区块链比特币是骗局吗,区块链比特币是骗局吗知乎

区块链比特币是骗局吗？这是一个普遍存在的疑问，有许多人担心投资比特币可能会被骗。今天，我们将探讨这一话题，介绍三个相关关键词：比特币的历史、比特币的安全性、比特币的投资风险。

首先，让我们介绍一下比特币的历史。比特币是一种分布式数字货币，由中本聪在2009年发明。比特币是基于区块链技术的，它使用密码学原理，可以安全地记录和转移财富，不受任何中央机构或政府的管控。比特币作为一种虚拟货币，可以实现跨境支付，并且不受任何国家的货币政策的影响。

其次，让我们来看看比特币的安全性。比特币的安全性是由区块链技术提供的，它使用密码学原理，可以安全地记录和转移财富，不受任何中央机构或政府的管控。此外，比特币的交易完全是匿名的，它不需要任何个人信息，因此也不会受到任何政府的监管。

最后，让我们来看看比特币的投资风险。比特币的价格波动很大，它有很大的投资风险。因此，投资者需要充分了解市场，了解比特币的价格波动，并且尽量避免过度投资。此外，投资者还需要注意虚拟货币的可能被盗风险，因此，应该使用安全的钱包来存储比特币，以防止被盗。

总的来说，比特币是一种新兴的货币，它具有很多优点，但也存在一定的风险。投资者需要充分了解市场，了解比特币的价格波动，并且尽量避免过度投资。另外，投资者还需要注意虚拟货币的可能被盗风险，以防止被盗。因此，我们可以得出结论：比特币不是骗局，但投资者应该谨慎投资，并且做好风险控制。

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1. Is Bitcoin a scam?

Legal analysis: Bitcoin itself is not a scam. Only those who use Bitcoin to commit criminal fraud are scams. Bitcoin is an electronic currency generated by open source P2P software. It is an online virtual currency that does not rely on the issuance of a specific monetary institution. The law does not explicitly stipulate that Bitcoin is illegal. According to the principle of legal punishment, Bitcoin is not illegal, but criminals may use Bitcoin to commit crimes. Bitcoin is not officially recognized in China, but as a special Internet commodity, it has its own cash value and is the legal property of others. Virtual property should also be protected by law. Although virtual property such as Bitcoin is not actual property, it should be classified as other property stipulated in the criminal law.

Legal basis: Article 191 of the "Criminal Law of the People's Republic of China" is for concealing and concealing drug crimes, organized crimes of a mafia nature, terrorist activities, smuggling crimes, corruption and bribery crimes, crimes that disrupt financial management order, financial The income from the crime of fraud and the source and nature of the income generated, if any of the following acts are committed, the income from the above crimes and the income generated shall be confiscated, and the person shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or solely be fined; If serious, the person shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined:

(1) Providing a capital account;

(2) Converting property into cash, financial instruments, or securities;

(3) Transferring funds through transfer or other payment and settlement methods;

(4) Transferring assets across borders;

(5) Using other methods to disguise or conceal criminal proceeds and the source and nature of the proceeds.

If a unit commits the crime in the preceding paragraph, the unit shall be fined, and the person directly in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.

2. Is Bitcoin a Ponzi scheme?

Bitcoin is not a Ponzi scheme.

Ponzi scheme is a typical financial fraud. It uses the money of new investors to pay the interest and returns of old investors, creating the illusion of making money to defraud more people. Multiple investors enter.

It was first invented by Charles Ponzi, an Italian speculator. He wanted to make a fortune, but eventually found that the fastest way was through finance.

Ponzi set up a fictitious company, promising that investors would get returns within 3 months. Early investors got considerable returns, and the chain was linked together. It attracted 30,000 people to invest in a short period of time, and it continued. It took a year for people to wake up one after another.

Ponzi schemes will eventually collapse, because the further they go, the more new investors they need to find. When investors and funds are unable to support the operation of the entire system, it will inevitably face collapse.

Many financial scams evolved from Ponzi schemes, but this is not the case with Bitcoin.

First of all, Bitcoin is decentralized and uncontrolled. Ponzi scheme investors and investorsThe gold is controlled by Ponzi, but no banking institution can issue Bitcoin, not even the founder Satoshi Nakamoto, and the number is limited.

There are many virtual currencies on the Internet claiming to be variants of Bitcoin, but these coins are controlled by people or institutions, and they have become Ponzi schemes and pyramid schemes.

