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Is bitcoin an angel or a devil?

The birth of new things is always accompanied by suspicion, criticism and risk. Bitcoin is no exception. The most people's impression of the currency is the sharp rise and fall. Bitcoin will eventually be a bubble. People who play the currency rush into danger. The market is not short of the new smell of trading bitcoin bursting. The bitcoin has already been loaded with two lives in China.

Moreover, in the current context of carbon neutrality and environmental protection, bitcoin is obviously not "Friends of the earth". Mining bitcoin consumes a lot of power. Bitcoin is expected to emit as much carbon dioxide as New Zealand and generate as much e-waste as Luxembourg.

But the bubble and pollution of bitcoin can not be called the devil. Bitcoin has become the "evil promoter" behind the illegal website dark net, which is the real evil. Dark net is full of human trafficking, illegal money laundering, hacker attacks, known as hell on earth. Bitcoin has become the most ideal currency for criminal transactions because of its decentralized and covert trading characteristics. Bitcoin indirectly contributes to crime.

But many things are relative. People in a certain corner of the world regard this "devil" as "angel" and save their own lives at the critical time

Venezuela is not only the world's highest waterfall, but also the world's highest inflation. According to a vivid example, a cup of coffee has increased 37 times in a year, 223.65 million times compared with 2016.

For the common people, life still needs to be lived. Can we trade in US dollars? It's hard to get us dollars locally, so we can only use bitcoin. The world's first traffic of the offline trading platform, local bitcoins, comes from Venezuela.

For the Venezuelan people, bitcoin is a weapon against the government and inflation. Bitcoin can meet the needs of consumer transactions in the local area. Adrian, a material engineer, said: does a government with such a bad economy have the face to collect taxes? However, the reality is so cruel. Therefore, we would like to thank the offline trading platform, local bitcoins.

Bitcoin is a great contribution.

(2021-4-18)

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