Decentralization of legal money

1. " It's a long winter. According to the current market situation, there is a high probability that it will fall in 2019. It's almost impossible to break out. However, the instry will continue to move forward, and the decentralized exchange will continue to move forward. This is the trend of the future

one of the core advantages of decentralized trading is to avoid any assets being entrusted. You have absolute ownership and control over your own assets. The possibility of asset theft is extremely low, which greatly reces the trust cost of users on the exchange

from another point of view, with the implementation of blockchain applications, we have more and more digital assets at the same time, and we need to pay different tokens when using services. In this case, cross currency trading will become more and more frequent, and the process of realizing this transaction needs to rely on the mechanism of decentralized exchange

therefore, the decentralized exchange will have a bright future. Among all the decentralized exchanges, whaleex is my favorite. It not only has fast trading speed, but also does a very good job in security performance. Among all the exchanges at present, I think it is the best one. I don't have to worry about stealing or losing money when I put money in it. Their smart contracts are through security audit, and they will also support cross chain and legal currency OTC. If they grow up in this bear market, they will be a giant. I am very optimistic about its prospects& quot;

2. 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. 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 about 21 million

from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees

on September 4, 2017, the central bank and other seven ministries and commissions announced that China banned virtual currency trading

on December 17, 2017, bitcoin reached an all-time high of $19850

on November 25, 2018, bitcoin fell below the $4000 mark and is now stable at more than $3000.

in April 2019, bitcoin again stood at the $5000 mark, reaching a new high of the year.

3. The design of "decentralization" determines that the "centralized" government cannot touch bitcoin
the emergence, development, amendment, circulation and extinction of bitcoin do not depend on the government, so "whether the government allows" has nothing to do with "whether bitcoin exists"
for example, the birth, development and extinction of the solar system do not need the permission of the government
if bitcoin is exchanged with the government controlled "legal tender" (such as US dollar), the government can influence the performance of bitcoin by controlling the legal tender
if the recognition of such assets reaches the bottom line of% 35 in 2019, the world pattern will be more reasonable, transparent and open

how should we deal with the coming risks- Buy bitcoin quickly to deal with the risk of "no bitcoin".

4. Hello, I personally think that virtual currency is the trend of currency development in the future. Bitcoin or other virtual currencies are likely to replace legal currency, because virtual currency is a decentralized currency, and it is not controlled by any organization. It can restrain the growing inflation to a certain extent, and there will be no counterfeit currency, It is also a relatively good thing to become a new variety of people's consumption or investment. The above is my personal point of view, I hope to help you.

5. You can sell your currency to others through currency trading, and then convert it into RMB
it can't be converted directly. There is a certain guarantee for RMB exchange in currency transaction! In case of being cheated.

6. Celletf is a decentralized platform. It does not rely on third-party organizations. It is implemented automatically according to smart contracts. Of course, it is reliable.

7.

The original intention of Nakamoto's design of bitcoin is to build a point-to-point trading network that is decentralized, transaction information can not be tampered with, and the total amount of money is constant, so as to solve the problems of excessive issuance of legal currency and inflation

this is the value of bitcoin's initial design, to keep the purchasing power of money

But later, the development of bitcoin went against Nakamoto's idea. In the past nine years, the price of bitcoin soared by millions of times, creating countless myths of sudden wealth and driving another instry mining

the value of bitcoin has become a tool for "sudden wealth". More and more people join the bitcoin network, hoping to achieve financial freedom. Digital cryptocurrencies such as bitcoin have become investment procts, like diamonds or gold

by purchasing bitcoin, people can achieve the purpose of wealth appreciation and asset preservation in many troubled areas. At the same time, many people make use of the fluctuation of bitcoin price to speculate, such as moving bricks, making bands and so on

another important value of bitcoin can not be ignored is blockchain, the underlying technology of bitcoin. Because of the popularity of bitcoin, many companies and indivials begin to pay attention to blockchain, and constantly try to use blockchain technology to change the existing business and create new value. It is with the help of bitcoin that blockchain has achieved such rapid development

bitcoin is also a great social experiment for all mankind, which promotes the reform of the financial instry and gives many original things a new perspective