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Bitcoin is a new form of wealth

Since the eighties and nineties of last century, an information revolution and a globalization have profoundly changed the world. The interaction between the two has resulted in a huge global fission. Social injustice is not only reflected in the widening gap between the rich and the poor, but also in the expanding fairness of resource allocation in the fields of education, medical care and information. In the face of this situation, most countries mainly rely on social reform, increasing social welfare and expanding the construction of public goods.

However, these practices are "top-down". After entering the 21st century, because of the development of digital currency and the underlying technology, especially the stimulation of the financial crisis in 2008, people try to create new forms of wealth from bottom to top based on the progress of science and technology. Bitcoin is a new form of wealth.

Over the past 10 years, people have gradually recognized and accepted the wealth value of bitcoin, and then promoted the development of more encrypted digital currencies, gradually forming an interactive situation between digital currency and digital assets. In this process, social groups that participate in the development and ownership of digital currency have been formed. In such a big historical context, we need to admit the fact that bitcoin creates a new wealth experiment for human beings and provides a technology-based solution to ease the gap between the rich and the poor and the spread of human inequality.

(2021-4-6)

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