Bitcoin is not the central control center for issuing and paying Bitcoin. The fund transfer is managed by the network node * * *, and both parties to the transaction can hide their true identities. Bitcoin is a currency created by ordinary people, not the central bank or the government. Bitcoin system is not a simple payment system, but a real money system. It was created by people, not ordinary money. Citigroup said that Bitcoin is expected to become a global settlement currency. Bitcoin can become a global settlement currency under the following conditions.

First of all, Bitcoin has some characteristics similar to gold, even better in some aspects. Because of its relatively stable value, limited total amount and easy division and dispersion, gold can be recognized worldwide and assume the function of the world currency. Bitcoin is favored by world-class investors because bitcoin and gold have many similar characteristics, even better than gold in some aspects.

Secondly, because of his decentralized characteristics. Have the characteristics of decentralization. Gold deposits are formed under the action of nature. With the action of crustal movement, gold deposits are randomly distributed all over the world. Therefore, the distribution of gold deposits is uncertain, not restricted by human will, and naturally has the characteristics of dispersion. At the beginning of its design, Bitcoin decided its decentralized characteristics in a peer-to-peer way. In the bitcoin system, a central server is not needed. Each connected computer is an independent individual. Through some agreement, thousands of independent individuals are connected with each other to form a huge bitcoin system. Miners maintain and record the transaction information of Bitcoin. The workload proves that the bookkeeping mechanism can ensure the independence of Bitcoin. At the same time, because miners are distributed all over the world, they supervise each other and compete with each other to ensure that Bitcoin is hardly controlled by human factors. When the miners successfully obtain the bookkeeping right, Bitcoin will be automatically issued in the form of rewards, which avoids the disadvantages of centralized issuance by institutions or individuals and realizes decentralization. The decentralized characteristics of gold and bitcoin make them keen tools to contain the financial crisis and solve the problem of credit currency abuse.

Finally, the gradual weakening of the dollar is also one of the incentives.