There is no such thing as "tear down the east wall to pay for the west wall" in Bitcoin. There are two ways to obtain Bitcoin: mining or purchasing. Although it is a virtual currency, it can be considered as "owning" it.

Bitcoin is controversial. Such a product has a lot of room for imagination and can easily become a hot spot for speculation. Much like the tulip mania in the Netherlands, high demand led to unreasonable price increases and eventually the bubble burst.

It is essentially the same as the previous "Garlic" and "Stamp Fever".

The total number of Bitcoins is limited to 21 million, and many people are interested in its "store value." But unlike gold, Bitcoin can maintain and increase its value no matter what era, and it has its own value. Bitcoin itself has no value.

Another feature of Bitcoin is that it is illegal. Its anonymity can condone black market transactions, money laundering, online gambling and other behaviors. Decentralization is essentially opposed to the government. For this reason alone, Bitcoin has a huge market.

Bitcoin itself is not a scam, but it becomes a scam when placed in the speculative market. The current price of Bitcoin depends entirely on speculation and it is impossible to become a legal currency because its decentralization seriously harms the country. The United States only recognizes Bitcoin as a "financial instrument" and cannot threaten the status of the US dollar.

There are too many uncertain factors in the future of Bitcoin, which can be copied, such as Litecoin.

Now Bitcoin is skyrocketing and may face a crash at any time.

The word Ponzi scheme became widely known along with MLM, so many people looked at everything as a Ponzi scheme, but Bitcoin really is not. A Ponzi scheme refers to a pyramid scheme that relies on the constant flow of "new money" into the market to satisfy the profits of old users in the system. Ponzi schemes are destined to be unsustainable because once no new money comes in, the entire system collapses. This is exactly the case with typical pyramid schemes, because once the downline fails to develop, the income from the upline becomes rootless water.

As for Bitcoin, although Bitcoin itself has no intrinsic value and people hold it for the purpose of buying and selling, Bitcoin does not There is no such thing as an upper or lower line, and it will not collapse because there is no new money entering (even if there are only two people in the world holding Bitcoin, Bitcoin will still exist), so the definition of Bitcoin in economics is a "bubble" rather than a bubble. Ponzi scheme.

Speaking of bubbles, many people may thinkBubble is a derogatory term, but it is not. Bubble is a neutral term in economics, which refers to a commodity whose market value is greater than its intrinsic value. For example, the RMB, the Euro and the Pound are all bubbles that have existed for a long time and have relatively stable market values, because people hold the RMB and the Euro not to consume this piece of paper, but to use this piece of paper to exchange for what they want.

Behind the RMB, Euro, and Pound Sterling, there is the credit of the corresponding central bank to endorse and support, so although the value of legal currency is a bubble, But it is a relatively stable bubble, and Bitcoin does not have any institutional credit endorsement behind it. It is closer to a newly discovered rare mineral deposit like diamond, gold or silver, so it is not surprising that the price fluctuates violently.

As more people learn about and buy and sell Bitcoin, the value of Bitcoin will eventually fluctuate. Stable, but there is an essential difference between a bubble and a Ponzi scheme. As Tirole, the 2014 Nobel Prize winner in economics, said, Bitcoin is not a Ponzi scheme, but a pure bubble. As for how much it is, it must be determined by the market and people's beliefs.

First the conclusion: Bitcoin is a scam, but It's not a scam, and it's definitely not a Ponzi scheme.

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Preface 1:

Regarding this thing, which touches the interests of too many people, I can only say a few words.

Whether you believe it or not, it counts after seeing it.

It is impossible to get a long answer like 1, 2, 3, and 4 from me.

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Preface 2:

Interests: No Bitcoin.

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1. What is Bitcoin:

Let me use an analogy, Saturn.

Everyone knows that Saturn has a total of 62 satellites, but ancient humans knew nothing about it until one day a man invented a black technology to plant flags on Saturn's satellites. An algorithm can be used to find a satellite without a flag, and thenOnce you put the flag on it, the satellite is yours. (As non-coders, you don’t need to know what blockchain technology is, nor do you need to know how this flag-planting black technology works. You can understand it as long as you know that it is a black technology)

Then, people can easily discover two characteristics at this time:

First: Saturn's satellites are always limited. Human technology cannot produce satellites. In other words, once flags are planted on all satellites, you will never be able to find a place to plant flags without the consent of the satellite owner.

