For those who want to hold bitcoin for a long time, it is a new form of wealth in the future for some players. In the view of some players: "throughout the development process and law of money, people used shells to trade in the first place, then turned into gold, and then got paper money. And the trend of the future world must be virtual currency. " Some bitcoin players believe that bitcoin will surpass gold and become a new currency never seen in the world.

But some people questioned the view. "This view ignores a premise, which is about sovereign currencies." They believe that bitcoin is not a currency, and in China, the central bank has not recognized its currency status. At present, it is only a commodity, not a sovereign currency, and that the exchange between them is not valid in China. "At the same time, at the national policy level, virtual currency is a matter of national promotion.".

Recently, swift (Global Association of banking, finance and Telecommunications) and the digital currency Research Institute of the central bank have set up joint ventures. In the view of industry insiders, this also represents the situation that China's digital currency will go global in the next stage. It is an important measure to push RMB towards global settlement and globalization.

"In this context, the exchange of digital currency and digital currency in China is an official act. Private investors may be illegal to stir up their own currency or issue their own currency.

As for bitcoin itself, no one can predict its future, from the experimental product originally born in the blockchain, to the "plaything" in the hands of geeks, to the controversial investment commodities, to the hedging tools of investment institutions, to the asset reserves of listed companies, and its value is being told by history.

(2021-3-22)