Bitcoin MINT
virtual currency is the currency used for electronic circulation. Now the scope of virtual currency is very large, including q-coin, bitcoin and so on. With the development of digital currency, virtual currency is becoming more and more abundant, which may become the mainstream in the future. For example, BTC, EOS, bcbot and so on are not only virtual currencies, but also algorithms, landing projects and technologies
virtual currency is mainly issued by online game service providers to purchase game props, such as equipment, clothing, etc. But at present, the use of virtual currency has gone far beyond this category. Virtual currency can be used to buy game cards, physical objects and download services of some movies and software
extended data:
real risk
as the proct of e-commerce, virtual currency has begun to play an increasingly important role, and it is more and more connected with the real world. However, with the growth of virtual currency, the relevant laws and regulations are lagging behind, which has laid many hidden dangers
fraud
the private transaction of online virtual currency has realized the two-way circulation between virtual currency and RMB to a certain extent. The activity of these traders is to buy all kinds of virtual currencies and procts at a low price, and then sell them at a high price to earn profits. With the increase of such transactions, there are even virtual mints. In addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coin making" to obtain virtual currency by playing games and then resell it to other players
Taking Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred practitioners. This not only creates a bubble for the price of the virtual currency itself, but also causes trouble for the normal sale of the issuing company. It also provides a platform for selling and collecting money and money laundering for various cyber crimes. p>
impact system
in modern financial system, the issuers of money are generally central banks, which are responsible for the management and supervision of money operation. As the equivalent exchange goods used to replace the real currency circulation on the Internet, the virtual currency on the Internet is essentially the same as the real currency. The difference is that the issuers are no longer central banks, but Internet companies
if the development of virtual currency makes it form a unified market, each company can exchange with each other, or virtual currency is integrated and unified, and all of them are based on the same standard and price, then in a sense, virtual currency is currency, which is likely to form a threat impact on the traditional financial system or economic operation
reference: network virtual currency
the bitcoin market is an extremely crazy market. Some people have become billionaires overnight, while others have been cut leeks. The ups and downs, joys and sorrows of the world are incisively and vividly interpreted anyone who knows about the bitcoin market should know that before, the value of bitcoin was only 1000 yuan, but it rose to 17000 yuan in 2017. With such an appreciation rate, the profits matched with it are also amazing. Bitcoin appeared in 2009. At that time, the value of bitcoin was only US $0.1. Looking at the price in 2017, there is a big difference between the two. If someone had a lot of bitcoin when it first came out, he would be one of the richest now
When the engineer became a billionaire, he began to travel around the world. In fact, he has long had the idea of traveling around the world, but e to economic reasons, it has not been realized. Now, the engineer can live freely and realize his dream of traveling around the world. In an interview with reporters, the engineer also said, although his original job is very good and can provide him with stable income, he has always dreamed of the global world and visiting friends from various countries. Now, he is living the life he wants, and by selling bitcoin, he has got hundreds of millions of assets, which is enough for him to spend his whole lifeRecently, there are three popular concepts: blockchain, bitcoin and ICO
one is the blockchain, which is the blockchain in Xu Xiaoping's internal letter that "if it goes along, it will prosper, if it goes against, it will die"
the other is that it has been hyped for several years, and the price keeps going up and down, but some people have been advocating bitcoin that "each bitcoin will rise to $10000"
Another is the ICO, which Xue Manzi cheered and advocated a few months ago and later was strongly concerned by the regulatory authorities. On the night of January 12, the day before yesterday, the China Internet Finance Association issued an announcement entitled "risk tips on preventing disguised ICO activities", in which it named the digital currency "chain gram" (formerly "play guest currency") released by Xunlei, saying that it "replaces the legal currency payment obligation for the services contributed by the participants, which is essentially a financing behavior and a disguised ICO". As soon as the news came out, Xunlei's share price fell sharply in the early trading of us time on Friday
"bitcoin" does not solve any problems
besides bitcoin, Xiaotao has always been a loser of bitcoin, because in Xiaotao's view, bitcoin has not solved any new problems. In other words, what would the world lose without bitcoin today? Who and which transactions will be affected? The answer is that no one will be affected except the most special people. What are the advantages of bitcoin over existing currencies? Stable currency? Security? Low cost
the decentralization advocated by bitcoin is nothing more than evading regulation. For example, the goods between the two countries should have gone through the customs. The Customs has eight channels. Now you have an underground channel. Although the distance may be closer and many customs ties may be exempted, it is illegal. It is a typical Arbitrage Behavior to evade supervision. Solving one's own problems on the premise of harming social interests and order is not desirable and can not last
What's more, in order to obtain bitcoin, the huge "mining" workload consumed a lot of power and computer computing power, and did not create any value, which is a huge waste of social resources. It is said that the cost of digging a bitcoin has reached 3000 to 4000 US dollars...
"ICO" is a typical Ponzi scheme
as for ICO, the so-called IPO project with digital currency as the media, sticking to its own hot speculation concept, holding the idea that it is not ready to cash, or the idea that the feasibility is almost invisible, relies on a kind of digital currency that evades the supervision to let people buy and hype the price... This is a typical Ponzi scheme, or open a casino in disguise
there are many such cases in history. A few years ago, some people divided any painting into tens of thousands of shares, marked a price for everyone to buy and hype; Hundreds of years ago, the Dutch were crazy about tulips. A tulip price could buy a castle... Everyone knew that it was a bubble. They all knew that the bubble would burst, but everyone wanted to beggar the neighbour, hoping to get a.
before the bubble burst.Look, you are an expert
bitcoin mining is the most important source of procing bitcoin and the method of obtaining original bitcoin
the mining of bitcoin refers to the process of generating new blocks and calculating random numbers. The simple understanding is that the computer in the bitcoin network constantly collects transaction data and constantly calculates and verifies the process. Once the verification is passed, a block is generated, and each block rewards a certain amount of bitcoin according to certain rules
therefore, in fact, bitcoin trading platform and bitcoin mining are two different concepts, and mining machine still plays a great role
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by analogy
ordinary currency is printed by the mint
bitcoin is calculated by the computer
the advantage is that the total number of bitcoin is fixed, 2100W, not controlled by any institution, and the circulation of ordinary currency is determined by the state
however, almost all countries do not recognize bitcoin as legal, and the price fluctuation is very large, constantly being hyped. I think that using bitcoin as an investment means is the same as gambling.
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 US federal government, hoping that relevant institutions would pay attention to the current situation 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. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China, focusing on whether the enterprise carried out credit, payment, exchange and other related businesses without permission or license; Implementation of anti money laundering system; Fund security risks, etc. On January 12, 2017, the business management department of the people's Bank of China also entered the trading platforms such as "fire coin net" and "currency bank" in Beijing.