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『一』The founder of Bitcoin Network began to sell all Bitcoins. Is Bitcoin going to collapse?
Yesterday, the price of Bitcoin suddenly collapsed, plummeting 10%. The reason is that Bitcoin Cash BBC, a variant of Bitcoin, started mining the night before yesterday.
Bitcoin Cash BBC can be said to be a variant of Bitcoin. Bitcoin is said to be in limited quantity, with only 21 million, but the real number cannot be verified. The current fission of this cash BBC, It is even more convincing that Bitcoin can actually fission infinitely.
The essence of currency is a combination of national strength and credit. As a virtual currency, Bitcoin is not guaranteed and endorsed by any country, and there is no legal protection.
As for a country's currency, if it does not have enough national strength to serve as a credit guarantee, it can only rely on the ancient hard currency: gold.
Gold is credit
At that time, when Bitcoin appeared, some people believed that the golden age had passed, so they compared the emergence of Bitcoin to mining. As everyone knows, there is only one thing in the world. It’s called gold, and many Ethereum coins, Litecoins, etc. immediately appeared around Bitcoin. Countless varieties of virtual currencies such as these can be invented.
It is conceivable that once this virtual currency bursts, the real currency gold will bring long-term benefits.
1. Currently, gold’s biggest benefit is the U.S. dollar. The recent continued decline of the U.S. dollar has caused gold to form a W double bottom.
2. Gold’s second relationship is international geopolitics. Any disturbance can cause gold to skyrocket as a safe haven.
3. The third relationship of gold is the world’s hard currency. When a certain country’s currency collapses, unless you own the world’s hegemonic currency such as the US dollar, only gold can protect you from this super risk. .
As for our country, our gold reserves have quietly ranked second in the world. From 1,000 tons in 2009 to more than 4,000 tons currently, some people predict that in three years, our country’s gold reserves will surpass those of the United States. Ranking first in the world.
Data recently released by the China Gold Association show that in the first half of 2017, China’s gold bar consumption increased by 51.09% year-on-year to 158.40 tons, and national gold consumption increased by 9.89% year-on-year to 545.23 tons
And According to some analysts, China’s actual gold reserves may exceed 20,000 tons! Because the private sector has more than 1,600 tons of gold reserves.
In 2013, some experts pointed out that China's national gold reserves can only be in a favorable position once a currency war breaks out if its national gold reserves exceed 5,000 tons.
The internationalization of the RMB is guaranteed by the country’s comprehensive strength on the one hand, and on the other hand it is backed by a large number of gold reserves.
Gold integrates currency, finance, and commodities. It has become a belief in natural currency for thousands of years. The future of gold is worth looking forward to.
Thank you everyone!
『二』BT40 | Blockchain Thinkers Closed Seminar (No. 6)
Time:
July 18, 2020 ( Saturday) 14:00-18:00 pm
Location:
Online (preliminarily determined to use Tencent Conference, the conference number and conference password will be notified separately)
Blockchain Thinkers Forum of 40 (BT40)
China Mobile Communications Federation Blockchain Professional Committee
China Circulation Industry Management Political Research Conference Area Blockchain Working Committee
Blockchain Professional Committee of China Association for Trade in Services
Blockchain Professional Committee of China Communications Industry Association
China Agricultural Society Computer Agricultural Application Branch
China Blockchain Ecological Alliance
China Blockchain Research Alliance
Peking University Blockchain Club
< br /> Institute of Financial Technology, Beijing University of Posts and Telecommunications National University Science and Technology Park
Mr. Guo Shanqi: Founder of Consensus Economics (Consenomics), founder of the Blockchain Thinkers 40 Forum (BT40), manager of China’s circulation industry Chief Consensus Economist of the Blockchain Working Committee of the Political Research Association, and Deputy Secretary-General of the Blockchain Professional Committee of the China Mobile Communications Federation.
Professor Wang Zhongmin: PhD in Economics, professor, doctoral supervisor, national expert with outstanding contributions, enjoys special allowance from the State Council, former vice chairman of the National Council for Social Security Fund, 18th Central Commission for Discipline Inspection Member, member of the 9th National Committee of the Chinese People’s Political Consultative Conference
Professor Chen Xiaohua: Digital economist, founder of blockchain economic theory, review expert for major projects of the Industrial Internet (blockchain direction) of the Ministry of Industry and Information Technology, Director and Chief Digital Economist of the Blockchain Professional Committee of the China Mobile Communications Federation, Secretary-General of the Digital Economy Development Research Group of the China Science and Technology System Reform Research Association, Director of the Financial Technology Research Institute of the National University Science and Technology Park of Beijing University of Posts and Telecommunications, Tsinghua University Global Private Equity Member of the Equity Research Institute think tank, expert member of the Blockchain Laboratory of the School of Digital Finance of Zhejiang University, Central FinanceHe is an external tutor at the School of Economics of the University of Economics, a part-time professor at the School of Information Management of Jiangxi University of Finance and Economics, an expert in charge of the "Financial Circle" magazine column of the National Development and Reform Commission, and an expert consultant at the Xiongan New Area Construction and Development Research Center.
