BTC real value

1. 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 currency 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

according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended 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 mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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2. 1、 Bitcoin is an experimental currency, and the consensus of core members is that bitcoin is only a virtual experimental currency
its existence value is to prove whether money must have value or only need a currency symbol
if it survives and can always be used as a trading chip, it can be proved that money does not need physical value, just a reasonable currency symbol
if it can't survive, then the money must have a certain physical value
Second, bitcoin is obtained by calculating the results of mathematical problems. I think you can pay for bitcoin to get an answer to a math problem. You know, computing resources are valuable, and many people don't realize it.

3. The general idea of "fragmentation" is to change each block in the blockchain network into a sub blockchain, in which several (currently 100) collations (which can be called "check blocks", in order to distinguish them from the concept of blocks in the scenario of fragmentation) packed with transaction data can be accommodated, and these collations finally form a block on the main chain; Because these collations exist as blocks as a whole, their data must be packaged and generated by a specific miner, which is essentially the same as the blocks in the existing protocol, so there is no need to add additional network confirmation. In this way, the trading capacity of each block will be expanded about 100 times; And this kind of design is also concive to future expansion. At present, the whole expansion plan is roughly divided into four stages; This article only introces the implementation details of the first phase. Transferred from Jianshu. Currency exchange of digital currency

4. Tianlong spirit, set three functions in one, automatic planting, automatic play strange, automatic business. Fully adapt to any window, use the process can be moved to adjust the size of the window
Tianlong genie is a script program made by key Genie 8. X
[function description]
Tianlong spirit, automatic planting, automatic strange fighting, automatic business running
[instructions for use]
for detailed setting instructions and version update download, please see

auto mining start key Ctrl + Shift + home
note that it is better to keep a window size when starting this script
changing the window size will change the acquisition point
upload and download 6 minutes ago (25.14 KB)
collection settings
after the start of mining and mining
after the start of mining, only mining is needed
after the start-up of mining, only mining without mining
F10 stealth
No, not used
you need to put the stealth skill in the F10 column. After you find the collection, you will hide first and then collect it
F9 plus red
No, not used
Qingxin is suitable for the Qingxin and Chongxu of Emei
red medicine is suitable for medicine and symbiosis
Red percentage%
according to the percentage of blood strips, if it is lower than this value, red will be added< No, do not use it
red medicine is suitable for adding blue medicine
percentage of adding Blue%
according to the proportion of blue bars, if it is lower than this value, add blue
Q fishing coordinate points are separated
enter the coordinates that can be fished on the current collection map, and when the collection has no energy, it will automatically go fishing to hang energy< The first time you start the automatic mining system, a window will appear, as shown in the figure:
upload and download 15 hours ago (4.47 KB)
after you confirm, the big map will be opened automatically. At this time, you can right-click 20 acquisition points on the map in order. Click the script of 20 collection points to start the collection
when you start again, the following window will appear. You can choose whether to relocate. If it is in the same map, the same window size can keep the original acquisition point
upload and download 15 hours ago (5.05 KB)

6. 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.

7. Why do we choose gold as reserve? It has some characteristics: long-term preservation, no loss, scarcity, and impossible to appear in large quantities. This ensures the anti currency nature of gold. Unlike legal tender, which can be controlled by the government or organizations, the output of gold is there, so its value is stable and permanent. Bitcoin also has the advantages of gold, Only one thing is real and the other is virtual. The output of bitcoin can not be controlled by any government or organization. In other words, if the quantity of an item is constant and recognized by the public, it may become currency, such as ancient shells, Copper money (when copper mining is very low) and paper money is only a representative symbol of the above real money. Bitcoin has the advantages of non plication and constant output, so the bubble theory has certain limitations. Just like what is called Road, people walk more is the road, as for whether it is recognized by the state, as long as the road can not be sealed by the state, then there will be people walking on the road. After all, the road is convenient for people, and the recognized road is charged. As for the price of the roller coaster, I understand the following: 1, the imperfect protection measures, resulting in the risk of theft. 2. Excessive speculation on a commodity leads to a bubble. 3. Disapproval of real currency. I'm not studying economics, just some of my ideas. Welcome to discuss. Amir taaki, a core developer, said: "it can be said that bitcoin follows the hype cycle of gaudner. This refers to the theoretical curve of a technology from adoption to maturity. This cycle can be divided into three stages: Technology budding stage, overheating stage, disillusionment Valley stage, recovery stage and proctivity maturity stage. According to this theory, bitcoin is coming out of the disillusionment trough.

8. 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 specific currency institutions. It is generated by a large number of calculations based on specific algorithms. 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 currency 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

warm tips:
① the above information is for reference only and does not constitute any investment suggestions
② there are risks in entering the market, so investment should be cautious
response time: February 4, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html