The domestic bitcoin market is probably the most active of all kinds of exchanges

Domestic Bitcoin market is probably the most active of all types of exchanges, away from the money recently, at this stage, the user is also the most urgently needed, so the most involved in the game, the wind to give and the support is the largest. But the improvement of the Bitcoin ecosystem requires many other applications, such as the equally basic Bitcoin wallet and payment.

A few days ago I visited a coin purse application of the company, called the currency line, two co-founder, Changhao is a technical background, before the Facebook, Wang Hao is in Goldman Sachs, two people back to business, took the idg millions of dollars, did the currency line. Set them both is IDG is responsible for the virtual currency field of Li Feng, IDG also voted Coinbase and OpenCoin and other companies.

Two people decided to start a business in Bitcoin, a total, now do the exchange so much, we do something different, we chose the direction of the wallet. The exchange is well understood that at this stage bitcoin is really used as a currency or a minority, most people take Bitcoin to exchange fiat money or take the money to buy Bitcoin, the exchange is the platform for the activities here. A Bitcoin wallet is the application of your Bitcoin, where you can store and easily transfer money or pay other people for a service, such as using it to buy a cup of coffee in a garage.

Domestic wallet application is faced with a dilemma is that the user holding Bitcoin, basically few can spend the place, then why do you want to use the wallet? Foreign environment is relatively good, more well-known wallet applications and blockchain and Coinbase, they are also the wallet as part of the function, there will be other extensions, such as blockchain also provides a lot of information inquiries services, and Coinbase themselves to do the exchange, and to provide payment services to merchants.

The currency line is also the idea. In addition to the wallet, the bank also provides the function of the transaction, the user can carry on the cross platform transaction through the currency line, currently supports Okcoin, the other home is still talking. Changhao said their idea was not to do trading platforms, but to guide other platforms so that conflicts of interest could be avoided.

In addition to the first web-side products, the currency line today is a mobile end of the product "coin treasure", the main three modules are quotes, information and tools, the market is part of the convenience of users in the mobile phone can see the prices of major exchanges, and some can be directly traded; The Information section is the article that captures the information site of the virtual currency, Facilitate the user to obtain this information; another good gadget called price reminder, you can set an interval, when the Bitcoin or the price of the Wright currency beyond this range, the application will send a reminder, save the big things you do not know.

Overall, in the mobile end of the coin is a very good product, the function is more comprehensive, to facilitate the user at the mobile end of the real-time grasp of the virtual currency, based on this information to operate. This version of the wallet has not been added to the main function, Long Hao next version will be considered.

In the process of chatting, I asked long Hao why to choose the wallet this relatively unpopular point of direction, he pondered for a moment, said that now may be no use of wallet applications, there are many reasons, such as the ecological imperfect, not enough to support the business, but he believes that the situation will change, time is not good, may be the United States Bitcoin market application soared this year, The joint will make the same changes in the domestic market next year, when the basic application of the purse will be on fire. Now the currency line can do is to do a search for the Tuyere pig, posing, such as wind.

Some of the other scattered dialogues are sorted as follows:

Me: Do you watch the DAC?

Chiang: It's a good idea, but I think it may take some time to implement the business community. Now really do not have a few, make out such as BitShare, I feel too complex. Bitcoin was initially born with a simple, but almost limitless, extension of the product, BitShare.

I asked Wang Hao: as a financial practitioner, what do you think of bitcoin?

Wang: When I first heard Bitcoin, I was still working on the Exchange fund, and I felt that Bitcoin had a lot of room to think about in the financial field, and I could use a project I was thinking about. So do many friends around.

What do you think is missing in the domestic Bitcoin circle now?

Chiang: What's missing? Of course there is a lack of willing to do the work of the people, such as us (we have laughed). Seriously, on the one hand is the lack of real to develop bitcoin related applications, on the other hand is the lack of good media to educate the public.

I: Understand, I write in the 36kr on the coin related things, many readers will also spray me: "began to preach Bitcoin, how much you bought AH." How much do you think China really understands the inner laws of bitcoin and believes in its future? Butenafine？

Chiang: Maybe less than 1%, not more than 10,000.

So, the road is still very long.