Main representative works: "Internet Financial Risk Control", "Introduction to Financial Technology", "Artificial Intelligence Reshaping the World", "Uncovering the Secret of Blockchain", "5G New Momentum" and other books, 8 consecutive books In 2017, he was rated as an "Advanced Individual" in the industry education and training work of the Ministry of Industry and Information Technology, and won the title of China's Economic Leader of the Year in 2017.
Invited to be interviewed by CCTV, Phoenix TV, BTV, China Business Network and other TV programs. As a guest, I was invited to attend the World VR Industry Conference, Digital Expo, China-ASEAN Expo, China Fintech Expo, World Internet of Things Conference, China Integration Conference of Informatization and Information Technology, China Electronic Information Expo, China Higher Education Expo, etc. and gave keynote speeches.
Professor Cao Huining is a professor of finance at Cheung Kong Graduate School of Business, academic director of the MBA in Finance, and a member of the American Finance Association. He has taught at the University of California, Berkeley, and the University of North Carolina at Chapel Hill. Twice nominated for the best paper in the Journal of Finance (1998 and 2000); won the Best Paper Award in Emerging Markets by the Northern Finance Association; won the Best Paper with the Most Investment Value by the Western Finance Association Award; won the third prize for the best paper at the 2004 China Finance International Annual Conference; in 2011, won the 2011 "Spängler IQAM" Best Paper Award for Excellence from "Financial Review", one of the world's top financial academic journals; selected in 2016 The 2016 Most Cited Chinese Researchers list released by the world-famous publishing group Elsevier; serves as a member of the editorial board of Annals of Economics and Finance and the chief editor of International Financial Review and China Financial Review .
Dr. Liang Wei: Digital economy expert, co-founding partner of Blockchain Thinkers 40 Forum (BT40), director of China Telecom Group Blockchain and Digital Economy Joint Laboratory, Computer Society of China District Blockchain professional committee member, co-leader of the Telecommunications Working Group of the Trusted Blockchain Alliance, consultant to the Asian Blockchain Society, International Telecommunications Union (ITU)) Blockchain-related project editor, with more than ten years of research, development and management experience in the emerging ICT (cloud computing/big data/artificial intelligence/blockchain) field and communication network field. He has presided over more than 10 major national and corporate projects, published a total of 24 academic papers, authorized 12 invention patents, 1 US patent, 6 leading international standards, 3 software copyrights, and published 3 monographs. "Blockchain in a Simple Way: Core Technology and Project Analysis", with a preface by a blockchain instructor from the Political Bureau of the Central Committee of the Communist Party of China, is the first blockchain monograph in the communications industry.
Tan Lin: Chief Ecological Officer of Beijing Big Data Research Institute, founder of MA Club, former CEO of Microsoft Accelerator (Beijing), and former researcher of Peking University Smart City Research Center.
Professor Xiong Yu, Chair Professor of the Business School of the University of Surrey, UK, Doctoral Supervisor, Academician of the Institute of Sustainable Leadership (CISL Fellow) of the University of Cambridge, UK, Adjunct Professor of the School of Computer Science, University of York, UK, Royal Registered engineer, member of the All-China Youth Federation, vice president of the Chongqing European and American Alumni Association, member of the Standing Committee of the Chongqing Youth Federation, concurrently serving as co-director of the Northeast UK Innovation Monitoring Agency (a British government intermediary agency that promotes innovative development in the Northeast of the UK), UK-China Entrepreneurship Development Executive Chairman of the Association, initiator of the 21st Century Sino-British Entrepreneurship Plan Competition, President of the British International Innovation Center, member of the Expert Committee of the British Parliament’s Cross-Party Blockchain Group, Co-Chairman/Chairman of the Management Committee of UKEX, a London-based blockchain financial company.
