In just a few decades, bitcoin has increased by hundreds of thousands of times, which has also brought new opportunities to many people. Of course, looking back on the development of bitcoin in the past decade or so, it is quite tortuous. From the very beginning of its issuance, it was doubted that it was a hoax, followed by a continuous downturn in the price, and only now has it gradually improved. Of course, the most discussed issue in today's market is whether bitcoin can be used as a currency, and the problems of bitcoin as a financial currency.

But whether experts look at bitcoin or not, bitcoin has become a rare resource. Under the flood of the epidemic, a lot of money abandoned gold and poured into the bitcoin market, which made a lot of people's wealth have a new set and a new look.

In fact, bitcoin is just a string of digital codes, so why is it worth more and more. What chess game is hidden behind bitcoin?

According to statistics, 2% of the world's people hold 98% of bitcoin. The reason for the rise of bitcoin price is largely due to the scarcity of bitcoin. The number of bitcoin has been constant since it was issued, which is 21 million. Under this kind of scarcity, the price of bitcoin has soared.

Judging from the transaction price of bitcoin in recent years, bitcoin is in a state of excessive speculation. However, those who can make money in this market are not professional speculators, but those who buy and sell mining machines, or the builders of bitcoin trading platform. Those who are encouraged to enter the market by the market, if they don't have enough inner strength, it's really difficult to persist until they get the income they want.

So who is the biggest beneficiary of bitcoin?

Bitcoin is equivalent to the final product in the whole production chain. The profit distribution of each link is different, so people in different links have different interests, and most people are at the end of the profit distribution.

A product is born, many times is for the market, bitcoin appears is the same. Its decentralization and point-to-point transactions are designed to solve the shortcomings of traditional currency, so that everyone has the right to keep accounts, can not be over issued, and is completely open and transparent.

Of course, bitcoin has good and bad characteristics. Its decentralization also shows that it is not regulated by any national government or institution, so it is difficult to be guaranteed in case of problems. Therefore, investors must be careful when choosing the exchange, because the exchange is an important step in bitcoin trading.

Formal digital currency license is equivalent to the formal business license of the exchange, so the control of this level is really important. In this way, it will be more safe and reliable for investors to use.

Of course, investment will have risks, because the market itself has a lot of uncertainty and risk, so the basic work before investment must be done in place.

(2021-4-4)