When discussing bitcoin, many netizens were talking about the international situation, the release of US dollar and the devaluation of currency. They thought that cryptocurrencies such as bitcoin were the future trend. It is believed that bitcoin, which has the characteristics of value preservation, will be one of the best tools for people to fight against currency devaluation in the future. The new consensus system established by the decentralization of bitcoin, which is different from the traditional legal currency system, will make more people believe in the stability and security of bitcoin. In fact, I'd like to know, have you really thought about it carefully?

The characteristics of decentralization and non issuance of bitcoin may not be its advantages, but its disadvantages. In fact, this is the same as many people yearning for a better life abroad. They always think that the moon is round, but in fact it may not be so. Monetary system is the foundation of a country. Every country will attach great importance to its own monetary system, and it is impossible to allow others to touch it. From the day shells become money for trading, the monetary system needs to be based on a consensus, otherwise it will become worthless.

In some special countries, the credibility of the state is very low, and people's dependence on the state is also very low. For example, when Zimbabwe's domestic monetary system went wrong, it led to the complete collapse of the country's monetary system, and the domestic currency became a pile of waste paper. In such a country, a currency system like bitcoin is needed to help ordinary users avoid risks. However, in some countries with relatively complete monetary system, bitcoin is not needed at all. On the contrary, bitcoin will affect the stability of domestic monetary system.

In fact, as for the consensus of bitcoin, I would like to ask a question: do you want to believe in the country or the unreliable bitcoin. Maybe many people have been at ease for too long, ignoring the importance of the country. Our present peaceful life is given by the country. I don't understand why so many people believe in the decentralization of bitcoin except those with special needs. Bitcoin is actually a pseudo center built around capital. What bitcoin can do, in fact, digital RMB can also do.

Netizens who support bitcoin often say that the total number of bitcoin is only 21 million. They think that bitcoin can't be issued, so it can keep its value all the time. As a matter of fact, most of the monetary policy easing and tightening are the special needs of the country for economic development. Through the monetary policy conditions, the country's economic development. For example, the United States is now releasing water to the U.S. dollar to alleviate the difficulties encountered by the U.S. economy through the depreciation of the U.S. dollar. Therefore, as a monetary system, if we blindly think about hedging, in fact, it is easy to have problems.

In fact, currency devaluation is an international norm. It's not just the US dollar that is releasing water. In fact, most national currencies are devaluing. However, other monetary systems are devaluing, but bitcoin claims not to devalue. Is it a bit out of place. It's strange that bitcoin doesn't depreciate when other monetary systems depreciate. Of course, with the support of capital, bitcoin can grow without devaluation, but will there really be so many people waiting to be harvested?

Of course, bitcoin has a very important position in some special areas, which can meet the special needs of a few people.

(2021-4-16)