Mr. Wang Donglin, cloud computing infrastructure/blockchain infrastructure technology leader, well-known entrepreneur, China's top ten young scientists, China's top ten outstanding youths in the software industry, the first China Outstanding Engineer, OASIS International Industry Chairman of the technical committee of the standards organization UOML-X, China's outstanding private technology entrepreneur, and one of the top ten leading entrepreneurs in China's software industry. He has successively founded Shusheng Electronics (invented electronic seals), Shusheng Cloud (cloud computing technology leader), and YottaChain (storage public chain market). Ranking first in terms of market share), Ystar (a wallet that users feel comfortable using)
Di Qianfang, Director of Beijing Lianghua Cloud Network Intelligent Technology Center, Deputy Director of China Industrial Development Center, School of Economics and Management, Tsinghua University , deputy secretary-general of the Blockchain Committee of the China Mobile Communications Federation, and former economic analyst at the Information Center of the Ministry of Industry and Information Technology.
1. Professor Wang Zhongmin, former vice chairman of the National Council for Social Security Fund, 18th sessionMember of the Central Commission for Discipline Inspection
2. Professor Chen Xiaohua, Director and Chief Digital Economist of the Blockchain Professional Committee of the China Mobile Communications Federation, Secretary-General of the Digital Economy Development Research Group of the China Science and Technology System Reform Research Association, Director of the Financial Technology Research Institute of National University Science and Technology Park, Beijing University of Posts and Telecommunications.
3. Professor Cao Huining, professor of finance at Cheung Kong Graduate School of Business, academic director of the Finance MBA, member of the American Finance Association, and has taught at the University of California, Berkeley, and the University of North Carolina at Chapel Hill.
4. Dr. Liang Wei, co-founding partner of Blockchain Thinkers Forum 40 (BT40), director of China Telecom Group Blockchain and Digital Economy Joint Laboratory.
5. Zhang Lu, Secretary-General of the Blockchain Committee of Chongqing Internet of Things Association, Head of China Telecom Group Blockchain and Digital Economy Joint Laboratory (Chongqing).
6. Tan Lin, chief ecological officer of Beijing Big Data Research Institute, founder of MA Club, former CEO of Microsoft Accelerator (Beijing), former researcher of Peking University Smart City Research Center
7. Mr. Wang Donglin, cloud computing infrastructure/blockchain infrastructure technology leader, well-known entrepreneur, China's top ten young scientists, China's top ten outstanding youths in the software industry, the first China Outstanding Engineer, OASIS International Industrial Standards Organization UOML-X Technology Chairman of the committee, China's outstanding private technology entrepreneur, one of the top ten leading entrepreneurs in China's software industry, has successively founded Shusheng Electronics (invented electronic seals), Shusheng Cloud (cloud computing technology leader), and YottaChain (temporarily ranks first in the storage public chain market share) , Ystar (a wallet that users can use without any sense)
8. Di Qianfang, director of Beijing Lianghua Cloud Network Intelligent Technology Center, deputy director of China Industrial Development Center, School of Economics and Management, Tsinghua University, China Mobile Communications Deputy Secretary-General of the Federation’s Blockchain Special Committee
9. Professor Xiong Yu, Chair Professor of the Business School of the University of Surrey, UK, PhD Supervisor, Academician of the Institute of Sustainability Leadership (CISL) of the University of Cambridge, UK Fellow), adjunct professor of the School of Computer Science at the University of York, UK, Royal Registered Engineer, member of the All-China Youth Federation, vice president of the Chongqing European and American Alumni Association, member of the Standing Committee of the Chongqing Youth Federation, and concurrently co-director of the Northeast Innovation Monitoring Agency in the UK (a British government intermediary agency, Promoting innovative development in the Northeast of the UK), Executive Chairman of the China Entrepreneurship Development Association in the UK, initiator of the 21st Century Sino-British Entrepreneurship Plan Competition, President of the British International Innovation Center, member of the Expert Committee of the British Parliament's Cross-Party Blockchain Group
10. Professor Xie Jinlong, Executive Deputy Director & Secretary General of Blockchain Professional Committee of China Association for Trade in Services, Chongqing Normal UniversityVisiting Professor of Foreign Business College
11. Wang Zishang: Vice President of Hainan Blockchain Association, founding CEO of Shangfang Shares (835872), has been operating Shangfang for 18 years, "Chain Organization" and "Cloud Management" 》Author, founder of TokenSky Chain Alliance, director of China Artificial Intelligence Industry Development Alliance
12. Chen Lei, member of Blockchain Thinkers Forum 40 (BT40), founder of Bit Blue Whale, Peking University District Secretary General of the Blockchain Club, Standing Member of the Blockchain Special Committee of China Communications Industry Association, Member of the Blockchain Special Committee of China Mobile Communications Association, Distinguished Expert of Beijing Urban Big Data Research Institute, Director of China Blockchain Supercomputing Industry Alliance< br />
13. Lu Xinzhi, senior business observer, founder of Financial Technology New Knowledge Media Matrix
14. Researcher Sun Zhiguo, Institute of Agricultural Information, Chinese Academy of Agricultural Sciences
15. Lu Yan, deputy secretary-general of the Blockchain Professional Committee of the China Mobile Communications Federation
