I believe you know something about bitcoin more or less. It has been 14 years since a man named Nakamoto invented bitcoin. During this period, the price of bitcoin has risen from a few cents to $60000, which is not a big increase. At present, in the virtual currency, bitcoin is the mainstream, and the value of other small shares of virtual currency has exceeded that of apple.

The higher the price, the more and more people are willing to try. We all know that bitcoin is an anonymous and decentralized virtual currency. We only need one address to transfer wealth, which is simple and convenient. Different from the transfer records of ordinary industries, bitcoin is not regulated by institutions, which is its advantage and disadvantage. The disadvantage is that many people use it to launder money and realize the transfer of illegal property. Therefore, there is no way to regulate and anonymity, so that governments around the world almost do not recognize it as a currency, and do not give it credit endorsement. However, the people who play in it are too right, so they can only guide investors to take the right path. What we have to admit is that the decentralized technology is quite good, because bitcoin is a kind of Distributed Accounting. You have to show your records to everyone every time you record an account, so you don't dare cheat in broad daylight. The design principle of bitcoin can be said to be a kind of genius design idea.

However, with the continuous development of bitcoin and the entry of more and more traditional institutions, it seems that many well-known people who used to be excluded no longer object to it, such as Warren Buffett, the stock god, from opposition to neutrality and so on. As Salomon, the head of Goldman Sachs, said: bitcoin and digital money market will soon usher in a "big change", especially in terms of American regulation.

The main reason why Goldman Sachs has done so is that more and more of its customers are ready to invest in bitcoin. Even though the US government has not explicitly indicated that it wants to regulate bitcoin, if Solomon does not make a statement earlier, I am afraid the loss of customers will be very serious, which Solomon does not want to see. That's what Solomon said: blockchain is an area of continuous development, which is also an area where we are trying to actively respond to customer needs. I think there will be great changes in the specific development of this field in the next few years. "

At present, the regulatory rules on bitcoin and other cryptocurrencies are still very complicated, mainly because different government agencies still adopt competing and sometimes contradictory positions on these assets. For example, the securities and Exchange Commission of the United States has chosen to regulate securities trading and exercise claims on most Ethereum based tokens sold in the United States as a way to raise money for start-ups. The CFTC regulates the bitcoin derivatives market, such as futures and options contracts on exchanges such as bakkt and CME.

(2021-4-7)