-& gt； The total economic growth, the total amount of bitcoin is limited.
-& gt； With the appreciation of bitcoin, the purchasing power increases-> the willingness to invest and consume decreases.
-& gt； Causing deflation, economic depression and soaring unemployment rate-> deteriorating economic and social environment-> forcing the international monetary system to resolutely give up the monetary role of Bitcoin-> Bitcoin is worthless.
2. bitcoin exchange rate stability-> its anonymity and convenience of transnational transactions are used for money laundering, asset transfer and illegal transactions. > this demand is increasing, and the total amount of bitcoin is limited->; Promote the gradual rise of the bitcoin exchange rate-> Speculators see the rise of the bitcoin market and keep pouring in to speculate > The bitcoin exchange rate further rises or even skyrockets-> Miners and currency holders sell at a high level-> Under the exchange rate-> Market panic spreads further and accelerates the decline-> Bitcoin re-enters the period of exchange rate instability->; The unstable exchange rate makes Bitcoin unable to perform its monetary duties-> The international monetary system and governments all over the world do not recognize the monetary function of Bitcoin->; Bitcoin can only be the object of hype. Therefore, to sum up, the characteristics of Bitcoin itself determine that its exchange rate cannot be stable, and it cannot perform its monetary duties and become a new generation of currency. Actually, Cheng is also from Xiao He! The characteristics of fixed total amount and anonymity are the advantages of Bitcoin, but it is also its biggest disadvantage! Bitcoin is on the road of self-discipline and self-destruction. Finally, speculation is a "stupid" game in delivering packages. Therefore, please cover your wallets for spectators who have not yet entered the market, and don't send money to miners and hoarders. Take care of yourself!