16. Jiang Hong, executive secretary-general of the China Blockchain Research Alliance
17. Yu Xiaokun, State Grid Blockchain Laboratory, State Grid 2020 Blockchain Chief Architect
18. Zhang Liang, Lenovo Group Chief Solution Architect
19. Tian Yong, Technical Director of Guizhou Electronic Certificate Co., Ltd.
20. Dr. Li Qianqian, China Agricultural University
21. Dr. Cao Hao, Associate Professor of Anhui University of Science and Technology (Cryptography PhD)
22. Li Mingyang, head of digital economy channel of China Enterprise News
Mr. Guo:
tel: +86-10-82051290< br />
cell: +86-13301289389
WeChat: CheeyeTHU
Tok: 75A7B3
Instructions about Tok:
1. User registration does not require a mobile phone number or email address, only a username and a set password. The system generates a 76-bit HASH value (consisting of 16 values from 0 to 9 and A to F) based on this user name. This HASH value is the user's ID.
2. The system has no central server and is a point-to-point encrypted communication based on blockchain technology. No one knows the content of the conversation except the people participating in the conversation.
3. Warm reminder: Remember your username and password. There is no password reset problem in TOK because there is no central server. No one knows your password except you, and TOK is no exception.
『三』Where can I find blockchain digital currency airdrop benefits? It’s free
Go to the Candy Information official website, which has a lot of real-time information on blockchain candies and airdrop coins every day. There are updates.
『四』 Is BBC currency reliable?
Reliable. BBC is a digital currency. The total supply of BBC is constant at 28 million, and currently about 6.8 million have been mined. The current circulating market value is approximately US$340 million, and the total market value is US$1.43 billion. Since the launch of BBC, it has attracted players from many countries to participate in it and conduct automatic transactions through software robots.
Extended information:
As a professional comprehensive digital currency platform, in order to better serve customers and protect users’ assets, after careful consideration, BBC continues to support the New York Consensus SegWit2x solution, while also providing users with another a choice. And the new currency generated due to the implementation of UAHF is named "Bitcoin Cash" (BCC for short). ViaBTC has made comprehensive deployments in terms of BCC mining pools, cloud mining contracts, and exchange exchanges. Users of the ViaBTC trading platform can exchange their BTC assets and other amounts into BCC and BTC_FROZEN2. BCC and BTC_FROZEN2 cannot be deposited or withdrawn. At the same time, users can also exchange equal amounts of BCC and BTC_FROZEN2 back to BTC.
Bitcoin fork coins are a great improvement to the performance of Bitcoin, such as Bitcoin Cash, which has great improvements in payment. Today, there are more than ten forked coins on the market, but they only improve Bitcoin in a certain aspect. With the rapid development of blockchain technology, improvements on just one level can no longer meet multiple needs. So BigBitcoin is here, with performance improvements in multiple technical dimensions.
Project Introduction BigBitcoin, referred to as BBC, Chinese name Big Bitcoin, has a total amount of 210 million, a block generation time of 2.5 minutes, and a block size of 16M. The block generation time is 4 times that of Bitcoin, the block size is 16 times that of Bitcoin, and 2 times that of Bitcoin Cash. BBC aims to solve the existing problems of the Bitcoin network and integrates today's advanced blockchain technology to bring a new safe and reliable digital currency and efficient and stable blockchain infrastructure to the world.
Solve the pain points
1. The existing consensus algorithm has obvious shortcomings and lacks fairness
2. The block generation speed and transaction speed are too slow to be commercially used
3. Different blockchain technologies have poor compatibility and lack of fairness. Closed
4. Lack of industry compliance considerations and poor security
『五』What is the difference between BCC and BTC
BCC and BTC NoThere are many similarities, some of the differences are listed below.
1. BTC is Bitcoin and BCC is Bitcoin Cash. The two are two different digital currencies.
2. BCC has deleted isolation verification. BTC uses SegWit.
3. BBC has canceled the 1M block size limit for block chains and can support a maximum block size of 8M. BTC’s 1M block band line remains unchanged.
4. BBC adopts the on-chain expansion route and adheres to the idea of large blocks. BTC uses the Lightning Network and adheres to the small block concept.