In fact, there is no need to worry. If the author has 1,000 bitcoins, I believe he will not spend bitcoins to complete a shopping, because his purpose is to accumulate the number of bitcoins, not to reduce it. But I very much hope that there will be more and more application scenarios of this kind. This is a respect for Bitcoin and a wish for the future of Bitcoin.

There is a couple around me who met because of Bitcoin, but in daily life, fighting over Bitcoin has become a daily compulsory course, mostly due to Bitcoin investment strategy. Girls are more patient and conservative, while boys are very gambling and are more keen on Bitcoin contracts. Therefore, love does not require special witness, love requires two people to have a common goal, and Bitcoin requires faith. If you can find Prince Charming because of Bitcoin, it is also very interesting.

From a technical point of view, blockchain is known as the underlying technology of Bitcoin, and Bitcoin is the first application of blockchain.
 
Bitcoin and blockchain are equivalent to the relationship between the table and wood. People first discovered a beautiful table, and later discovered that the material of the table is a good wood, and it can also be used to make chairs, cabinets and boxes.

The blockchain technology appeared earlier, but it was defined as a block after Bitcoin. There are a lot of information on this.

The main task of the "New Bretton Woods System" is to effectively deal with excess liquidity. The difficulty lies in how to solve the problem of serious excess.

Global excess liquidity is an inherent defect of the existing international monetary system.

The core problem of the problem of excess global currency liquidity lies in the lack of a complete, reliable, and unconditional trust system that everyone can actively abide by.

Bitcoin is the only currency with a truly limited supply, which cannot be manipulated by any centralized organization, thus solving this problem. Through its unique design, it attempts to eliminate the trust of established financial institutions in the world and put power back into the hands of individuals. There will be no more stories of thieves calling and catching thieves in history, but the history of legal tender is full of destruction of this trust. There is no interest community, and if there is, it is only temporary.

Bitcoin breaks the shackles of the central bank for the first time, and for the first time it can use currency creation functions, not just authoritative institutions.

Bitcoin plus the underlying technology of the blockchain, irreversible, non-tamperable, asymmetric encryption and other characteristics.

Bitcoin is also the first completely transparent and incorruptible currency.

Bitcoin is also the only currency in the world that does not require quantitative easing. It can effectively solve the problem of global currency excess liquidity.

Of course, imagination is always good, and the road to realization is indeed tortuous. I will do my part.

There is nothing wrong with using all assets to invest in Bitcoin, and there is nothing wrong with not participating in altcoins, depending on personal investment strategies.

In terms of market value, the top ten currencies are all available. Bitcoin's current appreciation space or range is not very large, but the risk is very small, and altcoins are divided into mainstream currencies (such as ETH, EOS, etc.), and I also hold There are some altcoins. Generally speaking, there is no mistake in choosing altcoins.

When choosing altcoins, my principle is to choose the founding team. There are many rubbish coins and scams. I will stay far away.

Is encryption-related suicide a real problem?

This problem is already very common, and I often see similar information. I want to write about the seriousness of this problem from two aspects (heaven and hell are just a matter of thought). Satan is the devil, and this devil is human desire.

Speaking of this problem from an objective perspective.

• Bitcoin runs 24 hours a day without interruption, no breaks, no holidays, unless the end of the earth.
• The extremely large volatility of the Bitcoin market price, especially when heavy warehouses enter the market, can easily cause psychological trauma and complications.
• The Bitcoin wallet address is lost, or the Bitcoin is transferred to a wrong address.

From a subjective point of view (Bitcoin participants)

• Without a sound investment plan and investment strategy, many people put all their eggs in one basket.
• Bitcoin participants have relatively low psychological resilience, impatient and easily irritable, and often have no EQ and IQ when their emotions are out of control.
• Those who follow others do not have their own cognition and knowledge reserves. They do not understand that cognition determines wealth. Fortunate wealth will eventually return Bitcoin to market fluctuations.

I hope everyone can have a good attitude towards Bitcoin. This is not only an investment activity, but also a belief.

I think this is an investment strategy. I would not put all the eggs in one basket. This is not a very wise choice. This kind of investment plan is too singular. Eggs are easy to break, this is not the most important thing. If something unexpected happens, it will directly affect your investment mentality, and if your mentality collapses, it will directly cause you to make very wrong judgments. Living in a bad mood every day is not a correct attitude and way of life.

Will politicians be responsible for the people? Will politicians accept Bitcoin and continue to make Bitcoin more secure and free of criminal activity?

I am full of doubts. First of all, Bitcoin is decentralized. Criminal activities are not the first of Bitcoin. Criminal activities are more convenient and rampant in the world of legal currency. If politicians or even countries participate in Bitcoin governance, will Bitcoin lose its centrality? Bitcoin is Bitcoin, I hope to become more mature, and everyone should not give it too much social responsibility.

I heard about Bitcoin for the first time. My friend said that he bought a few computers to mine. I was surprised, don’t all the ore use large machinery? I gradually learned about Bitcoin. I also mentioned my understanding of Bitcoin in my first post: A ledger that can be unconditionally trusted, universally used in the world.

Bitcoin is a set of books that people can trust unconditionally, and can be the owner of their own funds. There is no borders, no politics, no religion and ethnicity, and no discrimination.