The future will be virtual currency
bitcoin is completely decentralized. Without an issuing institution, it's impossible to manipulate the number of issues. Its distribution and circulation are realized through open-source P2P algorithm
anonymity, tax exemption and supervision free
robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally. Bitcoin price may fluctuate and collapse, and many governments may declare it illegal, but bitcoin and its huge P2P network will not disappear
cross border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade with bitcoin, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records
it is difficult for the cat to survive. Because bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, recompile, and create a new P2P currency. But these counterfeit currencies are fragile and vulnerable to 51% attacks. Any indivial or organization, as long as it controls 51% of the computing power of a P2P currency network, can manipulate transactions and currency value at will, which will be a devastating blow to P2P currency. Many Shanzhai coins die in this link. The bitcoin network is robust enough. If you want to control 51% of the computing power of the bitcoin network, the number of CPUs / GPUs required will be astronomical.
I don't think bitcoin can become legal tender in the future. Bitcoin is a virtual currency, though with a & quot; Currency & quot; Word, but it's not & lt; Currency & quot;. It's a bit unfair to say that the game currency in the game room is also a currency. Why isn't bitcoin a currency
when it comes to games, they really have roots in bitcoin
what is bitcoin? A person named Nakamoto Tsung proposed an algorithm structure and constructed a network symbol. This kind of network symbol is scarce in the Internet. So, players began to dig this kind of network symbol. See here, is it like the top equipment in the game? Top level equipment is scarce. You have to fight hard to get it. You have to fight old monsters to get it. If all the beginners are rookies, you may easily get this equipment. If there are more and more professional players, it will be difficult to get the top equipment
blockchain technology can provide solutions for the supply chain finance and the exchange payment system in the supply chain system. Bitcoin and other network currency development ideas, give a good technical solution, are good technology exploration, these technologies can be applied to related instries in the future. The bitcoins trained by programmers have nothing to do with money. They're just programmers; Things & quot;, Not & lt; Currency & quot
Over the past eight years since its birth on January 3, 2009, bitcoin has grown from an anonymous geek toy to a hot news topic, and its price has also increased by millions of times
bitcoin was born out of the article bitcoin: a peer-to-peer e-cash system written by Nakamoto, which confirms that bitcoin is an e-cash, that is, a new form of currency. However, over the past eight years, whether the bitcoin is a currency or not is full of controversy. Experts from all sides have different opinions, and the attitudes of governments vary greatly
Similarly, bitcoin has no use value like legal currency, and the guarantee of its credit and exchange value is the impeccable cryptography algorithm and public issuance mechanismbitcoin has been attacked by hackers for more than eight years, but it has never been broken, and its security and reliability have been fully verified. In history, hackers such as Mt. GOx steal bitcoin because of the internal mismanagement of bitcoin exchange, the lack of system security and even self-monitoring. In addition, the natural scarcity formed by the 21 million issue limit of bitcoin is comparable to or even surpasses gold and silver, so it is more trustworthy than most legal currencies< br />
now Ecuador, Israel, Sweden and other countries are
introcing laws and policies,
banning paper money,
using digital currency circulation< Like token and bitcoin, Vicat has investment value in the early stage
foresight is the forerunner,
hindsight is the follower,
unknowingly is the consumer