Bitcoin is squeezed out
at the end of June 2013, after the German parliament decided that bitcoin would be tax-free if it was held for more than one year, bitcoin was recognized as a "unit of account" by the German Ministry of finance, which means that bitcoin has been regarded as a legal currency in Germany and can be used to pay taxes and engage in trade activities< In August 2013, judge Amos mazant of Texas District Court ruled in a case of bitcoin virtual hedge fund that bitcoin is a kind of currency and should be included in the scope of financial regulation
legal status
bitcoin can still be considered as legal at present. In the world, bitcoin can be regarded as a virtual commodity and protected by law; If bitcoin cannot be officially recognized as a kind of currency by law, it may bring inconvenience to the businesses and indivials who accept bitcoin in tax declaration, because the businesses who accept bitcoin will be regarded as barter transactions, and such transactions are more troublesome than ordinary transactions in tax declaration
at the same time, bitcoin, as a commodity highly similar to currency, needs to meet the demand of anti money laundering. Bitcoin needs to be included in the personal property declaration, banking anti money laundering system, anti insider trading, anti market manipulation and other systems in terms of transaction and possession. Bitcoin exchanges and storage institutions may also need government supervision and licensing. Some fast-growing bitcoin exchanges and payment service providers are actively exploring cooperation with regulatory agencies to bring bitcoin payment into the regulatory framework of anti money laundering and anti-terrorism financing by applying for licenses and actively communicating with regulatory authorities
in Europe, the European Central Bank published a report on "virtual currency architecture", and the French bitcoin trading platform obtained the PSP qualification. On December 6, 2012, the central bank wrote in the report: "this report is the first attempt to provide a basis for discussing the virtual currency system. While these systems may play an active role in financial innovation and in providing consumers with alternative means of payment, they also clearly create risks. " "Because of the small size of virtual currency systems, these risks do not affect anyone other than the users of these systems," the report added The report reviews the history of bitcoin and reviews its basic features, including currency and technical operation.
There are many reasons for bitcoin's collapse. I think it is mainly because it has no government policy support, the conflict between cash bitcoin and virtual bitcoin, and the decline of public confidence in it. First of all, bitcoin is not supported by the government. It is not protected by relevant government policies. In China, the protection of the government is a big protective film. With policy protection, the impact of this slump will be minimized, and the government will share part of the pressure{ RRRRR}
in any case, there are a lot of reasons for bitcoin's collapse, and each has its own views
Recently, Tencent Yujian Threat Intelligence Center has detected that Lazarus, a suspected hacker organization in North Korea, is active again. It frequently attacks by using the latest Flash vulnerability cve-2018-4878. It attacks mainly foreign digital currency exchanges by spreading malicious DOC documents that hide fallchill remote control Trojan horse
After analyzing and tracing the source, Tencent security anti-virus laboratory found that the load unloaded by the malicious document is the latest variant of fallchill remote control Trojan horse. Fallchill trojan is a Trojan developed and used by Lazarus, a hacker organization in North Korea. It first appeared in early 2017. The Trojan can realize remote file operation, remote process operation, remote information acquisition, self unloading and other functions. Once the user is recruited, the important computer information will face great threatAccording to CCTV, the price of bitcoin has fluctuated dramatically in the past four months< investors and currency holders are the first to benefit from the recent price rise
the creator of bitcoin, Nakamoto Tsung, who g 1 million coins in the early days, is now worth about US $52 billion, ranking about 24th according to the real-time ranking of the billionaires of the company
However, two weeks ago, Tesla disclosed in the SEC filing that it had purchased 1.5 billion US dollars worth of bitcoin at that time. After that, the price of bitcoin quickly exceeded the 40000 US dollars marksome analysts said that after Tesla bought bitcoin, it has made a profit of more than US $1 billion, exceeding the profit of car sales in 2020. In addition to Tesla, many companies holding a lot of bitcoin assets have also made a lot of money in this wave of price increases
in addition, in the midst of price fluctuations, the profit-making institutions related to bitcoin trading are . In addition to the substantial increase in the value of bitcoin assets they hold, their trading income also increases as bitcoin rises and transactions increase
extended data
the price of bitcoin is affected by many factors:
analysts believe that the price of bitcoin is affected by many factors, first of all, opinion leaders like Elon Musk. Another key factor is the regulatory authorities. Recently, US Treasury Secretary Yellen's speech caused bitcoin's price to fall directly. At present, the major economies have not given a clear definition of bitcoin's regulation. The rash of this aspect will affect the development of bitcoin
the birth of bitcoin was originally a protest against financial hegemony. Today, the United States has to pay for the $500 billion. Bitcoin's purpose is to create a new currency through consensus and trust among people. Bitcoin's purpose is to set the price with the participation of all members and determine the price through the free mechanism of the market, And his proction cost is the cost of equipment and electricity
no one forces anyone to join the coin circle, but the third halving of bitcoin in May 2020 will be a milestone. I don't know if bitcoin will be accepted by nobody as you said. But one thing is for sure: no matter how many non coin circle people question whether bitcoin is a pyramid scheme or has no real value, bitcoin can't be eliminated, Because his value belongs to all the people who hold and trust the consensus. If you have doubts, just watch him quietly, and let time prove the rest.
the sharp drop in the value of bitcoin will certainly have a certain impact on its related mining machines < first of all, the quality of bitcoin's mining machine directly affects how much money it makes. Now bitcoin plummets, it will let the mining machine update again
in the future, better mining machines will be developed. In this process, there may be many problems, but these problems can be solved. This batch of new excavators is believed to have more power than the current excavators. It's going to move to more bitcoin than it does today will also increase the value of bitcoin again. In this way, we can make up for the previous losses again, so we can see that the replacement of excavators is very fast, and the mining machine directly affects the earning of bitcoin. If there is a problem with the mining machine, it will be replaced quickly
With more and more cases of bitcoin becoming rich, many people realize that the appreciation space behind bitcoin is very huge. Many people are annoyed that they didn't catch the train of becoming rich. Compared with the common legal currency in life, bitcoin is a virtual digital currency. Since its birth in January 2019, the price of bitcoin has increased from US $0.0025 to US $0.0025, After ten years of development, it has successfully broken through to US $31000, and the soaring momentum has not stopped{ RRRRR}
most of them come from bitcoin mined in the early stage of technology. Many people think that these bitcoins are worthless, and they are unwilling to spend time to save them, so they are graally forgotten by themselves, and even many people have long forgotten that they own bitcoin. It must be that those who lost them because they had no hope for bitcoin should regret it now, I can only comfort myself that I have no predestined relationship with sudden wealth