Argentina bitcoin
In order to speed up the elimination of backward and excess capacity, the Inner Mongolia development and Reform Commission plans to comprehensively clean up and shut down virtual currency mining projects, according to an article on its official website
How to deal with bitcoin minesrecently, bitcoin continued to record high, and concept stocks surprised the capital market. Under the demonstration effect of teras' purchase of bitcoin, the price of bitcoin has been climbing, which has exceeded US $58000 before. Driven by bitcoin's booming market, & lt; Mining & quot; The rise in earnings has driven more money in. The income of bitcoin mining is mainly affected by the difficulty of mining and electricity charges. In China, with abundant electric power resources, the development of electric power instry is becoming more and more important; Mining & quot; In Inner Mongolia, an important region of the layout, the virtual currency mining project is about to be eliminated. In the past, some mines were transferred seasonally e to the wet season and dry season in Sichuan. At present, the mine owners in Inner Mongolia can only move the machines, but the infrastructure of the mine can not be moved, so they may face certain losses{ RRRRR}
Bitcoin is one of the most popular virtual currencies, which is very popular on the Internet
recently, according to the bitcoin power consumption index released by Cambridge researchers, if bitcoin is regarded as a country, it will rank among the top 30 countries with the largest power consumption in the world. The annual power consumption of bitcoin mining is about 121.36 terawatt hours (TWH, 1 terawatt hour is 1 billion kwh){ RRRRR}
recently, Bill Gates made it clear that he is not a fan of bitcoin
Bill Gates said: & lt; Bitcoin consumes more power per transaction than any other way known to mankind, so it's definitely a very important climate issue. But if it uses green power, it may not be a problem in the end
I don't think these topics are deeply relevant, although you may label me as a bitcoin skeptic
in other words, instead of investing in bitcoin, I used the money to buy malaria vaccines. I invest in companies that make real procts. But if other people invest in bitcoin and make money, I'll congratulate them& rdquo;
bitcoin lacks stability, so it doesn't have "inherent value", it's just a virtual proct. If we recognize its legitimacy, it will have a significant adverse impact on the banks of all countries, and even can replace the currencies of all countries. Finally, a few people will manipulate the world's monetary system, which is a very dangerous existence. It's not money. Whether it's legal or not depends entirely on whether a country recognizes it as legal or not< At present, the United States, China and South Korea all think it is not a currency. Among the big countries, bitcoin is only recognized as the "unit of account" by the German Ministry of finance, but it is only a unit of account, which does not mean that it is mainly a currency.
At present, the price of bitcoin is mainly driven by the Chinese market, which accounts for more than 90% of the global bitcoin trading volume
some analysts said that the rise of bitcoin was mainly e to capital and currency restrictions in China, India, Venezuela and other countries, which prompted people to buy e-money to maintain their savings, and also promoted investors to keep buying
so far, investors can't help asking whether bitcoin will replace gold as the largest safe haven asset
Ian Bezek, a professional trader, believes that bitcoin and gold have their own strengths, but gold has a greater advantage at this stage
Ian Bezek pointed out that bitcoin is highly accepted in some countries with serious capital controls, such as Argentina, where it is difficult to transfer assets abroad
e to China's economic slowdown and asset outflow, RMB devaluation occurs. Bitcoin is mainly used to convert RMB assets into overseas assets, which is much more convenient than gold
this is not bad news for gold, because the popularity of bitcoin means that gold, which is also a safe haven asset, will also usher in a rising opportunity
(1) the Midland government in South America is the first country in the world to ban the circulation of cryptocurrencies such as bitcoin
(2) the National Central Bank, the Central Bank of Bolivia, said at the time that it was illegal to use currencies not issued and controlled by the government. It is also clearly pointed out that cryptocurrencies such as bitcoin, domain name currency, dot currency, quark currency and prime currency are prohibited from actual use and price indication< (3) Bolivia's GDP is 3000 US dollars per year, ranking 122nd in the world. According to the data of the world bank, only 40% of the residents have bank accounts, and only 20% of the residents have the right to save or get loans
(4) bitcoin may be more helpful to countries with endless financial structure, so as to promote the financing of citizens. Many bitcoin startups in Latin America can help the Bolivian economy better integrate into the South American economy. However, unlike Argentina and Venezuela in South America, Bolivia does not have inflation in its own currency.
According to British media reports, with the rising price of bitcoin, more and more mining machines are now working. But behind these mining machines, it means a lot of power is consumed. According to the statistics of professional institutions, the power consumption of bitcoin mining machine has exceeded that of the 30th country. Its daily average power has surpassed that of Ukraine and Argentina. After the news was reported, there was still a discussion that the electricity was not used for mining. But the bitcoin they can dig up is really tiny, and many people think it's a waste. So today, let's talk about the significance of power waste behind bitcoin{ Third, how to view the power consumption of bitcoin
in a sense, the power consumption of bitcoin reflects that the current market is very sluggish. People prefer to invest in this seemingly illusory thing rather than in the real instry. Now, in order to develop bitcoin, the power consumption has entered the top 30 in the world. If all this electricity is used to heat water, it will last the UK for 29 years
Chapter 1 promoting the freedom of capital? What's the difference? (16) choose the right one? I think of the word "Guqin"? Ham? How can I be proud of you? Guanidine? A property? Mixed umbrella/ p> However, as the power holder, the government has no incentive to protect private property rights when it touches its own interests. In democratic countries, because the poor hold a large number of votes, the government tends to strengthen the tax on the rich in order to please the voters. This includes the US, and now the presidential candidate trump claims to strengthen taxes on the rich. p>
bitcoin is the ultimate security property. Bitcoin will not be censored, frozen, deprived, taxed, sold or restricted. What's yours will always be yours
Bitcoin is the first time that human beings use technology to ensure the sanctity of private propertyRecently, German Finance Minister Peter altemir and French finance minister Bruno lemer jointly held a press conference in Paris, saying that they will jointly promote the global supervision of the bitcoin at the G20 summit in Argentina this year, which will warn that the world's most popular cryptocurrency is being used by illegal groups
the regulation of bitcoin is likely to become a new topic of the G20 summit this year. Lemer has repeatedly said that he will propose to discuss the issue of bitcoin at the G20 summit. As for speculative risk, member countries need to discuss the regulation of bitcoin management together. US Treasury Secretary mu nuqin also said recently that he will work with the G20 to prevent cryptocurrencies such as bitcoin from becoming the digital equivalent of anonymous Swiss bank accounts
Experts suggest that the G20 and some international financial institutions should speed up the formulation of relevant principles and guidelines to provide cases and follow-up for countries to establish coordinated regulatory policies. At the same time, we should achieve global coordination in supervision to jointly crack down on illegal cryptocurrency transactions and crimessome analysts said that the rise of bitcoin was mainly e to the capital and currency restrictions of China, India, Venezuela and other countries, which prompted people to buy e-money to maintain their savings, and also promoted investors to keep buying
so far, investors can't help asking whether bitcoin will replace gold as the largest safe haven asset
Ian Bezek, a professional trader, believes that bitcoin and gold have their own strengths, but gold has a greater advantage at this stage
Ian Bezek pointed out that bitcoin is highly accepted in some countries with serious capital controls, such as Argentina, where it is difficult to transfer assets abroad
e to China's economic slowdown and asset outflow, RMB devaluation occurs. Bitcoin is mainly used to convert RMB assets into overseas assets, which is much more convenient than gold
this is not bad news for gold, because the popularity of bitcoin means that gold, which is also a safe haven asset, will also have an opportunity to rise.