Who is cutting chives by Bitcoin?

Salvador of Central America used Bitcoin as a legal currency in 2019, and the public protested on the street (data map). Source: Global Times

Yangcheng Evening News all -media reporter Li Gang

Recently, the news of Bitcoin's plunge has frustrated the currency holder, and the price once fell below $ 18,000, which is also the lowest price of Bitcoin since December 2020.

Although it was briefly rebounded later, the current price of Bitcoin was about 20,000 US dollars, and the high point was 69,000 US dollars, which had fallen 70%.

This reminds me of a few years ago, at that time, Bitcoin rose sharply. Friends with "coins" in my hand were ecstatic, thinking that the freedom of wealth was between raising their hands. This wave of decline, it is estimated that he has also become a member of the "people in the currency circle, three days hungry and nine meals".

From his ups and downs, I saw the true significance of Bitcoin -one of the many tools used in human history for hype.

The most doubtful part of Bitcoin lies in its value, which is also the most controversial place. The value of national currency comes from national credit, and Bitcoin is only a string of computer code. The characteristics of decentralization are the guarantee of the national credit.

Can a string of code be worth geometry? Therefore, a concept is born -consensus. Literal means that when everyone believes that this string of code is valuable, it is valuable.

Value is different from the price. When more and more people form a consensus, this price can rise without limit. This is why Bitcoin was from no one in that year to tens of thousands of dollars today.

Most Bitcoin investors know nothing about Bitcoin's original intention. At that time, Satoshi Nakamoto wanted to establish a decentralized payment system. Today, most of the Bitcoin is mastered by a few people. These few people can achieve more and empty double kill at any time. This is already centralized. Essence Bitcoin has already become a tool for investment and arbitrage.

According to South Korean statistics, as of the end of December 2021, the South Korean Virtual Assets Exchange actually participated in 5.58 million users, and a total of 3.08 million owners of cryptocurrencies at the age of 20-39 accounted for 23%of the age group of South Korea. From a survey of Korean college students, 33%of people believe that high returns are the reason why they favors cryptocurrencies, and even more than 10%of interviewees believe that cryptocurrencies are the "last opportunities" for their leaps.

There is also a group of more crazy investors and even speculators. They just care about how to collect money. It is not important to be currency or others. It is important to continue to enter the venue and maintain this "bureau".

What's more serious is that Bitcoin may give birth to illegal criminal activities and become a channel for money laundering, tax evasion, terrorist financing and cross -border capital transfer. Therefore, unlike the default or recognition of Bitcoin in many countries, my country has always held cautious restrictions on digital currencies including Bitcoin.

However, in the past few years, the cryptocurrency field led by Bitcoin has set off a rare speculative frenzy in history. Especially after the epidemic, central banks of various countries have made a series of "cottage coins", "air currency", "Yuan Universe", "air currency coins", "air coins". "Coins" are endless.

The essence of it is just a zero -sum game that does not create any wealth. The so -called plunge, but some people are cutting leeks. I hope you will not become the most tender one.

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