Second: No one can build the sixty-third satellite again.

Therefore, it is absolutely impossible for Saturn's moons to inflate. The same is true for Bitcoin.

After being deceived by those who invented the method of planting flags, people will soon discover:

Third: There is no one, no organization, no force , to ensure the legality of your flag planting. Only black technology ensures that you cannot plant a flag on a satellite that already has a flag.

Fourth: After planting the flag, you will find that the process of planting the flag is meaningless. Because Saturn's moons are worthless to humans.

Therefore, the satellite of Saturn is an object whose value is not guaranteed by anyone or anything, but whose ownership is guaranteed by an absolutely true law. The same is true for Bitcoin.

So, to sum up, what exactly is bitbit? It’s a satellite of Saturn where you can plant a flag.

In other words: this is a kind of personal property that is natural, non-renewable, sacred and inviolable, but has no actual value.

2. Why Bitcoin is not a Ponzi scheme

A Ponzi scheme is a typical example of using new funds to protect the interests of the elderly. Thereby expanding the scam of investment fraud funds. Obviously Bitcoin is not. Bitcoin is an underlying object (you can understand it as currency), and Bitcoin is more like a bond or a contract.

BitBit’s transaction is basically a transaction in which you use currency to purchase an underlying object. You have bought something (a flag is planted on the satellite of Saturn). Although this thing has no real effect on you...but it no longer meets the definition of a Ponzi scheme.

3. Why Bitcoin is a Scam

There are several reasons.

a. Bitcoin is not an absolutely inflation-resistant asset.

If we change the algorithm, we can also find many other types of electronic currencies. For example, C Bitcoin, D Bitcoin.

Just like if you change the telescope, you can still find many planets with satellites, such as the earth, the moon, and Jupiter.,etc.

Saturn will always have only 63 satellites, but there will not be only 63 satellites. With the upgrade of human observation methods, the number of planetary satellites known to humans will continue to increase along with the number of planets that humans can observe.

The same goes for bit ratios. Although Bitcoin has the characteristics of quantity and online, there are still C Bitcoin and D Bitcoin that cannot support it.

Therefore, Bitcoin’s anti-inflation properties have limitations. This is a lie.

b. Any sovereign country likes to be a currency manipulator

This is taboo. Financial wars and currency games should not be played too lightly. On the world political and economic stage, when you sing and I appear, and you want to do something through exchange rates, you absolutely do not want to see something similar to a currency that is difficult to inflate and is not controlled by all national governments. The gold standard back then could be said to have been destroyed by the joint efforts of all those with the power to issue currency. Otherwise, if something goes wrong and everyone will change to this uncontrolled currency, the government will have nothing to play with.

So, Bitcoin is libertarian anarchist anti-government. This is a second lie.

c. No one guarantees Bitcoin.

We know that banknotes are the bank’s credit currency, and RMB is China’s credit currency. The US dollar is the credit currency of the United States.

Using gold and other physical objects of equal value as reserves is the basis for the nominal currency issued by major money-printing agencies.

The internal logic is as follows:

I have 1 yuan in RMB, and the People's Bank of China can always exchange 1 yuan in RMB into equivalent gold when I need it.

But not Bitcoin. If no one admits it, then you can't exchange this currency for anything of real-world value. Because no one, no organization, no institution has ever stored Xiangyin’s gold or other valuable resources as a guarantee.

As mentioned just now, Bitcoin is essentially anarchistic, so there will be no strong political forces to guarantee it.

Therefore, Bitcoin is an unsecured currency. This is three lies.

4. Why Bitcoin is not a scam

Just reverse the reasons for 3.

a. Because of non-renewability.

As mentioned just now, Bitcoin is indeed non-renewable before there are C Bitcoin, D Bitcoin and other "electronic currencies" that are known and recognized by the public. Under this premise, the conditions for absolute non-inflation are met. It is a good, high-quality, anti-inflation currency.

In fact, there are indeed very few other types of currencies that are as hyped as Bitcoin and are widely used for certain purposes. So this is not a scam.

b. Because of anarchism

This kind of thing that is not controlled by the government has become a very awesome and powerful black gold market. When the first big guy on the black market begins to receive Bitcoin, Bitcoin can begin to gradually circulate on the black market. And why it is skyrocketing now is because in the black market, BitBit has become a very common means of transaction. Do you want missiles? Get some Bitcoin. Do you want to launder money? Get some Bitcoin. Do you want to flee funds? Get some Bitcoin.

