Problems of bitcoin decentralization

1. bitcoin is valuable under certain circumstances, but it is worthless under certain circumstances. Because it's not legal tender. It is impossible for any country to get the right to issue legal tender to use any mining machine. Bitcoin is just a virtual number. While it's still possible to change money, change it quickly! It's too late to wait until it's worthless at the end.

2. Because bitcoin does not exist in the issuing institutions (bitcoin is extracted from the network), nor does it exist in banks, but directly through a personal to personal transfer.

3. This is not necessarily true. After all, it is a digital cryptocurrency, each of which is separate and not stored on the website.

4. For example, I borrow money from you in a village. Normally, if I am afraid that you will not repay the money, I can find an intermediary recognized by everyone, such as the village head as the guarantor, and sign an IOU. In this way, if you default at that time, I can find an intermediary to prove that you really owe me money, But there are two problems: 1. What if the village head finds out that his long lost son colludes with him to cheat you on money? 2. What if the middleman dies on the spot the next day! This is about trust and security. If the method of blockchain is to provide you with the certificate of the whole village (distributed), so that everyone knows about it and the other party can't default on it. Second, even if a small number of people or village heads deny (some nodes commit crimes) that they have lost the IOU or tampered with the content, there will still be others to make the basis

above, explain the two problems of building owners: 1. Decentralization, because the account book records are not centralized in the hands of each participant, and you will get paid if you save and keep accounts. 2. Since I can get rewards by saving and keeping accounts, can I just keep accounts instead of storing them? If you have a mining pool, you can keep accounts for it and store it for you. In this way, you can still get good rewards. There are only a few mining pools in the world, so they are centralized

5. In addition to bitcoin, Ruitai, Laite and Ruibo, the mainstream digital currencies have certain liquidity, other Shanzhai currencies basically have no liquidity. The related application is even more deficient, just staying in the theoretical stage

of course, it is not ruled out that large institutions will develop liquid digital currencies in the future.

6. I don't know what you mean

7. 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".

8. There are several problems in the development process of bitcoin:
1. Supervision. Decentralization is the biggest advantage and the biggest disadvantage of bitcoin; Because it is easy to be used for illegal trade
2. The problem of trading platform. At present, the domestic bitcoin trading is closed, but the foreign bitcoin trading market is hot and there are many platforms, so it is difficult for users to distinguish the legitimacy of the trading platform
3. As for the transaction risk, the bitcoin development team is only responsible for the development, maintenance and improvement of the bitcoin system, but it is unable to guarantee the normal progress of the transaction
4. As for the identity of the trader, generally speaking, the trading platform authenticates the user's real name, but the coin pack thinks that there are still some loopholes in this kind of authentication
5. Legitimacy. Because different countries have different views on bitcoin, they have different views on bitcoin.

9. It's OK to play. It's hard for you to recover the capital in a short time. You don't want to make money in a short time. Which miner will sell it to you? I g it myself

10. The biggest obstacle is that we all hold bitcoin. Like RMB, we all have the ability to trade. I don't have you. That's impossible. But now with okex, the trading between bitcoin becomes simple. I believe more and more people will try to have it. It's just a matter of time.