Can bitcoin be realized in banks

1. After the ZF policy, the domestic bitcoin exchanges were basically closed on October 31. Therefore, if bitcoin wants to be realized, it can only be traded on the OTC exchanges of bitcoin abroad. Many of these closed platforms have opened OTC exchanges abroad, but I don't use much. I only use the coinbee platform and sell a few coins. This is how his OTC trades, The basic routines are the same. First you have to register your account, then get your wallet address from the coinbee platform, then recharge the bitcoin into it, choose to publish advertisements, choose the quantity, price, acceptable transfer method, such as Alipay or bank transfer, if someone wants to buy your currency, he will Send a transaction request to you. Then you trust bitcoin, wait for him to call you, and click on the platform to complete the payment. After you confirm that you have received the payment, you can click release bitcoin on the platform to complete the transaction. This is my actual operation. There will be risks. Be careful. This is my personal practice, and I hope it will be useful to the subject.

2. Bitcoin can be cashed and 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. 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. During operation, bitcoin users enter a password similar to the bank pin code to log in to the network bitcoin account
through the ATM, users can withdraw the Canadian dollar cash corresponding to the ratio from the bitcoin account, or deposit the cash into the bitcoin account
bitcoin users only need a smart phone to use bitcoin, which is similar to online shopping. A bitcoin address is about 33 characters long, a string of letters and numbers, always starting with 1 or 3, such as & quot& quot; Bitcoin software can generate address automatically, and it does not need to exchange information online when generating address, so it can be offline [2]. More than 2 bitcoin addresses are available. Figuratively speaking, there are about two grains of sand in the world. If there is an earth in each grain of sand, then the total number of bitcoin addresses far exceeds the number of all the sand on all these "earths"
bitcoin address and private key appear in pairs, and their relationship is like bank card number and password. A bitcoin address is like a bank card number, which records how much bitcoin you have on it. You can generate bitcoin address at will to store bitcoin. When each bitcoin address is generated, a corresponding private key of the address will be generated. This private key proves that you have ownership of the bitcoin at that address. We can simply understand the bitcoin address as the bank card number, and the private key of the address as the password of the corresponding bank card number. Only when you know the bank password can you use the money on the bank card number. Therefore, please keep your address and private key when using bitcoin wallet.

3. Computers with bitcoin clients are called nodes, and all nodes on the Internet constitute a bitcoin network. Whenever a new bitcoin is generated and traded on a node, the node will broadcast to the nearby bitcoin node, and finally the whole network node will record the transaction information
in the bitcoin network, each node with a client installed has a distributed database to manage bitcoin proction, transaction, query account balance records, and update and record the latest records of changes in the bitcoin system
when you want to send 10 bitcoins to your friends. You need two things, one is the bitcoin address, the other is the corresponding private key. Bitcoin addresses are different from bank accounts. You don't need to sign a bunch of documents to apply for them. They are randomly generated, just a string of letters and numbers. The private key is also a similar string, but this is strictly confidential. The bitcoin address is like a transparent piggy bank. Everyone can see what's in it, but only the person with the private key can open it.
after you send the transaction application, the surrounding nodes will check whether your account has 10 bitcoins. If there are, they will agree to the transaction, and broadcast the message to the nearby nodes, which will be transmitted from one to ten, and from ten to 100, Soon the whole network will confirm the transaction information and write it to the block. Your friend will receive 10 bitcoins, and the transaction will be completed.
if you want to send small bitcoins, in theory, digital currency can be cut infinitely. At present, the smallest bitcoin unit is called "Nakamoto Tsung", which is equivalent to 0.00000001 bitcoins.

4. Because bitcoin is not monitored, there are several currencies in various countries. If you want to trade these currencies, you can easily trace the source. But bitcoin will not, because it is a digital currency, and it is not issued by any country, so it is impossible to trace its source. It's safe and convenient for those gangs to launder money with bitcoin

5. It is only a few years since the emergence of the concept of bitcoin, which has not only become a hot "gold mine" on the Internet, but also accepted and used by more and more entities. On the 29th, the world's first bitcoin ATM opened in Vancouver. It was deposited or withdrawn in the form of Canadian dollars, which immediately became popular among bitcoin fans. Analysis shows that this is not only a big business opportunity for bitcoin, but also a big step forward in the development of this "private currency"

experience

the world's first bitcoin ATM was set up in Vancouver Cafe

"the world's first" bitcoin ATM was opened in Vancouver, Canada, on the 29th, to exchange Canadian dollars and bitcoin, quickly ushering in people queuing for business. The ATM is made by American machine money and is located in a cafe called trendy in Vancouver. One of the ATM owners is Mitchell Demeter, who has been trading bitcoin for several years. This year, he partnered with two other high school classmates to set up a bitcoin trading company. Demeter said it was the world's first bitcoin ATM. Demeter and his colleagues think that bitcoin ATM is a business opportunity, because before "there was no bitcoin ATM, we all trade on the website"

ring the operation, the bitcoin user enters a password similar to the bank pin code to log in to the network bitcoin account. Through the ATM, the user can withdraw the Canadian dollar cash corresponding to the ratio from the bitcoin account, or deposit the cash into the bitcoin account. Bitcoin users only need a smart phone to use bitcoin, which is similar to online shopping

easy access

15 instries in Vancouver accept bitcoin

businessman David loy used his mobile phone to transfer 0.0101 bitcoin to "trendy" cafe and bought a cup of black coffee worth 2 Canadian dollars. Roy believes that Vancouver has a large number of online businesses, creating conditions for setting up the first bitcoin ATM. Mike young, a business student at Simon Fraser University in Canada, also came to the bitcoin ATM on the 29th. He and others founded a bitcoin club on campus, believing that bitcoin "is the trend because they can provide maximum value and efficiency"

a man with an alias of Nakamoto created bitcoin in 2008. Since then, the virtual currency has graally become popular on the Internet. About 15 instries in Vancouver have accepted bitcoin, including coffee shops and landscape design companies. Bitcoin can rece the cost of capital transfer in countries with weak banking systems, a senior investment executive at Fort investment group commented this month, the Financial Times reported

6. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. 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. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
on February 16, 2021, the price of bitcoin exceeded $50000. On February 20, 2021, the total market value of bitcoin broke through the $1 trillion mark. On February 22, 2021, the price of bitcoin exceeded $58000 per coin. On the evening of February 22, 2021, bitcoin's decline widened e to the counterattack of short selling funds. It once fell below US $48000 / piece, with a decline of nearly 17%. Subsequently, long funds quickly began to bottom, in half an hour, bitcoin fell from 17% to 6%. According to coingecko, as of 0:00 on February 23, Beijing time, bitcoin was at US $52878.42 per coin, down 9% in 24 hours

warm tips: ① according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have the monetary attributes of legal compensation and mandatory, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
② the above explanation is for reference only. Before investing, it is suggested that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistaking into the capital market
③ investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation

response time: February 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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7. In short, bitcoin is a kind of cryptocurrency (virtual currency, digital currency, electronic currency). The professional point is that bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system
bitcoin can be traded on the trading platform to convert bitcoin into RMB.

8. Bitcoin is now mainly realized through online transactions