As a person in the currency circle, singing empty bitcoin is not effective and should not be. However, we are the crew members on the big ship in China. If Bitcoin is popular in China, it will be a disaster for us in China.
1. Why is Bitcoin created?
Everyone knows that the reason has been written in the creation block by Nakamoto. In that year – or 2008, the global financial crisis broke out, and the UK Treasury Department issued another currency in order to let the banks tide over the difficulties. Satoshi Nakamoto wrote this article, the headline of the Times, to the creation block. To put it bluntly, Bitcoin was born to defend against inflation.
Throughout the history of human economics, development is the mainstream, and the global economic crisis worth writing is only a few times: the 17th century Dutch tulip bubble (this is often used to compare with bitcoin), the 19th century US banking depression crisis The Great Depression that triggered the First World War in the 20th century, the Black Monday in the 1980s, the Asian financial crisis in 1997, and the subprime mortgage crisis in 2008.
Human economic activity is so active, but it is only because of several economic crises in the district that it wants to erase the credit of the law and let bitcoin be replaced. Is this fair?
Personally, Bitcoin is good, but from the perspective of society as a whole, Bitcoin is extremely harmful. The simplest truth is actually mentioned in the last article, that is, deflation seriously hinders the development of social economy.
Second, the country where Bitcoin is popular is also very interesting.
They are all countries with political and economic turmoil, and are basically the countries that often appear in the news, such as Venezuela, Argentina, Turkey, South Korea, etc.
The country of Venezuela is self-sufficient, and the president he chooses to feed himself to eat and eat. The former president came to power by populism and used the huge sum of money brought by oil to feed the voters, but did not know how to develop the economy. After the oil plummeted, leaving a pile of mess, it is really called "I am even a flood after the death."
Argentina is a typical country caught in a middle-income trap. It is also a country that relies on its strength to borrow money and pays back, and blatantly relies on Wall Street loans. After Argentina was caught in an economic crisis, the international community no longer gave loans to Argentina, and the Argentine economy fell into a quagmire.
Turkey’s current status as a great power is thanks to the Turkish father, Kemal, who is the country in which Kemal has built Turkey into a secularized country. However, Turkey’s current President, Erdogan, is dragging Turkey into a quagmire of countries where politics and religion are united. The political and religious unity is a very dangerous regime that is incompatible with the US strategy in the Middle East. Therefore, the United States secretly launched sanctions against Turkey and responded to its currency lira. In the middle of last year, the lira plunged, Turkey was in a slump, and even directly used administrative means to lock the exchange rate.
The country of South Korea is amazed because South Korea is a country controlled by the chasers led by Samsung. When Park Jung-hee’s father, Park Chung-hee, built a modern country with high-handed means and sacrificing the interests of a whole generation, he was captured by the chaebols, and it’s really embarrassing to think about Park Geun-hye’s end. It is precisely because the chaebol controls the country. If it is not the occupant of the big ship of the chaebol, the ordinary Koreans will never have a day to go, and even many retired seniors have to continue to look for work because their pensions are not enough. Therefore, Koreans are the most popular countries in the world for digital currencies such as Bitcoin.
The above examples only show that the country where Bitcoin is popular is definitely a country that the goddess of disaster cares about. We all live in China, we are all part of China, and we have no green cards from other countries. If the Chinese ship is overturned, then our crew members will never have a good life. Even if you hoard a lot of bitcoin, you can get your little family out of the country, can you get your relatives and friends out of the country? Can you integrate well into foreign circles abroad? People leave their hometowns and leave their homes expensive. As ordinary people, living in a place they are familiar with is the most stable.
3. Why can't China accommodate bitcoin?
1. China can not collapse in the 1997 Asian financial crisis. The most important point is that China has a strict foreign exchange management system. Any foreign exchange entry and exit has strict regulations, so foreign giant crocodile can not call for rain in China.
The legalization of bitcoin transactions can perfectly bypass the foreign exchange management system that China has painstakingly established. Think about Bitcoin's trading process, buy a lot of bitcoin in China with RMB, remember the private key, then sell Bitcoin abroad, and cash out a lot of dollars.
In this way, is it easy to go abroad for assets? Ordinary people do not have a large amount of assets to flee, but illegal assets (assets acquired by power rent-seeking, assets obtained through illegal criminal transactions) have strong demand for flight.
It seems that the escape of these people's assets seems to have nothing to do with you and me, but remember: no snowflake is innocent when avalanche, each of us will be hurt by the escape of these assets.
2. In fact, it is not that China cannot tolerate bitcoin, but that Chinese people cannot tolerate bitcoin. What is the solution?
The data shows that in China, only 3% of people have received higher education (including college education or above). You can start a survey to see the composition of the people in the currency circle. I dare say that most of them are young people around the age of 30, and they are all young people with higher education.
Therefore, the remaining 83% of people who do not understand Bitcoin, can not tolerate Bitcoin, the mention of bitcoin is the impression of pyramid schemes, liar. There are a few people who dare to say that they are the people of the currency circle. Which one is not sneaky, they are afraid that others will become a street mouse.
Fourth, let me talk about why I am not optimistic, but still stay in the currency circle.
The biggest reason is that the money in the currency circle is too good to earn. I have never seen a place like the currency circle, writing articles, playing games, and making money with a mouse. The current currency circle is like the Internet of a dozen or 20 years ago, and it is in the era of high dividend and high subsidy development.
So, I will stay and stay in the currency circle.
