T bitcoin China
bitcoin was born in 2009, and it has entered China since it appeared
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bitcoin:
bitcoin can be used to cash and can be converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
generation principle:
starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique. In the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
source: bitcoin
bitcoin is forbidden to trade in China digital trading is illegal in China. Financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, or directly or indirectly provide customers with other services related to bitcoin
all financial institutions, Payment institutions and Internet websites providing bitcoin registration, trading and other services should report to China Anti Money Laundering Monitoring and Analysis Center immediately if they find suspicious transactions related to bitcoin and other virtual commodities, and cooperate with the anti money laundering investigation activities of the people's Bank of China; If any criminal activity clues such as fraud, gambling, money laundering are found using bitcoin, they should report to the public security organ in time
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prohibit bitcoin related services, including:
1, providing bitcoin registration, trading, clearing, settlement and other services for customers
2. Accept bitcoin or use bitcoin as payment and settlement tool
3. Exchange services between bitcoin and RMB and foreign currency
4. Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin
5. Take bitcoin as the investment target of trust, fund, etc< strong>
although bitcoin still has great risks, after years of development, with the increase of its application population, application scenarios and application technology, no country or organization can completely eliminate it. If you can figure it out, it is likely that countries will generally accept bitcoin and embrace it
according to my personal judgment, bitcoin, after a period of continuous development, is likely to become a world currency in the future, which can play the role of electronic gold and become the target of the value of other sovereign currencies. From this perspective, bitcoin can be used as a means of asset preservation in the future when inflation is inevitable
bitcoin China's actions in the past six months have been very frequent, first clarifying that it has nothing to do with BTCC, then the acquisition of Founder Yang Linke, and then the investment in ZG exchange. It's really a happy life, causing one agitation after another. However, although bitcoin China is still called bitcoin China, it's not bitcoin China before
as the first most influential exchange in China at that time, I believe that no one in the circle did not know the name of bitcoin China. According to the public information, bitcoin China is an early digital asset trading platform in China, operated by Shanghai satuxi Network Co., Ltd. and established in Shanghai in June 2011, The trading platform was closed on September 30, 2017. It is no exaggeration to say that bitcoin China was in its prime, and the exchanges of fire coin, okex and coin an were still in their infancy. Why are the exchanges of fire coin and OK still in their infancy, while bitcoin China exchange disappeared? The main reason is that bitcoin China is the only exchange among several exchanges that has issued icocoin, and the ICO issue is a heavy blow to the 94 incident. The so-called "shooting out the head bird", bitcoin China exchange has to choose to close down. It is worth mentioning that the founder of icocoin is Yang Linke. It's really a failure!