Crazy Bitcoin, where the future goes

In addition to madness, there is no other words to describe bitcoin, from 2008 just came out of the attention, but this also hangs the machine to burn the graphics card, I did not go to do, early play a number of indeed a lot of rich, and today comparable to the price of gold is not expected. What is the impact of Bitcoin on the online world and the real world, and where will the future go?

Pondering over the bit-currency ecology brought by mining

Bitcoin money generated by mining, in the real world is the miners and coal bosses, the rich tyrants can do a bit of the world's coal bosses, and small players are hard in front of the miners. Many people bought a lot of professional digging machine to play, speed up mining, early in this dial people earn, selling mining machine earned, most small players are not willing to buy the mining machine. So a strange idea arose, and some tech people started digging on VPS, digging in AWS, using cloud computing to dig mines, and that's a good idea.

Mining in the real world, whether it's a gold mine or a coal mine, all depend on the use value to realize the benefit, the exchange principle to play the role, the Exchange object multiplication; The Bitcoin world's mining needs to exchange the Bitcoin for other goods to realize the value, which means that only a large amount of goods can be paid in Bitcoin, the Bitcoin value will be highlighted. From the current point of view, the use of Bitcoin payment can also be realized, the merchant received Bitcoin payment could not be deposited in the real bank, must be traded in the Bitcoin or exchange of real money, other commodities, which constitute a primitive ecology of the early market economy ecology.

In the Bitcoin ecosystem, the more people involved, the richer the goods, the higher the circulation value of the Bitcoin, the question is whether the distribution of bitcoin is safe, whether it will cause the market to collapse due to the issue of security issues, under the 28 rule, tyrants have a large amount of bitcoin, but in fact their demand for goods is not high, They are more inclined to do bit finance. At this time, we reflect on a problem, whether labor to create value, mining is the real world of labor in line, mining only brought the bitcoin distribution, and did not directly increase social value, then bitcoin's ecosystem is more like a free from the real financial world and tax system outside the realm, A fair but unequal realm.

Bitcoin innovation and the generation of mining machine Trojans

In recent days, there have been news reports that there have been mining machine Trojan software abroad, according to the domestic dark Internet madness and no bottom line, this kind of Trojan horse in China is also not far off, then, if the bit-currency ecology is still alive, we may suddenly find: I do, there is a huge zombie network of super hackers Wealth quack, Wang than the richest man in the world, one does not have to hire the super rich in the Bitcoin.

Recently, it seems that some player software has also learned to do a Peer-to-peer file sharing system, through Peer-to-peer balanced video traffic load to allocate a part of the currency to the participants, the details are not detailed, this model for reference to the mining machine, coupled with the characteristics of the crowd in China, it is likely to quickly form a large-scale use of the crowd. The impact on the video industry and IDC industry is subtle, because the player software has been criticized piracy, so the big video site may not support them, they need to build their own virtual market to allow miners to obtain income transformation, telecom operators may not be too fond of peer-to-peer, the possibility of port blocking.

Familiar Bitcoin system, imperfect financial chain

Old netizens may remember the early Internet net earning system, brush Alexa Alliance, malicious click Ads Alliance, Browser automatic surfing tool, etc., bitcoin system developed than in the past, it borrowed from the financial system of many basic principles, combined with peer-to-peer technology, The formation of E-commerce habits also provides a convenient condition for Bitcoin market transactions.

It's just a matter of common sense that a Bitcoin wallet is placed in your computer or server, so who gives you insurance? Your money exists. The bank can deposit 0 or installment, and the bank will not lose your money (except for bankruptcy or inflation), and the hard drive with the Bitcoin wallet is lost. Bitcoin has a large number of holders in the ecosystem, but no Bitcoin bank, which is the biggest financial chain.

Because of distributed distribution, no one dares to be a bitcoin bank, because without the people's Bank of China or the Federal Reserve in the Bitcoin world, even with the audacity to be a Bitcoin bank, he has no control over the circulation of the left and right bits. At the same time, the adjustment of the algorithm is not the end of digging miners are around, once the algorithm has been tampered with, a heap of people may be involved in a logical black hole, although the open source system, but how many people will go to a line of code to analyze the logic and logic traps?

Unregulated finance can easily be the cradle of criminals

And do not say that the Bitcoin Trojan this direct way, because of the distributive and covert nature of Bitcoin, the likelihood of a transaction being regulated is 0, since they are already confronting the real-world financial system and the rights system, so no one knows what the secret world really deals, nor does anyone pay taxes or anything like that, This is the best way for drug dealers.

The only real identity and address of the transaction is IP, this is easy to hide, the Bitcoin system is not tied to the citizen information of the banking-type financial products, bitcoin transaction flow for the police has little value, the hidden IP is extremely simple things. And the end of Bitcoin currency to exchange the link becomes an important part, and these places are often Bitcoin trading center or access to bitcoin merchants, if the use of decentralized extraction, then money laundering is very safe and convenient.

The type of bitcoin is also increasing, and there is an ecological chain underneath each Bitcoin, when a pile of people in the crowd, in fact, people only remember their own greed and rich dream, but ignore their own opportunity costs, so, if not big tyrants, we might as well work, save some time to accompany relatives and children, First win the real world, live well now.