Similarities and differences between bitcoin and Libra
Publish: 2021-05-15 09:53:27
1.
The user groups of Ethernet and bitcoin are different
2.
blockchain technology is not only the underlying technology of bitcoin, but also the core and infrastructure of bitcoin bitcoin has been running without any centralized organization operation and management. Later, bitcoin technology was abstracted, which was called blockchain technology or distributed ledger technology
extended data:
disadvantages of blockchain technology applied to digital currency:
first, there is no circulation management organization for "decentralization" blockchain technology is essentially a distributed database system with one-way linked list logic structure and P2P network design mode, which determines that there is no unified central control system for virtual currency based on blockchain technology
Second, it is difficult to effectively control the quantity supply the circulation of virtual currency based on blockchain technology is fixed, and according to Fisher Equation, the total transaction volume of the whole society under a certain price level in a certain period has a certain proportion with the required nominal currency volume, while the constant currency volume obviously can not meet the requirements of the growing total price of social goods Thirdly, "mining mechanism" is difficult to create recognized value bitcoin itself has no value and no national credit support. Some people think that "by continuously consuming computing power and energy to inject value into virtual currency", but it is obviously not the most efficient choice to consume millions of calculations in order to find a hash value that meets the requirements Fourthly, procers and early holders are easy to get high seigniorage any virtual currency based on blockchain technology is held by a few people at the initial stage of its development. Take bitcoin as an example. At first, bitcoin was only a proct of a few people's game. The first bitcoin purchase in May 2010 was $10000 BTC's purchase of $25 pizza. The first bitcoin transaction completed in July of the same year was $0.04/btc3. It's very strange that you ask this question. Why does no one care? Atomic currency is given to users free of charge in China through app registration, playing atomic games, advertising and so on. People have said that China and the United States do not sell it. What's the problem with no sale transaction? Moreover, atomic currency issuers are from foreign countries.
4. You can go directly to the official search, ask the official. But it is estimated that they will not necessarily tell you that some of them are confidential. They have an office in Beijing. Ask didi or Lao Li.
5. In a broad sense, they are all electronic currencies. Bitcoin can be used in a wide range and can be regarded as a global currency, but its value is very unstable. At present, it can only be used as a tool for speculation. The scope of game currency is too small. It only aims at the props used in specific games and has no hype value.
6. The biggest difference: bitcoin is a proct of liberalism, and the real currency is supported by national credit
advantages: convenient cross-border payment and constant quantity. Disadvantages: the price is unstable. It rises and falls rapidly.
advantages: convenient cross-border payment and constant quantity. Disadvantages: the price is unstable. It rises and falls rapidly.
7. But this is not the source of bitcoin's value
nowadays, ordinary computers can't dig a coin a year
therefore, I believe that the value of bitcoin comes from people's confidence in it, and it is basically not used for other purposes than money
however, the reality is that there are few occasions where bitcoin can be used for payment
at present, there are many different opinions on whether it can maintain its value. Bitcoin is not valuable, but maybe more people think that bitcoin will be worthless in the future. Bitcoin is similar to gold. The real source of the value of bitcoin lies in people's confidence in it. As far as I know, some people hold the same view as you
bitcoin advocates believe that; The value of bitcoin lies in the excellent characteristics that bitcoin is suitable to be used as currency
although generating bitcoin requires cost, not labor, and can be widely recognized by people. Because if no one wants bitcoin itself, some people think that bitcoin may rise to $10000 in the future. To put it bluntly, no matter how high the cost of mining is, it will not be worth money if you don't believe it. If people believe it is worth money, it will be worth money, so it is worth money, but it is scarce. Of course, the current price comes from people's expectation of the future of bitcoin
nowadays, ordinary computers can't dig a coin a year
therefore, I believe that the value of bitcoin comes from people's confidence in it, and it is basically not used for other purposes than money
however, the reality is that there are few occasions where bitcoin can be used for payment
at present, there are many different opinions on whether it can maintain its value. Bitcoin is not valuable, but maybe more people think that bitcoin will be worthless in the future. Bitcoin is similar to gold. The real source of the value of bitcoin lies in people's confidence in it. As far as I know, some people hold the same view as you
bitcoin advocates believe that; The value of bitcoin lies in the excellent characteristics that bitcoin is suitable to be used as currency
although generating bitcoin requires cost, not labor, and can be widely recognized by people. Because if no one wants bitcoin itself, some people think that bitcoin may rise to $10000 in the future. To put it bluntly, no matter how high the cost of mining is, it will not be worth money if you don't believe it. If people believe it is worth money, it will be worth money, so it is worth money, but it is scarce. Of course, the current price comes from people's expectation of the future of bitcoin
8. Both money and virtual money are intangible, and the most important difference between them is the difference of issuers. Electronic money is the electronization of the legal tender, including our common bank cards, Internet banking, electronic cash, and the third party payment developed in recent years, such as Alipay, fortune paid and so on. No matter what form these electronic currencies are and through which institutions they circulate, their original source is the legal money issued by the central bank
however, virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. For example, Tencent Q currency and other game currency, such virtual currency is mainly limited to circulation in a specific virtual environment. After the emergence of bitcoin, through the blockchain technology to better solve the problem of decentralization, distrust, to achieve global circulation, is sought after in the world. Electronic currency and virtual currency are collectively referred to as digital currency.
however, virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. For example, Tencent Q currency and other game currency, such virtual currency is mainly limited to circulation in a specific virtual environment. After the emergence of bitcoin, through the blockchain technology to better solve the problem of decentralization, distrust, to achieve global circulation, is sought after in the world. Electronic currency and virtual currency are collectively referred to as digital currency.
9. Bitcoin is the originator of virtual currency, MBI is split disk mode, the two are different. But both are Internet finance.
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