Bitcoin forbids bitcoin Trading
There is no law in China to ban bitcoin, so it is not illegal to mine and earn bitcoin
it is not illegal to buy bitcoin in China. In 2013, five ministries and commissions jointly issued the bitcoin risk notice, which states that although bitcoin does not belong to legal tender and is not legally compulsory, people can freely participate in bitcoin trading activities when they voluntarily undertake risks
"notice" clearly defines the nature of bitcoin, and holds that bitcoin is not issued by the monetary authority, has no monetary attributes such as legal compensation and mandatory, and is not a real currency. In terms of nature, bitcoin is a specific virtual commodity, which does not have the same legal status as currency and cannot and should not be used as currency in the market
however, as a kind of commodity trading on the Internet, ordinary people have the freedom to participate in bitcoin trading at their own risk
the notice requires that at this stage, financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin in the scope of insurance liability, and provide other bitcoin related services to customers directly or indirectly, Including: providing bitcoin registration, trading, clearing, settlement and other services for customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc
in order to avoid over hype of virtual commodities such as bitcoin in the name of "virtual currency" and damage the public interest and the legal tender status of RMB, the circular requires financial institutions and Payment institutions to correctly use the concept of currency in their daily work, pay attention to strengthening the ecation of the public's knowledge of currency, and correctly understand the concept of currency The concept of correctly treating virtual commodity and virtual currency, rational investment, reasonable control of investment risk, and maintenance of their own property security should be included in the content of financial knowledge popularization activities, so as to guide the public to establish a correct concept of currency and investment
source of reference: People's website bitcoin network virtual currency
Bitcoin has become the most popular cryptocurrency in the world. Some countries allow the transaction of bitcoin, but some countries prohibit it. China belongs to the latter. Why does China shut down bitcoin trading? Let's analyze this problem today
bitcoin does not have the function of trading medium in China, so it can not be called currency. At the same time, bitcoin has the function of storing value and has certain investment value. However, the rapid rise of the current price has formed speculative anticipation and may form a bubble in the future. Therefore, it is necessary to take measures ahead of time, which can also restrain some illegal acts of laundering money and transferring assets through bitcoin. p>
In the notice on prevention of bitcoin risks jointly issued by the people's Bank of China and other fifth ministries and commissions, financial institutions are prohibited to intervene in bitcoin, but at the same time, it holds that "bitcoin is a specific virtual commodity, does not have the same legal status as currency, and cannot and should not be used as currency in the market. However, bitcoin trading as a commodity trading behavior on the Internet, ordinary people have the freedom to participate at their own risk. "
according to the relevant national laws and regulations, buying and selling bitcoin is legal.
according to the statement of the five ministries and commissions, bitcoin is a commodity and is legal
so generally speaking, bitcoin can be traded publicly, but it needs to be traded on the corresponding exchange. However, the trading platform is centralized. There is only one article about the Chinese government's policy on bitcoin. Please refer to the website link
The risk of bitcoin is very big. If you are not careful, you will go bankrupt. As a large commercial bank, when China CITIC Bank restricts the use of its account for bitcoin transactions, users of the account cannot use the account of China CITIC Bank for transactions. Although users can also use the accounts of other banks to trade, the attitude of big banks towards bitcoin will directly affect the bitcoin market
Recently, China CITIC Bank issued a statement saying that the ban on using accounts for bitcoin transactions has aroused heated discussion. In my opinion, the transaction risk of bitcoin is really very high, this is mainly because almost all the transaction platforms are private, and there is no guarantee. In addition, in the process of transaction, the bank account will be stolen, which leads to the high risk of bitcoin transaction
generally speaking, the risk in the process of bitcoin trading is relatively large
In the past, bitcoin was very popular, and many people wanted to invest in bitcoin. The value of bitcoin is indeed very high, which can make a lot of people make money. But in this period of time, bitcoin may not be so valuable
the value of bitcoin is very unstable, and if we want to invest, there may be a certain loss. Many banks have banned accounts from trading in bitcoin. Is bitcoin still worth investing in? I don't think bitcoin is worth investing in. There are three reasons why it is not worth it:
first, bitcoin will bring us losses
in fact, in my opinion, bitcoin is really not worth our investment, because bitcoin is likely to bring us more losses. If we invest in bitcoin, it will probably lead us to lose more money and lose all our money. This is particularly bad for our investment, and it may also lead to our life getting worse and worse{ RRRRR}
that's my opinion. Do you have any ideas