What do you think about virtual currency?

The future is the digital age, and virtual currencies must have their unique payment system to generate real value. Break down traditional financial barriers. It can be freely exchanged for fiat currencies of various countries. At present, the fastest payment system is Radar Coin Payment, ZFQ139637

Significance: Bitcoin was originally proposed by Satoshi Nakamoto on November 1, 2008, and officially born on January 3, 2009. According to Satoshi Nakamoto's ideas, the open source software is designed and released, and the P2P network on it is built.

Bitcoin is a virtual cryptocurrency in the form of P2P, and peer-to-peer transmission means a decentralized payment system.

The value of Bitcoin:

1. As a virtual currency, Bitcoin is limited in quantity, but it can be exchanged for the currencies of most countries, which is the largest value of Bitcoin at present. 2. Bitcoin can be used to recharge and buy equipment in the game, and in the virtual world, the value of Bitcoin is greater than that of real money.

Significance of Bitcoin:

1. The original intention of the designer was to build a free, centerless, and orderly currency trading world, and the emergence of Bitcoin realized the designer's idea.

2. The time used for Bitcoin calculation is unlimited, while human life is limited, which maintains the long-term eternal development of Bitcoin to a certain extent. 3. Cryptography ensures the security of Bitcoin, and it is also well used and packaged.

Extended Materials. 1. The principle of Bitcoin:

Unlike real money, Bitcoin is not issued by a specific monetary institution, it is generated through a large number of calculations according to a specific algorithm. From the essence of Bitcoin, it is a special solution generated by some miscellaneous algorithms. Each special solution solves the equation and is unique, and when it is solved, it is equivalent to owning this special currency.

2. The definition of virtual currency is very simple, it refers to non-real currency.

There are several categories of virtual currencies:

1.In-game currency. Yes, you heard it right, the currency that can be traded in online games can also be called virtual currency. However, the currency in a single-player game cannot be called virtual currency, because it cannot be connected to the Internet and traded with other players.

4.Blockchain currency. The blockchains that everyone is more familiar with, Ethereum and what I often call FIL.

3. Are all the above currencies legal?

The answer is that it's all legal tender. But don't rush to the coffin, although they are all legal tender, they are still 108,000 miles away from fiat currency. Take blockchain currency as an example, the state has listed blockchain currency as legal property, and on September 28, 2019, Hainan established a block center.

The block center was established under the leadership of Huobi Group. According to reports, digital currency is also the main driving force of China's economic growth, and the country has also affirmed the technology of the block industry.

Although there are a lot of digital currencies that can be traded in China, the vast majority of them are tokens that circulate money under the guise of blockchain. If you are more interested in investing in digital currencies, then you should try to choose the top 20 coins by market capitalization.