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What's unique about bitcoin?

With the advent of bitcoin, file sharing between users has changed from point-to-point to decentralized. At the beginning, they were very scared, but now bitcoin can't be blocked. It is also recognized by some industries, that is, it is not controlled by any country, government and financial institutions, and has the attribute of safety and "unrestrained". In addition, bitcoin itself has no price rise and fall restrictions in the trading mechanism, and there is no completely unified trading platform, which gives speculators the imagination to get rich overnight. In addition, the bifurcations of bitcoin, the first issue of token and other new ways of playing once pushed its price up.

The most important thing is the scarcity of bitcoin. The incentive mechanism and separability of bitcoin determine that bitcoin economic circle is a deflationary environment. As a virtual currency, bitcoin will eventually reduce the total supply due to less incentives and partial key loss. But considering that each bitcoin can be divided into 100 million parts, 2100 trillion units of bitcoin can meet the needs of actual use in a long time.

Of course, it is not controlled by any country, government and financial institutions, and has the property of security and "unrestrained", which makes it popular in the current world pattern. This situation is difficult to change in a short period of time, and even the friction of the general environment will hinder the trade in some regions. Bitcoin will rise even higher in the future. Of course, some big companies have already laid out the mining market, built bitcoin mines in the power resource rich areas of the central and western regions, and promoted it to individual users busy in other industries by purchasing bitcoin computing power.

(2021-4-20)

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