In 2008, Internet geek Nakamoto presented the concept of Bitcoin, a brand new electronic currency. Bitcoin is a decentralized accounting system in which people obtain bitcoin by mining and complete payment by public accounting. In the past few years, bitcoin prices have skyrocketed by millions of times, leaving many people to get rich overnight. Last year, the collapse of Bitcoin caused many people to suffer heavy losses. Bitcoin is a kind of network virtual currency. Bitcoin can be used to cash in. This is a point-to-point decentralized digital currency, saying that human beings are the first real digital currency in history. Bitcoin (BTC) is a virtual digital currency that uses SHA-256 algorithm, chained encryption structure, distributed database; transmission through P2P network, community consensus for workload proof (POW, work proof). It is open and transparent, cannot be tampered with, and is easy to trace. Today, we look at some of the personal insights of the Bitcoin blockchain from the perspective of 13 netizens. They are purely personal opinions of these big names. Everyone is for reference only, and it may be helpful for you to understand these new words!
Netizen 1: I discussed it with my classmates today, and then I watched the teacher’s video. I always think that Bitcoin is a Ponzi scheme, but this scam is based on the absolute condition of a technology, so that it has a very high processing speed and Security guarantees the possibility of its operation. Once the technology is broken, this absolute constraint will disappear and everything will become a bubble. Virtuality is always virtual, but this technology is indeed worthy of admiration.
Netizen 2: At the end of 2017, I know btc. At the beginning of 2018, I went into the speculative coin "chives" and lost half a year's salary in less than half a year. Hey, he has lost 95% of his account and has not logged in for half a year. He expects ETH OMG AE BTM ZIL to rise in a certain year. When you get to 100$, you will return to it. Be cautious when investing in the future. Be cautious especially. The participating projects are all cut from the leeks. When I come in to speculate again one day, I can't be a leek.
Netizen 3: Hello, I have earned 1.8 million in 17 years. After 18 years of losing money, I have posted 200,000 yuan. Now I am honestly moving bricks. However, I have invested in many quality projects in 18 years. I believe that The future of the blockchain is definitely bright! In the future, I will definitely be unlimited, silently accumulate knowledge and study hard! Bitcoin sets cryptography, computer, and the amount of money. The strangest thing is that people who know it know the wisdom of Nakamoto, and people who don’t know are confident about their IQ. In 17 years, many people have earned n more money. I earned 1.5 million from a classmate. I have never worked since graduation, and more than tens of millions of people. The feeling is too unreal, I feel like every day. The same as money.
Netizen 4: I think it's very simple, but it's not simple enough. To give a simple example, everyone in the same town does not use money, and then each bills, and uploads their respective bills to the processor, which processes the bills and charges a certain processing fee and information retention fee. The processor is of course composed of "mines." The bill processing fee and the deposit fee are treated as remuneration. The blockchain itself does not generate wealth. If you have to say that you are generating wealth, then you have a demand for cpu graphics cards and electricity. The blockchain has certain advantages. The advantage lies in generating a large amount of information, which is conducive to the allocation of resources to guide production. But the disadvantages are even greater. First, bitcoin does not generate wealth, no endorsement of credit, no interest, and national currencies have at least endorsement of national assets and interest. It is also worth mentioning that Satoshi Nakamoto secretly hid a lot of bitcoin before Bitcoin appeared.
Netizen 7: Bitcoin used to be a virtual currency, and now it is just a benchmark for faith and industry. After all, the blockchain is frontier technology. Many things are being studied and researched. It is still early in the life of the people. The scammer wants to swindle the money and wrap it, and then many people are afraid and misunderstood. I used to talk to my friends about science. I am lazy now. After all, people who want to know will naturally understand that people who don’t want to know more will say no benefit. The currency is white, it is the token. The birth of each token has different original intentions and functions, so as long as others say virtual currency, they know that they are laymen. In addition, the problem of mining waste resources, in fact, the current mine is very environmentally friendly. There is always a process of innovation. Amazon is not a day of success. The society needs to give innovation some tolerance so that it can stand up to the courage and dedication of the pioneers. In the iato era slowly mature, the blockchain is just a passer-by, no matter where the technology develops, it is ultimately a game of class struggle and rights. Decentralization is still a beautiful dream after all, and satoshi's vision has not been split countless times. So still make enough money to get old, haha, the world is sometimes difficult to understand.
Netizen 10: Bitcoin is equivalent to a virtual precious metal. There are only 2100W in the world, each with a series of numbers. The so-called mining is to calculate the serial number of this series by computer. The development value of each bitcoin depends on this number. Electricity bills, people use Bitcoin to trade is basically equivalent to using money to buy this precious metal (you imagine it as gold), and then resell and sell other people, in fact, the operation of buying and selling paper gold is the same, the difference is in the purchase and After selling paper, gold, as a mortgage, has real gold in the vault. The collateral for buying and selling Bitcoin is the electricity bill for calculating the amount of each bitcoin. Because Bitcoin is virtual, there is not a lot of bitcoin long-term storage for investment. They are fast forward and fast forward and use bitcoin as a transaction intermediary. Therefore, if the price of Bitcoin is high, it proves that the amount of illegal funds transferred in the world is very large. The low price of Bitcoin proves that global B-gold trading has decreased. Therefore, to view the history, the time period in which bitcoin reaches a new high must be the peak period for some people to go out with a lot of money.
Netizen 13: Order: cryptocurrency → blockchain → hash function → mining → bitcoin. The blockchain is a new technology worth knowing, but Bitcoin itself is a speculative commodity, and the media has a situation in which bitcoin is over-expressed.
