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Bitcoin will disappear? Or will it always exist

Author:Hubi Date:2018-07-25 14:49:02

Bitcoin's first deal was made in January 2009 and was proposed by Satoshi Nakamoto. Australian entrepreneur Craig Wright is most like Bitcoin creators. He said that the Bitcoin development process was completed with the help of cryptologist Finney et al. Some people think that bitcoin mining is a game; some people have always believed that "Satoshi Nakamoto" is a Japanese; in fact, it does not matter who created Bitcoin. Because Bitcoin operates independently, it seems to have nothing to do with the creator.


Bitcoin belongs to the virtual world, and our popular lives are increasingly influenced and even controlled by the virtual world. The emergence of the horizontal space of Bitcoin coincided with the needs of some people in the world. It was not generated for no reason at all. If "Satoshi Nakamoto" can design bitcoin, then all people can design their own virtual currency, not to mention companies, societies, etc. To put it plainly, virtual currencies rely on certain technologies, not dollars, renminbi, gold, etc.; not how many buildings, lands, etc. do you have. Bitcoin does show its necessity in the virtual world. Hackers use it to blackmail victims. It also shows its power in the real world. After Bitcoin came out with various virtual currencies, many people thought that this was a pyramid scheme. The virtual currency has become a hodgepodge, and it has become a disgusting thing.


Bitcoin will disappear? Or will it always exist


Some governments have already prohibited bitcoin and other virtual currency transactions. Some governments want to rely on virtual currency to return to life. Some governments use virtual currency as a normal transaction. On June 10, 2018, Coinrail, the South Korean cryptocurrency exchange, said that the system suffered "network invasion", which caused Bitcoin to fall for three consecutive days. By 4pm, the New York market's bitcoin price has fallen to $6,840, the biggest drop since March 14th, and has increased bitcoin's loss this year to 52%. The transaction prices of Ethereum and Ruibo, which are cryptocurrencies, fell by 10% and 11% respectively. .


One of the foundations for the existence of virtual coins such as Bitcoin is technology. If stronger technology emerges and it leaves no security, Bitcoin can hardly survive. As a result, it's hard to say now that virtual currency is a representation of the virtual world, especially if Bitcoin is difficult to disappear, but now it is just a beginning.