Is bitcoin a financial product
bitcoin is just a game. If it is promoted as a tool to get rich, it can be regarded as a fraud. Just like the currency in other online games, the only difference is that bitcoin has been standardized since the game was first formulated. It can't be issued indiscriminately, so it can keep its value better than other virtual game props. It is equivalent to the online collection. Bitcoin is a prop in the game, and its value is reflected in the recognition of bitcoin by players: more people play, the value of props in the game is higher; The risk is that he is not the only game, and his algorithm is not the only one. Maybe someone will be able to make other special coins soon. All you need to do is promote the game and sell your props. As for money, bitcoin does not have the basic attributes of money, such as unfair initial distribution and insecure circulation. Money needs to be maintained by the state machine
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software and the P2P network on it were designed and released. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Unlike most currencies, bitcoin does not rely on specific currency institutions to issue. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to a number of regulatory authorities of the federal government of the United States, hoping that relevant institutions would pay attention to the status quo of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
3. On May 12, 2017, a global outbreak of bitcoin virus madly attacked public and commercial systems! Nearly 74 countries in the world have been seriously attacked
4. From August 1, 2017, global bitcoin trading platform will suspend recharge and withdrawal services. Bitcoin China digital asset trading platform will stop new user registration on September 14, and all trading businesses will be stopped on September 30
< H2 > reference materials: network bitcoin
"Gold and silver are not money naturally, but money is gold and silver naturally." this is a sentence Marx said about money
How to understand? In fact, it is very simple that money is the inevitable proct of the development of human life. In the earliest stage, gold and silver were only used as a kind of metal or a kind of ordinary commodity to exchange things. However, with the development of society, people find that gold and silver are easy to separate, easy to preserve, easy to carry and other advantages, so the suitability of gold and silver as currency is reflected, and naturally evolved into currencyWhat about bitcoin
many people must have heard of bitcoin, but most people may still be in a wait-and-see state because they don't understand it. In fact, as a way of investment, bitcoin trading is very easy to start, and it is also very flexible. You only need to buy when the price is right, and you can sell when you think you can. The trading process is very fast, which can be completed in a few minutes, and supports 24-hour trading, so you don't have to wait until the trading day
recently, the central bank has also issued a digital currency DCEP. Compared to DCEP, bitcoin is a centralized virtual currency, which is not directly related to legal tender. Its value is mainly determined by the market, while DCEP is essentially legal tender, and the legal relationship with RMB has 1:1. Its nature is more like the surplus in WeChat and Alipay, and it is the renminbi stored in electronic purse. Although DCEP and bitcoin are still a little different, the issuance of DCEP also shows that the central government is optimistic about the development prospect of digital currency
if you want to start investing in bitcoin, you need to find a suitable platform
many people think that bitcoin trading is very complicated. Do you have to understand English to trade on foreign websites. In fact, it's not. There are many reliable platforms in China, such as okex, which are very well-known internationally. The platform is the first in the world in terms of volume. In terms of interface design, the fluency of the platform is very good, and it's easy for novices to operate
the address of okex is
register in okex | digital currency bitcoin registration | okex
generally, you can open the web version directly through the browser or download the client
before trading, you need to register your own okex account. The registration method is the same as that of ordinary websites. You can register with your own mobile phone or email. Registration does not need a lot of security verification, not because the okex platform does not pay attention to transaction security, but only before the transaction, the system will prompt for all kinds of authentication. According to the different transaction amount, the level of authentication is also different, which is divided into three levels, corresponding to different transaction permissions
after registration, you can buy money. Okex platform supports various types of digital currency transactions, including legal currency transaction, currency transaction and contract transaction. Legal currency transaction is to use legal currency to buy and sell digital currency. Currency transaction is to use one kind of digital currency to settle another kind of digital currency. Contract transaction may be more complicated for beginners. You can try legal currency transaction and currency transaction first, and then learn contract transaction
to buy money, you can click "buy money" in the navigation bar to get to the quick buy money page. Quick buy money supports Ethereum, bitcoin, usdt and other six digital currencies. After selecting "bitcoin", the transaction price of the current bitcoin will be displayed in the buy money bar
enter the amount or quantity you want to buy in the buy currency box, and choose the payment method to pay. The way of payment is Alipay, WeChat and bank card. Now there may be more people who use Alipay or WeChat to pay.
when making payment, take wechat payment as an example, the payment page will display the seller's collection QR code, and the buyer needs to scan the QR code directly for transfer. The transfer must be completed within the transaction time prompted, otherwise the system will close the transaction over time
after payment, don't forget to click "I have completed the transfer, next step" before the seller will release the money
after the transaction is completed, you need to check your account to see if you have received bitcoin.
