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Author Topic: You should understand bitcoin  (Read 575 times)
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May 28, 2014, 10:35:28 AM

Having read <Currency War >,I have a quite comprehensive acquaintance to currency .When bitcoin appeared ,I only can say amazing .
Bitcoin catches the currency essence .
What is bitcoin
1.   Bitcoin is simulated as perfect currency through distributed algorithm by mathematicians and other experts .
2.   Bitcoin is protected by a strong system .
Why can bitcoin simulate to be perfect currency ?
1.Its currency uniqueness is Superior to precious metal
2.In probability ,it’s impossible for bitcoin to falsify.
3.Bitcoin network is an advanced reckoning payment system .
Non-centralization is the guarantee of bitcoin safety and freedom .
Because of on the basis of mathematical concept ,bitcoin enjoys no inflation .
With trust support ,bitcoin will exist for a long time .
What is bitcoin trust ?It may be mathematics and probability .Moreover ,bitcoin may be a kind of circulating way in some economic activities .
Bitcoin is a way to compete all over the world .
Which country is most afraid of bitcoin ?—America .
This is why EU supports bitcoin first .So it is an interesting and meaningful competition .According to America ,bitcoin is an innovation in financial field ,of course it may bring a series of new supervision ,so we will do more search on it .Chinese government also holds similar attitude towards bitcoin .
Everybody should learn bitcoin .
I am not a no government supporter .Also ,I don’t announce to use bitcoin to replace CNY .But I can tell everybody ,America will build up a global currency system before long .And the system may be connected with virtual currency .

Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can  correct it.
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May 28, 2014, 01:16:14 PM

Stop posting off topics here. This is your second time

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