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Topic: Bitcoin is the DNA of value transmission (Read 89 times)

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What you worry about will control you
July 26, 2021, 03:05:23 AM
#1
1.The steam engine triggered the industrial revolution, and the Internet has completely changed our way of life.
2.Under the traditional Internet model, the information shared by people through the network will be stored in the server.
3.Information is encrypted and stored through blockchain technology, thereby achieving more secure information protection.
4.Bitcoin perfectly realizes the value transmission of the Internet, instead of a single information transmission before, it can be said that Bitcoin is the DNA of value transmission.


Bitcoin is a virtual encrypted digital currency in the form of P2P. Point-to-point transmission means a decentralized payment system.

  • 1. The number of users of the global Internet is close to 5 billion, which has provided a solid foundation for the development of Bitcoin.
  • 2.Bitcoin's anonymity and asymmetric encryption make transactions more secure and efficient.
  • 3. The decentralized nature of Bitcoin can not be controlled by centralized institutions and governments, and is completely autonomous.
  • 4.Bitcoin's non-replicability also determines higher security, just like human DNA, unique and non-replicable.

If all countries and trading entities in the world use Bitcoin as a payment method, can relative fairness be achieved, because fairness is not absolute.
 
Is global trade more convenient and faster? Is economic globalization smoother? Is the allocation of resources more reasonable? Is it effective to eliminate economic crises?

I think it will realize the rational use of resources and reduce the waste caused by overcapacity. Will the global division of labor be redeployed and more harmonious.
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