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What is Bitcoin?
Generally speaking, Bitcoin is a virtual currency, and the concept of Bitcoin was first put forward by Satoshi Nakamoto in 2009. Bitcoin is a P2P digital currency, and peer-to-peer transmission means a decentralized payment system. The advantages of bitcoin are that it will not be frozen, untraceable, tax-free and the transaction cost is extremely low.

Many people define it as a large class of assets, like gold.

But no one mentioned that Bitcoin has its solid foundation and usage scenarios, that is, various underground economic activities. For example, China people use it to transfer assets abroad, for example, Americans use it to evade taxes, for example, South Americans use it to trade drugs and so on. Based on the characteristics that the blockchain has no center and cannot be cracked, it is difficult for the government to supervise these activities.

In addition, it is not mentioned that the ecological environment of Bitcoin (and other digital currency) has become highly complex. In addition to regular exchange transactions, there are payment, derivatives (options, futures), single exchange market makers, ico brokers, asset management, self-management and cross-exchange liquidity services.

FAMEEX Bitcoin is priced at 3 1229 yuan today.