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The hidden danger of the development of bitcoin

As for the total number of bitcoins designed to be 21 million, there is a misunderstanding

As the world's largest cryptocurrency, bitcoin's maximum unit price has exceeded US $61000, equivalent to RMB 400000. A lot of things are that the higher the value, the more people will pay attention to them, and so is bitcoin. Many people pay attention to bitcoin not because of its bright future, but just because it can make money. After all, a bitcoin is worth more than $60000. As long as bitcoin does not collapse, it can be exchanged for real money on the trading platform. So more and more people are joining the ranks of bitcoin. Of course, not all of them want to hype bitcoin. Some of them just want to mine.

Many people see bitcoin as a one-sided introduction to gold, but it's not a one-sided introduction to bitcoin. I have also read many articles about bitcoin on the Internet. Bitcoin has many characteristics because it is an encrypted currency based on blockchain technology. Among them, the total number of bitcoin is designed to be 21 million, which is also one of the biggest advantages of bitcoin. On this point, I think there is a deviation in your understanding. I can tell you a little story to more intuitively interpret the value preservation of bitcoin.

Bitcoin restaurant's business is booming, a position was fired to 60000 dollars

There is a man named Nakamoto, who learned a cooking skill on the Internet and opened a bitcoin restaurant in Japan. But bitcoin restaurant has a feature, that is, it has only 21 tables, and can only accommodate 210 people at the same time at most. However, the signature dishes of bitcoin restaurant are so delicious and cheap that it attracts many people from all over the world. However, due to the limited location of the restaurant, the late guests can only wait in line for dinner. As soon as some scalpers see the business of bitcoin restaurant is booming, they start to hype the dining room and become scalpers of bitcoin restaurant.

Vitalik buterin, who saw the business of bitcoin restaurant was good, went to the Internet to learn how to cook, and finally opened an Ethereum restaurant in Russia. Moreover, vitalik buterin has a little bit of a brain. He thinks that a good business can't be done by himself, so he wants to turn the Ethereum restaurant into a chain store. Then, according to the mode of Ethereum restaurant, many chain stores were opened around the world, including Ruibo coin, Laite coin and coin'an coin. One day, a food critic named musk went to bitcoin restaurant for dinner. He thought the signature dishes of bitcoin restaurant were delicious, so he decided to pack a table of bitcoin restaurant.

As a result of Musk's vigorous promotion, bitcoin restaurant's business is extremely hot, a position was fired to 60000 dollars. After bitcoin restaurant's business is booming, it also leads Ethereum restaurant's business. Since bitcoin restaurant has only 21 tables and has been reserved by some bigwigs, there are not many places left for others. Therefore, many people worry that if they can't get the position, they will cherish the flowing dining position more, and these dining places will continue to be hyped too high price.

The signature dish of bitcoin restaurant is called blockchain, which can be learned by other restaurants

In the past, the owners of the French restaurant decided to find a way to deal with them when they saw that the situation was not good and the business of their restaurant was robbed by bitcoin restaurant. So I checked their information on the Internet, and found that their signature dish is called blockchain, and used the publicity strategy of hunger marketing. So he asked the chef to cook several blockchain dishes. Although the signature dishes of the French coin restaurant were not very appetizing, the supply was stable and the price was fair. Delicacy has the final say in the food court.

Of course, the above story is purely fictional, just to let users understand bitcoin more intuitively and know what the so-called constant total amount means. Although the total amount of bitcoin is 21 million, its mode can not be copied. Latecomers become the first time in tiktok, but not Kwai later. The total amount of bitcoin 21 million remains unchanged, which can only prove that if you own one bitcoin, you will always have one of 21 million bitcoin.

Use the story of bitcoin restaurant to interpret what the total amount of bitcoin 21 million means. Although the total amount of bitcoin is constant, the mode of bitcoin can be replicated, so the so-called hedging has great limitations. Just like the table of bitcoin restaurant, the location of bitcoin restaurant is tense, so others can eat in other restaurants. Of course, the business depends on who does it. It's all blockchain restaurants, and the final development will be very different. The future of bitcoin is unpredictable. It may continue to break through the $100000 mark, and it may fall into dust overnight. But no matter what the future is like, the risks and benefits of bitcoin are very high, and the unit price of 60000 is full of temptation.

(2021-3-21)

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