The relationship between bitcoin and real currency

1.

1. The concept range is different. bitcoin is a kind of digital currency, and the concept of digital currency covers bitcoin

However, some digital currencies have independent issuers

The biggest difference between bitcoin and other virtual currencies is that the total quantity of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Bitcoin is a digital currency

digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold

today's digital currencies, such as bitcoin, lettercoin and ppcoin, are electronic currencies created, issued and circulated by means of check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency

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illegal digital currency

in recent years, "virtual currency" represented by bitcoin, Ethernet currency and Leyte currency has been traded centrally on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life

not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender (legal currency) issued by monetary authorities, but a specific virtual commodity in essence

therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing

2. Whether bitcoin is a bubble or a historical opportunity is a topic that the market will never stop discussing before the real test comes up. To evaluate the real value of an asset, perhaps the financial crisis is the best touchstone

ring the global financial crisis in 2007 / 08, the price of gold fluctuated sharply. In March 2008, the price of gold peaked at 1032, then plummeted to 680 in a few months, and then went all the way to the peak in 1920.

3.

There are two relations between bitcash and bitcoin: bitcash is the bifurcated and competitive currency of bitcoin{ RRRRR}

Second, competitive currency. As the name suggests, they are two competing currencies. It is just like the competition of two kinds of homogeneous goods in the market, competing for market share. In the virtual digital currency market, the market share is so large that more people hold one kind of currency, the number of people holding another kind of currency will be relatively reced, forming a competitive relationship between you and me

in these two relationships, competitive currency is easier to understand, while forked currency is more difficult because it is a technical problem

is the relationship between the two currencies clear now

4. A perfect life needs a good character. There is only one step between a good character and a bad temper. A good character can be cultivated consciously. With a face like Buddha and Bodhisattva, smiling, solemn, generous and holy, you can see that your mind is pure, inaction and trouble free. A perfect life needs a good personality, personality shaping, mind purification and psychological quality improvement, It is our lifelong mission to shape a good character by heart. It is a process of self realization, self perfection and self transcendence. In this process, we know who we really are and where we should go in our life. Therefore, we are willing to make more efforts to win the desired success, effectively control our desires and realize the harmonious development of our body and mind. If the person who can help us most is ourselves, then the person who can help us most is our good character, Good character is a golden key to happiness. Take other people's evaluation and behavior as the mirror of self-improvement, give full play to your personality, and make it perfect for you

people consciously shape their own character and consciously temper themselves. The better their character is, the more they will understand the value of tribulation for life and always insist on improving their character, because the real success does not lie in how much money you earn, how much reputation and how high status you have, but in how good you are, The ultimate goal of life is self realization. We can see a new self every day. Comparing the present with yesterday, surpassing yesterday, and being the best self, such people are doomed to succeed. Today's character, whether good or bad, is created by us. There is no reason to blame anyone, but to change our character and push it to a better state, It also depends on ourselves

because when we are in a bad mood, we will unconsciously hold our bad mood tighter, close the door and don't talk to others, sulk and lock our eyebrows and think wildly. As a result, our mood is even worse and sadder. At this moment, we should learn to turn the new year around and get rid of the original bad mood. We should take good care of ourselves, look at the facts and try to solve them; Those are rubbish. If you want to create trouble for yourself, you should put it aside, wash away those unclean thoughts with Buddha's manna water, and bring up our mindfulness. In this way, you can deal with it easily and have a clear mind and a pure heart. When I have trouble, I will be able to get rid of it, I often ask myself: is it helpful for you to get rid of life and death? Worry is the most harmful to the health of the body. There is no need to punish yourself. It's a day to worry and live peacefully. Why not choose to live peacefully? If we change our mind, we will face a better world. Therefore, we should always control our bad thoughts, completely eliminate unhealthy thoughts such as greed and hatred, and maintain a peaceful and strong mind and an equal and pure heart.

5. Personal opinion: (answer the above questions one by one)
1. The value and significance of bitcoin: 1. The designer's original intention is to build a free, non central and orderly currency trading world It is a kind of realization of the designer's idea, and it is also a kind of experiment or game) 2. The time used in calculation is obtained as reward (the proposition of calculation is that infinite people's life is limited) 3. Cryptographic technology ensures its security. At the same time, it is well used and packaged Because in the early days of currency issuance, it was just a favorite of geek enthusiasts It is more like financial bonds in the early stage of the subprime crisis in the United States)
2. Businesses accept bitcoin: there are multiple needs: 1. Attract more avant-garde customers. 2. Geek lovers, etc.
3. The ratio of real money to real money is all left to the free market, which can be artificially speculated It didn't make any sense.

6. The biggest difference: bitcoin is a proct of liberalism, and the real currency is supported by national credit
advantages: convenient cross-border payment and constant quantity. Disadvantages: the price is unstable. It rises and falls rapidly.

7. Interim solution 1

8. No, virtual currency has value just because it is virtual