It is precisely because of this anarchic black market that Bitcoin has a market, circulation, and value. So this is not a scam.

c. The guarantee of Bitcoin is achieved through the black gold market

Obviously, although no government will guarantee an out-of-control currency like Bitcoin, the black bosses will. In the early days, Bitcoin was very cheap. When these black gangsters had the strength to make certain guarantees for the entire market, it was for today...not only was the currency valuable, but there was also an additional capital circulation that was completely beyond the control of the government. Channels and markets are the favorite things of global capitalists.

And because of this, Bitcoin is guaranteed, because all global capital does not like the government.

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The above is what Bitcoin is, The story of why it's a scam, why it's not a scam, and why it's definitely not a scam.

Strictly speaking, this is the case. When Bitcoin was very cheap, it was a game of luck.

When some black gold tycoons began to collectively use relatively low prices, When you start getting lucky, this currency starts to circulate.

After it circulates, it is no longer a scam.

The main reasons why I did not buy it myself are:

1. The non-renewability of Bitcoin is not absolute, there will be C Bitcoin and D Bitcoin.

2. The circulation and value of Bitcoin are guaranteed by the black market, which has natural anti-government attributes.

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I told you another truth by not buying Bitcoin:

Fear You can't become a wealthy person by taking risks.

Although people who are not afraid of risks can become wealthy, most people are killed by risks before becoming wealthy.

If the trend of anti-globalization is stopped and capital bosses fight back, Bitcoin will continue to skyrocket.

I dare to say this, but do you dare to buy it? I don't dare.

Bitcoin is a game of beating the drum and passing the flowers to whoever takes over!

The price of Bitcoin has fluctuated in recent days.Continuously rising, in just one day, the value of Bitcoin exceeded US$12,000, US$13,000... US$16,000 (the highest exceeded US$20,000 as of press time), an increase of more than 100% in one month. After trading as futures on platforms such as GDAX in the United States, although there was a slight dive (about 1,000 US dollars), it still remained around 15,000 to 18,000 US dollars.

The author believes that Bitcoin, as a limited cryptocurrency, has been pushed to a high cliff by Bitcoin practitioners and vested interests, and it will fall to pieces if not careful.

Bitcoin price exceeds value

According to market rules, although the prices of various commodities on the market fluctuate, the price fluctuations always revolve around a center. This center is the value of the commodity, and price is the expression of value.

Although this is the law, because humans are social beings, not pure economic beings, this objective law has often been broken in history.

The "Dutch Tulip Incident" is known as the first bubble in history and is now often compared to Bitcoin

The most famous case of price exceeding value should be the Dutch tulips in the 17th century Bubble: There was a frantic rush to buy tulip bulbs, causing prices to skyrocket (one tulip bulb costs as much as a mansion on an Amsterdam canal). When the bubble burst, prices were only one percent of their peak levels.

Although some people believe that the tulip bubble is an investment craze spurred by human aesthetics, they cannot deny that it is known as the three major bubble events in modern Europe along with the British South Sea Bubble incident and the French Mississippi Company, let alone that it is like It’s amazing today’s Bitcoin; or, we can also understand that Bitcoin is mankind’s investment craze in cryptocurrency. But now it’s clear – the price of Bitcoin far exceeds the value itself.

The rules of the Bitcoin game

There is a joke on the Internet that expresses the horror of the Bitcoin game: You, a Wall Street trader who spent several years studying financial theory in a cold window, 10 I work 100 hours a week every year and have no time to spend with my family. I am super excited about the 10% return this year. And a Bitcoin player: read some books, drink water, eat steak, and get a 900% return. In the eyes of traditional economics, this (Bitcoin) is tantamount to gambling

The overall rising price trend of Bitcoin in different time periods

Therefore, some foreign media commented that "Bitcoin is populist" A financial asset based on faith in the era of socialism." The author agrees with this view.

The continued inflation, currency devaluation and growing distrust of the Internet are very similar to the distrust of the US economy and the US dollar when the Bretton Woods system collapsed in 1971. At this time, people psychologically need to transition from the original financial system to a seemingly more reliable currency.in the guidelines.

