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Bitcoin Usher in Digital Currency Age

2023-01-24 05:01:42

Due to the current limit on the number of companies / number of companies that can be used as a viable payment method, the currency is the choice of investment rather than the currency that actually buys the currency of the day. Coupled with the lack of history, the value of Bitcoin is in an unstable stage and even reaches a certain price. Therefore, it is a difficult task that requires continuous maintenance. Since the risk is not the same as the structure of the Bitcoin system, the fundamental risk of printing more funds is not acceptable if deemed necessary.

At the top of the page there are "buy bit coins", "use bit coins", "play with bit coins", but digital assets called bit coin cores are not mentioned. That's because bitcoin (BTC) is bitcoin. There is no currency or digital asset called Bitcoin core. The Bitcoin core is the name of software that can be run on a computer to keep the Bitcoin network up and running. However, it is not the name of a digital asset. BCH has to add the word "Cash" after Bitcoin to indicate that it is a bitcoin FORK such as bitcoin gold, bitcoin private, bitcoin, etc during bitcoin. The history of disassembly Other forks do not pretend to be bit coins. Only Bitcoin Cash is dedicated to trying to cheat people to think it is a Bitcoin project.

Bit coins are digital currency. But that is far beyond this. It is a digital currency that operates without central intervention. Mr. Satoshi Nakamoto, the founder of Bitcoin, proposed a way to trade two untrusted people without a trusted third party. It's a good idea! So why is it so important? First of all, maybe you are not satisfied with the high transaction costs. You can see the international remittance market. The annual transmission cost is US $ 600 billion and the average transaction cost is 7%. Relatively simple work requires a lot of money. Second, even if transaction costs are low, you may not be satisfied with the influence of most values ​​on the company. Uber is a $ 70 billion company, and the average taxi driver's income is close to the minimum wage. Is that fair? Many people do not like this