The crazy appreciation of Bitcoin has attracted much attention, and its fiery degree can be seen from high Weibo. A few years ago, I heard reports about bits and pieces. With the crazy appreciation of Bitcoin this year, this technology product played by a few people has entered the public's field of vision. Why bitcoin is valuable, we analyze it from these aspects.

That thing which is rare is dear. Bitcoin was invented by Satoshi Nakamoto in 2009, which is an electronic currency generated by blockchain technology. The design of this technology makes bitcoin theoretically only produce 2 1 10,000 pieces, and the number is scarce. Then some people will ask why bitcoin was not expensive before, and why it is appreciating wildly now. The reason is that people's needs are not met. Bitcoin is different from traditional currency, and it has no value in itself. More like a large-scale social practice. At first, it was useless because the quantity was too small. With the passage of time, most bitcoin has been dug away, and people gradually realize the convenience brought by blockchain technology. This special technology enables Bitcoin to break the restrictions on the international circulation of funds, and the transactions cannot be traced, which makes those black market traders engaged in illegal transactions see hope and the demand increases greatly. In order to complete large-scale unidentified property transactions, a limited number of bitcoins become inevitable. Folk speculation is also very hot. These foreign investment projects attract a large number of investors to follow up with high risk and high return, which virtually accelerates the appreciation of virtual currency such as Bitcoin. This reminds me of the listing process of the company. Bitcoin, as an original stock, has basically been issued. After being hoarded and snapped up by some people, it is just like a company IPO. The surge in primitive stocks has caused a large number of onlookers to be eager to try. The ultimate beneficiaries are undoubtedly the first batch of bitcoin holders, and the confidentiality of bitcoin makes their identities an unsolved mystery.

In fact, the concept of Bitcoin was first put forward by Satoshi Nakamoto in 2009. It is a kind of digital gold. Similar to gold mining, bitcoin is also mined from the Internet-users can get 50 bitcoins by solving a specific mathematical problem through a computer, and the exchange rate is determined by bitcoin exchanges such as Mt.Gox

At present, Bitcoin has crossed the 14000 mark and continues to show an upward trend.

First of all, there are some differences between bitcoin and ordinary currency.

Bitcoin transactions are very convenient, as long as you download a client on your computer, any two people can make corresponding transactions; In addition, bitcoin has a wide coverage. At present, Bitcoin can be exchanged with most currencies, while other virtual currencies are difficult to do, such as Paypal, which only covers more than 60 countries.

Second, bitcoin technology is very scarce.

Bitcoin is a series of algorithms to obtain resources through the work of bitcoin mining machine; First, due to the complexity of the algorithm and high security, the holder has a string of digital codes as the security lock of Bitcoin (similar to the password of the game account), which greatly improves the non-replicability of Bitcoin; Second, the supply of graphics cards for Bitcoin mining machines is getting less and less, so its scarcity will be high and the corresponding value will be high.

Finally, Bitcoin is gradually recognized by various platforms.

At present, some countries recognize Bitcoin, such as Germany, Japan, Canada and other countries all recognize its legal status. In addition, the promotion of the market will also push up the price of Bitcoin, such as Bitfinex and Huobi. Com, ANX, etc. Because they support bitcoin transactions, the price of bitcoin has been affected. In addition, some platforms have begun to test the payment of bitcoin, which makes people optimistic about the prospect of bitcoin and enter the market one after another, so the price has soared.

The arrival of the Internet era and the economic crisis that broke out constantly in the legal tender era have made countless peace-loving people reflect.

Bitcoin can be recognized as legal tender by the Chicago Board of Trade mainly because of the following factors:

Because Bitcoin is the first blockchain currency, it has the natural attributes of collection value, global popularity and * * * knowledge. The essence of money is knowledge, and it has the potential to become a digital antique in the future. Bitcoin is the only currency that depresses the blockchain currency.

Anonymous, no one can deprive you of your bitcoin property, as long as you remember the key (confiscation of property, social unrest, land distribution are impossible)

Portability, war-torn legal tender is worthless, gold is hard to transport, and you can leave Bitcoin by patting your ass. (The recent tension on the peninsula has led to a large-scale purchase of bitcoin in South Korea, which exceeds $25,000. Gold plummeted. The value of gold was crushed by bitcoin this time.

Convenient transactions, barrier-free global cross-border transactions, low fees, as long as there is Internet.

Mystery, experience the cool key of agent 007. Satoshi Nakamoto exists as a god (it is only a matter of time before he becomes the richest man in the world), and no one knows who he is. A few codes in hand are valuable, which is a super cool 007 password experience.

The cost is high and the production cost of Bitcoin is extremely high. Cut production by half in 2020, and the mechanism is that mining is getting harder and harder.

Legality: Almost all countries have not declared Bitcoin illegal, including China. Developed countries are still very friendly to Bitcoin, such as Japan.

High-yield, bitcoin value-added 65.438+0 billion times, becoming the biggest bubble in human history! Such a rate of return has attracted countless investors to participate, so it is good to control risks and invest within your own risk tolerance.

Considering that there is so much for the time being, the only risk of Bitcoin is security. Without security, Bitcoin is meaningless. It is absolutely safe in theory at present.