The Hunter brothers chose silver futures 40 years ago and purchased 35 million ounces of silver futures at a cost of US$2.9 per ounce. Within the first two months, the price of silver reached US$6.7. The increase reached 130%. Today, someone chose a cryptocurrency backed by Fintech, and the price of Bitcoin increased by more than 100% within a month, even worse.

The Hunt Brothers

Judging from the eventual bankruptcy of the Hunt Brothers, the results of this speculation may be horrific. However, like the Hunt brothers who were caught in the silver futures speculation game, no matter how crazy they are in the face of huge profits, it is not surprising. On the first day after Bitcoin was officially launched as a futures last week, Bitcoin futures had three meltdowns. Due to excessive request access traffic, the futures trading platform caused server downtime and some functions to fail. You can see the madness of Bitcoin today. , seems to be as good as the silver futures speculation of that year.

2 Futures Zero Sum Game

3. Is Bitcoin a scam? Please help!

On April 2, the price of Bitcoin, the world’s largest cryptocurrency by market price, rose by about 16% within 1 hour at noon. According to data from the global currency price website CoinMarketCap, the price of Bitcoin rose from 12:29 The US$4,196 rose to US$4,849 at 13:29. US$46 reached a 4-month high.

Is Bitcoin a scam?

.

In recent years, Bitcoin has become popular all over the world. There are too many legends about Bitcoin, and the contents of these legends are almost all rising! It’s skyrocketed again! The value of the hyperbolic cochord. The value of the hyperbolic cochord. Bitcoin is born like a target for players to speculate. By March 2011, Bitcoin was less than 1 US dollar, and by December 2017, the highest was close to 20,000 US dollars. In the wild Amid the madness, accusations that Bitcoin is a fraud have become increasingly fierce. Is Bitcoin a lie?

The Chinese History of Bitcoin

Bitcoin entered China after its birth. By December 2013, the Central Bank issued the "Notice on Preventing Bitcoin Risks", and the domestic public knew about it. It exists. However, this warning did not affect the growth of Bitcoin at all, and the popularity of Bitcoin transactions increased in the following 4 years. As of September 4, 2017, the country issued "On Preventing Currency Issuance Financing Risks" "Announcement". Because speculation is prevalent and disrupts the economic and financial order, various token issuance and financing activities must be stopped immediately. So far, Bitcoin transactions in China have ended.

Behind Bitcoin Hidden value

Although the controversial Bitcoin does not have an orthodox currency identity, it has caused a wave of information technology. The rise of blockchain technology has received widespread attention and has brought far more glory to Bitcoin than Currency.

The concept of blockchain first appeared in the paper "Bitcoin: A Peer-to-Peer Electronic Cash System", the author is Satoshi Nakamoto. Blockchain is the supporting technology of Bitcoin and the latest basic technology of cryptocurrency. Using blockchain information security technology can provide solutions based on cryptography, distributed systems and peer-to-peer network communication. , changing the traditional central service trust method. Through mathematically demonstrated signature algorithms, we can better solve credit and security issues.

Is Bitcoin a fraud?

Unlike the economic value of Bitcoin, blockchain technology has now become the darling of the fields of finance, securities, retail, medical care, manufacturing and the Internet of Things. Everyone is talking about blockchain, but what can really be implemented in China? Chain, there are very few people who provide blockchain business ecological construction services. Currently, only a few companies such as Internet, Ant, Tencent, and Purple Square can provide complete blockchain development services. The blockchain technology from Bitcoin may be the real success of Bitcoin. Value.

The development direction of blockchain destroying money

Bitcoin has pioneered the centralized cryptocurrency, while proving the feasibility and security of blockchain technology. , Ethereum and graphene blockchain systems were also born.

Ethereum Square is a public blockchain platform with smart contract functions. Many centralized applications on the market are now based on the development of Ethereum Square. Graphene adopts the DPOS consensus mechanism and can handle millions of transactions per second. Compared with Bitcoin and Ethereum Square, graphene technology achieves high concurrency and a large number of transactions in block chain applications. In addition, graphene technology operates extremely stably. Transaction security is also higher. Compared with Ethereum Square, Graphene represents the future development direction of blockchain technology and has become the only platform that can handle central applications at a real commercial level.

