bitcoin world

A. Which are the top ten bitcoin exchanges in the world

According to CMC statistics, there are nearly 300 digital currency exchanges currently included, among which the top 10 The domestic exchanges of the Ministry are: Huobi, okex, Manbi.com, etc., and there are many other overseas-themed exchanges.

B. I think it is very strange why there is a world Bitcoin WBTC but no world

The digital currency market database of British wealth shows that the name contains “Bitcoin” “There are already 10 digital currencies. It’s not uncommon to call the world Bitcoin. But now the mainstream of transactions is Bitcoin, accounting for 33.92%.

Source: All Digital Currency Quotes

C. How many bitcoins are issued in the world

The total number of bitcoins is 21 million, Never overshoot. Its founder quit the bitcoin circle in 2010, and now a little more than half of the bitcoins have been mined. The price of Bitcoin is gradually returning to rationality after the madness of 2013. However, it is still only a small-scale socialization experiment.

D. How many bitcoins are there in the world

What are bitcoins edible?

E. Is it really possible for bitcoin to become a world currency?

According to Goldman Sachs analysts, bitcoin could become a legitimate, widespread sexual form of money, but for now it is still mostly a theoretical possibility.

Analysts believe that the reality is that in most places, encryption Currencies still have very high barriers to entry. First, governments cannot track who is buying or selling bitcoin. And as we all know, the prices of cryptocurrencies are very prone to big swings. This range of volatility is very rare in fiat currencies, so Bitcoin is not suitable for being a reserve currency.

F. How many bitcoins are there in the world

There are only 21 million bitcoins.

“graphics card mining” is a joke. In fact, it is running a specific algorithm to generate bitcoins through a lot of calculations.

Extension information:

The concept of Bitcoin (BitCoin) was originally proposed by Satoshi Nakamoto in 2009. Idea designs and releases open source software and builds the P2P network on it. Bitcoin is a P2P form of digital currency. Peer-to-peer transmission means a decentralized payment system.

Unlike most currencies, Bitcoin is not issued by a specific currency institution. It is generated by a large number of calculations according to a specific algorithm. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm And record all transaction behaviors, and use cryptographic design to ensure the security of all aspects of currency circulation. The decentralized nature of P2P and the algorithm itself can ensure that the value of the currency cannot be artificially manipulated by mass-producing Bitcoin. The cryptography-based design allows Bitcoin to be transferred or paid only by the true owner. This also ensures the anonymity of currency ownership and circulation transactions. The biggest difference between Bitcoin and other virtual currencies is that its total amount is very limited and it has a strong scarcity. The currency system used to have no more than 10.5 million for 4 years, after which the total number will be permanently capped at 21 million.

Bitcoins can be cashed out and can be exchanged into the currencies of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items.

West Virginia Democratic Senator Joe Manchin (Joe Manchin) on February 26, 2014 sent an open letter to various regulatory agencies of the US federal government, hoping that relevant agencies can encourage illegal activities on Bitcoin The current situation that disrupts the financial order should be taken seriously, and action should be taken as soon as possible to completely block the electronic currency.

From 12:00 on January 24, 2017, the three major bitcoin platforms in China officially began to charge transaction fees.

G. Will bitcoin become a world currency?

Bitcoin is a currency without a central bank Participate in the issuance of digital currency with a fixed total amount. Bitcoin is built on the global P2P network, and countless P2P nodes around the world maintain the Bitcoin network around the clock.

Bitcoin will become the world currency.

The reasons are as follows:

  1. Germany has recognized bitcoin as currency

  2. US courts have also recognized bitcoin For the currency

  3. The answer on the first floor obviously does not understand the essence of currency, the current currency is credit currency (what is credit currency you can network), credit currency is based on credit Backed, not gold. The gold standard collapsed after the Bretton Woods system. The current mainstream world currency is not backed by gold.

  4. Bitcoin��� A credit currency that is built on people’s trust in the Bitcoin algorithm. The credit of a real Bitcoin is built on the P2P system mechanism of Bitcoin.

  5. From the shells used by the ancients to the gold and silver paper money used today, to the digital currency people use (the money on the bank card can be understood as digital currency), to the bitcoin currency. This is clearly the evolution of money.

    To sum up, Bitcoin is the currency of the future and the currency of the world in the future.

    Thank you!

H. Bitcoin will become the world currency

Let’s leave that aside Bitcoin, talk about the conditions it should have to become a world currency:
1: Convertibility;
2: Relative stability of value:
3: Universal acceptance

As far as I can see, Bitcoin does not have 3 points, so it is empty talk to become a world currency

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