Bitcoin ice and block chain blueprint - bitcoin, another tulip?
CNR Beijing February 18 (Reporter Chai Hua) According to the Voice of China "News" reported that if you want to ask the past this year, the most popular and most mysterious investment concept is what? Bitcoin as the representative of the virtual currency With the blockchain technology behind it well deserved.This virtual currency originated in 2009 in the past year soared 20 times, plummeted nearly 70%, becoming a night of financial and investment markets and dreams of breaking through the night The perfect combination of body.
In the entrepreneurial and investment world, the attitude toward bitcoin is equally polarized: its advocates claim it is another Internet-level technological revolution, while the skeptics firmly believe it is just one more attempt by speculators to create Field tulip fanatic. "So what is bitcoin in the end? Can it become the legal currency? Faced with the trading risk which contains, the global regulators who will take countermeasures?
The concept of bitcoin was first proposed by a pseudonym 'Nakamoto' at the end of 2008. Bitcoin is not issued on a specific currency basis and is based on a specific algorithm and distributed accounting ensures that once recorded, it can not be tampered with. In the national currency of the United States frequently used to compare, Bitcoin is the serial number on each banknote face, you know the serial number on a banknote, you have the banknote, but looks like the one we use Renminbi like, it can become a legal currency? Of course not possible.
Li Aijun, dean of the Institute of Internet Finance Law of China University of Political Science and Law said that at present, the essential and legal nature of Bitcoin are divided into three categories in the world: the first is that it is characterized as a virtual commodity or a digital asset. The promulgation of the risk warning on Bitcoin stipulates that it is a virtual commodity, and most countries characterize it as a virtual commodity. The second category characterizes the virtual currency as a foreign currency. The third category, the virtual currency can be used as a national Payment system. In either case, it is a non-statutory currency, and no single country characterizes it as a legal tender.
In September last year, China's three major bitcoin trading platforms announced one after another stop trading business, the China Internet Finance Association issued a warning on the so-called 'virtual currency' against bitcoin, etc. Prompt that bitcoin and other so-called 'virtual currency 'It is increasingly becoming a tool for laundering money, drug trafficking, smuggling and illegal fund-raising activities. Investors should be vigilant.
Li Dongrong, president of China Internet Finance Association, said that there is solid evidence that Bitcoin has been exploited by illegal activities and that all countries attach importance to the research and management of bitcoin. In our country, the renminbi is the only legal currency that is illegal for monetary activities Must be resolutely cracked down.
In the same month, JPMorgan CEO Jamie Dimon blurted out at a Barclays bank meeting that "bitcoin will eventually burst and it is a scam." And for some time thereafter, more and more The United States Treasury Secretary Mu Nuqin said that the U.S. government always focuses on the virtual currency; banks in Britain and other countries forbid customers from using credit cards to buy digital currencies such as bitcoin.
The attitude of international financial institutions towards virtual currencies such as Bitcoin has also become consistent: Richard Kovacevic, former CEO of Wells Fargo, once said: 'bitcoin is a pyramid scheme, meaningless, and I just wondered why it did not Bitcoin investors bet that others would buy the asset while others bet on it, but the fundamentals of bitcoin are meaningless.
VISA CEO Alfred Corey said: 'I do not think Bitcoin can be used as a payment method. VISA will not support virtual currency-based transactions. We only support legal tender-based transactions.'
So what made a concept such as tepid at 9 years old quickly become a cancer that threatens financial security? At home, it may be that finally 'Chinese players' have entered this field in large numbers and Once again for the speculators out of a "fortune overnight," the dream.
At the beginning of 2017, one bit of bitcoin will be less than 1,000 dollars. By the end of 2017, bitcoin hit the highest price of 1,983,300 dollars in the session. About 120,000 yuan of bitcoin definitely deserves so much attention today.
Of course, it is one of the important reasons why gambling and Ponzi schemes have been adopted by so many countries and institutions that attracting attention and being regulated can not draw an equal sign. Its roller coaster general trend is that one In the multi-month period, bitcoin once fell below $ 6,000 from the previous $ 20,000, and bitcoin plummeted 83% in three days from April 10 to April 12, 2013.
More importantly, it has created a more burdensome and disruptive issue of tokens, or the ICO market, under which all kinds of prestigious startups are sending more and more rich tokens to the more popular investors. After the issuance of tokens into the secondary market, subject to financial speculation, similar to the centralized auction transactions, the rate of return can often reach more than 100 times until last July, the seven ministries jointly issued the "Notice on the prevention of financing risks of tokens issuance", stop And forbid the domestic ICO activity.
Meng Tian, deputy director of Shanghai Institute of Technology and Finance, said: "Because the deal was not approved, it was not regulated. It is real-time, and without limit changes, it is easy to speculate, it is easy to hype and it is prone to bubbles. '
According to media reports, in 2017, the major cases investigated and dealt with by the public security organs in various places in the country involved 107 currencies, and the amount involved is usually There are billions.
Shortly before the Spring Festival of the Lunar New Year, the Financial Times, the central bank's banker, reported that the regulators will continue to pay close attention to the behavior of virtual currency and take measures such as banning related commercial ventures and banning and disposing of domestic and foreign virtual currency trading platform websites A series of regulatory measures to prevent financial risks and maintain financial stability, while the previous half a month, some of the overseas exchanges such as Monetary Security, Coin and other cents have stopped providing services for bitcoin users from China.China's first Home, once the largest bitcoin trading site 'bitcoin China' by the Hong Kong blockchain investment fund acquisition, all four major shareholders to cash in. A new round of virtual currency clean-up rectification from the beginning of this year has been intensely pulling Open battle.