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
Whether in the past or in the future, we have always advocated that indivial interests should be in line with collective interests. When facing social and economic interests, we should first consider social value. When dealing with virtual currency shuttling through financial transactions, how should we choose its social and economic value
there are thousands of virtual currencies in circulation in the market, and not every currency will follow the principle of social value first. From December 17 to January 18, many virtual currencies scrambled the trading market by virtue of ICO chaos, which not only made many investors lose money, but also lost the hope of increasing the value of virtual currency, This kind of virtual currency not only has no social value, but also can never realize its own economic value
As the first virtual currency to appear in the public's eyes, bitcoin is a financial proct with both social and economic values. It not only grows graally in the process of development, from less than $1 to $10000 + today, but also drives the development of the whole instry. Bitcoin is the leader and protector of the emerging instry, Its contribution is multifaceted and its advantages are incomparable As a new emerging virtual currency, mycoin may not seem warm now, but the soup made by slow fire is often different. I hope mycoin will move closer and closer to bitcoin and compete with it in the near futureICO technology is a kind of underlying technology serving international cryptocurrency. Originally, it is a new application of computer technology, which will get international support. However, many investors issue blockchain to obtain returns and raise funds from the public, which has great investment risk, In addition, some institutions do not meet the regulatory requirements and issue blockchain projects without authorization, so many countries do not recognize ICO projects
in order to solve the problem of non-compliance, the unregulated ICO instry needs to be recognized by the international community. At this time, someone will think of setting up a foundation to operate. As foundations belong to non-profit organizations and projects issued by non-profit organizations belong to public undertakings, they are more easily recognized by people at home and abroad. It happens that the Singapore government strongly supports ICO technology, vigorously develops blockchain technology, and gives preferential policies. Therefore, it has become a broad consensus to set up a non-profit organization foundation in Singapore, This is also the fundamental reason why all registered ICO foundations choose to be in Singapore
What preparations are needed to register a foundation
First: the name of the registered foundation. This name needs to be in English, and those who already have it can't be registered any more
Second: Directors and shareholders: provide scanned copies of directors, shareholders' ID cards or passports, and at least two directors, one of whom is Singaporean (we can provide, not holding shares)
third; Choose two business scopes
as long as you provide the above three points, you can register. The registration time is generally about 10-25 working days< After the registration, there will be later legal services:
legal opinions generally include the following four items:
1. Token non securitization proof: to prove that the project is non securitized and to prevent MAS investigation
2. White paper legal opinions compliance: to prove that the project is not in violation of any regulations of Singapore and is compliant; When going to the stock exchange, we need to use
3. Sales compliance of private placement terms:
4. Compliance of public offering terms: it is equivalent to a guarantee for sales after going to the stock exchange, increasing the confidence of investors
it can be seen that in order to hedge risks and have enough cash flow, there is no way to open a key hub "exchange". Take the seven-year-old exchange AEX as an example, it supports the mutual mortgage lending of 23 kinds of tokens, which can arrive in one second, providing more cash flow for users
miners can obtain working capital by mortgaging bitcoin, which can be used to pay mining costs or purchase new machines to gain higher computing power and increase income
if long-term activists can make use of AEX's financial supermarket to select deposit currency to generate interest, the current annual rate of CNC (1cnc = 1cny) is 11.5%, which is available in 30 days, 90 days, 180 days and 360 days. They can also transfer funds with one click, and they can withdraw funds flexibly when they need them, unlike other platforms, which can only withdraw funds when they have to mature
the platform is very important for financial management. Don't go to a small platform. It's possible to be run every minute. The history of the whole instry is only more than 10 years. As a living fossil of the instry, AEX exchange is still trustworthy. After all, it has seven years of safe operation, which can be referred to. www.aex.plus
last but not least, the annualisation of bitcoin financing on network a (AEX) is higher than the average level of the market, and the income will be more, but it is limited, so we need to grab it earlier.
the reason is that there are too many uncertain factors at the present stage, which leads to the high risk of currency speculation. If you have a lot of time and are a currency speculation expert, you can ignore my talkative attitude. However, if you want to seek stability like me, you are recommended to give priority to investing in digital currency financial procts with an annualized rate of 10-15, which is not high in the currency circle, but stable enough, such as the financial supermarket of a.com, the financial management supermarket of a.com, and so on Fire money and other old exchange platforms can be invested.