4. Blockchain Is it a scam?

The reason why the word blockchain was mentioned first is because after Bitcoin entered people’s attention, with the fermentation of Bitcoin craze and the proliferation of topics, blockchain became familiar to the general public. topic. It once became a greeting among entrepreneurs (Are you doing blockchain? Is your entrepreneurial project related to blockchain? etc.). Now the application of blockchain in the market is very crowded, and ordinary people have almost no concept of it. Staying at the speculating stage. What is blockchain? Is blockchain a lie?

From a global perspective, it is not only our listed companies, shareholders, everyone in the currency circle and investors who are fascinated. In 2016, Citibank, BBVA, JPMorgan Chase, Morgan Stanley, Swiss Leading financial institutions such as Bank of China have jointly established the R3CEV Alliance (Goldman Sachs Group has now separated from the R3CEV Blockchain Alliance). Therefore, from this perspective, blockchain technology has been applied to a certain extent around the world. At this level, blockchain It is a new invention, and I am not lying. Many readers are curious why many people now hear that blockchain (digital currency) is like a scam. Buffett said: Stay away from Bitcoin, it is just an illusion. In my opinion, it has great intrinsic value The idea is a joke.

The author thinks that there are no correct mistakes in technical books, but the mistakes that application macro practitioners think are correct. Many people envy the currency circle (application of blockchain) overnightHe made a fortune in a short period of time, but forgot to return to poverty overnight (its multiple currency operation methods are the same as those of the silver spot stamp card, etc. at the time). This should be people’s most intuitive concept of the blockchain.

What Is it blockchain? Is blockchain a lie?

The definition of blockchain in the Internet Encyclopedia is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. The consensus mechanism is to realize the connection between different nodes in the blockchain system. Mathematical algorithm to establish trust and obtain benefits.

5. Is Bitcoin legal? Is it a scam?

Bitcoin is in a gray area.
Illegal, but not strictly prohibited by law.
This is a virtual currency that affects the country’s right to issue currency. It has no physical support. It is recommended to stay away.

6. Is blockchain a scam?

Blockchain technology itself is not a scam, but it does not rule out that some people use blockchain as a cover to commit scams. Several problems exist in blockchain: 1. The problem of excessive blockchain size. With the development of blockchain, the volume of blockchain data stored by nodes will become larger and larger, and the storage and computing burden will become heavier and heavier. Taking the Bitcoin blockchain as an example, the size of its complete data currently reaches about 71GB. If a user uses the Bitcoin Core client to synchronize data, it may not be possible to complete the synchronization for three days and three nights. Moreover, the data of the blockchain The volume is still increasing, which brings a great threshold to the operation of the Bitcoin Core client. 2. The problem of blockchain data confirmation time. The current blockchain system, especially the financial blockchain system, has the problem of long data confirmation time. Taking the Bitcoin blockchain as an example, the current confirmation time of a Bitcoin transaction takes about 10 minutes. In the case of 6 confirmations, you need to wait for about 1 hour. Of course, for credit card transactions, the confirmation time is 2 to 3 days. Bitcoin has made great progress, but it is still far from the ideal state. 3. Dealing with the problem of transaction frequency The blockchain system faces the problem of too low transaction frequency. Taking the Bitcoin blockchain as an example, the average size of each transaction is about 250 bytes. If the block size is limited to 1MB, the number of transactions that can be accommodated is 4,000. Calculated based on the rate of generating one block every 10 minutes, 144 blocks can be generated every day, which can accommodate 576,000 transactions. Divided by the number of seconds per day, 86,400, the Bitcoin blockchain can process a maximum of 6.67 transactions per second. Currently, the actual daily transaction volume on the Bitcoin blockchain is close to the system bottleneck (picture). If the expansion problem is not resolved, it may cause congestion and delays in a large number of transactions. Average number of transactions in Bitcoin blocks (Source: Block Yuan) In comparison, Paypal's overall number of transactions in the third quarter of 2013 was 729 million, with an average of 93.75 transactions per second. Information from the official website of VISA, the world's largest payment card, shows that in a test in 2013, VisaNet achieved a processing capacity of 47,000 transactions per second.. Compared with several major payment networks such as Alipay, the Bitcoin blockchain is more like a newborn baby in terms of transaction processing frequency. Of course, this was also an early deliberate design by Satoshi Nakamoto. The Bitcoin block size was limited to 1MB to avoid the malicious behavior of rogue miners and have a negative impact on people. The reason why the Bitcoin blockchain payment network The reason why it has grown to be worth billions of dollars today lies in its decentralization. 4. The development of blockchain is restricted by the current system. On the one hand, the decentralized and autonomous characteristics of blockchain dilute the concept of national supervision and have an impact on the current system. For example, digital currencies represented by Bitcoin not only pose a challenge to the country's right to issue currency, but also affect the transmission effect of monetary policy, weakening the central bank's ability to regulate the economy, causing monetary authorities to remain cautious about the development of digital currencies. On the other hand, regulatory authorities also lack full understanding and expectations of this new technology, and the establishment of laws and systems may lag behind, resulting in a lack of necessary institutional norms and legal protection for economic activities related to the use of blockchain, which inadvertently increases reduce the risks of market entities. 5. The integration cost of blockchain technology and existing systems is relatively high. For any innovation, existing institutions must ensure that it can not only create economic benefits, but also comply with regulatory requirements and connect with traditional infrastructure. Especially when deploying a new basic system, the cost of time, manpower, and material resources is very large, and the resistance encountered within existing traditional organizations is also not small. Of course, the existence of problems cannot hinder the development of blockchain. The proposal and in-depth research of technologies such as simple payment verification, side chain, and lightning network protocols have provided ideas for solving the above problems.
Legal basis: "Criminal Law"
Article 266 [Crime of Fraud] Whoever defrauds public or private property, and the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or surveillance, and shall be concurrently or solely punished fine; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years, and shall also be fined; if the amount is particularly huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment and shall also be fined or Confiscation of property. If this law provides otherwise, the provisions shall prevail.

