has not been completely banned. Big exchanges can not provide bitcoin exchange, so many of them go underground, making it more difficult to control
for young people, the state has banned trading, so it is too risky to re-enter the bitcoin market, so they should be cautious to intervene, and regret if they break the law

4. The odds of this kind of currency is very high, because there are many people who lose their property because of the odds of bitcoin, which will bring great harm to people.
5. You take Metro Line 1 to Zhongshan North Road station, then Zhongshan North Road East to North District bus station (southeast corner of Gonghexin intersection of Zhongshan North Road), take Shenchong line to chenjiajiao of Chongming, Shenchong line to Chengqiao town of Chongming County
6. The virtual currency is hyped by the makers. When the new transaction was just launched, because there were few participants, the basic chips were all in the hands of the makers, so it was easy to pull up. At the same time, substantial speculation can also attract people.
7.

No

because bitcoin is too unstable

if the currency involved in settlement is very unstable, one bitcoin can be worth 10 yuan today, and it will fall to 1 yuan tomorrow. Who is willing to settle with bitcoin

The essence of bitcoin is a limited number of distributable account currencies

because of the limited quantity, the value of bitcoin is actually unstable

because of the limited quantity, it is not enough as a means of settlement

if the current economy needs to rece the exchange rate for economic stimulus, can bitcoin increase itself to stimulate the economy? It can't

and the value of bitcoin is volatile, which is similar to stocks

the value of bitcoin today is not equal to that of bitcoin tomorrow, which will make many people dare not pay with bitcoin

in the final analysis, it is because bitcoin is not the currency issued by a country, and no one is willing to pay for it

8. First of all, the necessary conditions for the newly purchased filter plate are basically the same as the size of the matched filter plate of the original device. These conditions include the length, width and thickness of the filter plate. If there is any error, it will cause the filter plate to move left and right when it is placed on the beam of the device, or even may not be able to be placed, which will seriously affect the whole operation of the filter press
secondly, there are holes in the filter plate. Now the filter plate is made of polypropylene by hot processing and casting, and then the raw material of the filter plate of the filter press must be heated before it can be used. Therefore, it is very simple for the filter plate to form holes in the casting process. When such holes reach a certain space or quantity, the filter plate is not a qualified proct
then, it is the depth of filter plate depression. The depth of the filter plate depression determines the workload of each clearance cycle of the device (generally, the deeper the filter plate is, the greater the workload is), but the deeper the filter plate is, the better. However, when the depth of the filter plate depression exceeds the ability of the filter plate itself to accept strong pressure, the filter plate will be easily broken or damaged, or even form a sudden burst of the filter plate, injuring life.
9. Interest can make people take the initiative and forge ahead; Interests and hobbies are the biggest motivation; If there is a strong interest in learning, there will be a steady stream of learning motivation, so that learners always maintain the attitude of taking the initiative to attack the bastion of knowledge. Facts have proved that learning initiative can make achievements
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