7. Is blockchain a lie?

"Blockchain" is an important concept in the new era. It is essentially a centralized database and a digital The underlying technology such as currency. According to our popular explanation, the "blockchain" can be regarded as a ledger, and each bill is a block. However, this ledger is centralized, and it can be said that no company or team has jurisdiction over it. "Blockchain" technology is a unique informatization that is centralized and cannot cross-change information. Now in daily life, this technology has been applied to a series of applications such as electronic invoices and payment codes.
In today's life, many people use this guise to commit fraud. Direct sales disks, capital disks, technology disks and other names are used to lure people to make money and then run away. As a result, many people have lost their funds and have nowhere to defend their rights. In the end, I can only say that "blockchain" is a lie. There is no right or wrong in technology, it’s the people who are wrong.
With the progress of the times and the progress of society, the initial application of any technology will be subject to various positive and negative doubts. However, with the relative application and maturity of technology, coupled with the improvement of technology, various kinds of problems around people have formed. The application will continue to improve, and I believe these doubts will slowly dissipate in the near future.
The following is a summary of some blockchain scams that are often around you!
Trap 1: Blockchain is about issuing coins to make money
Trap 2: Conducting virtual currency transactions, promising low investment and high returns
Trap 3: Decentralization can solve all problems
Trap 4: With the extension of the blockchain, you can make money with a mining machine
Trap 5: Transactions on WeChat and Alipay to buy and sell virtual currencies
In short, the methods of scammers are also advancing with the times. Through our "eyes of wisdom", we can improve and enhance our adaptability, discover and alert ourselves, and prevent being deceived. Investors must be wary of various deceptive methods that offer low investment and high returns.

8. Is Bitcoin a scam?

Whether it is the past or the future, we have always advocated that personal interests should conform to collective interests, and social values ​​and economic interests should be considered first Social value, when dealing with virtual currency in financial transactions, how should we choose its social value and economic value?

There are thousands of virtual currencies circulating in the market. Not every currency will follow the principle of putting social value first in transactions. Between December 2017 and January 2018, with the ICO chaos, There are many virtual currencies waiting to disrupt the trading market, which not only causes many investors to lose money, but also loses the hope of increasing the value of virtual currencies. Not only does this type of virtual currency have no social value, it will never even have its own economic value. to realization.

Bitcoin is the first virtual currency to appear in the public eye. I think it is a financial product that has both social and economic value. It has not only grown gradually in the process of development, from 1 US dollar to The currency value has risen to over 10,000 US dollars today, and it has also driven the development of the entire industry. Bitcoin is the leader and defender of the emerging industry. Its contributions are multifaceted, and its advantages are naturally incomparable.

Mmcoin is a newly emerging virtual currency. It may seem tepid now, but the soup cooked over a slow fire is often different. I look forward to it. The trend of Mmcoin can be closer and closer to Bitcoin, and will keep pace with it in the near future.