When discussing Bitcoin, many netizens are talking about the international situation, the over-issue of the U.S. dollar and currency depreciation, and they believe that cryptocurrencies such as Bitcoin are the future trend. It is believed that the non-additional feature of Bitcoin, which allows Bitcoin to maintain its value, will be one of the best tools for people to fight against currency depreciation in the future. The new consensus system established by the decentralization of Bitcoin is different from the traditional legal currency system and will make more people believe in the stability and security of Bitcoin. In fact, I really want to know, have you really thought about it?
The decentralization and non-issuance characteristics of Bitcoin may not necessarily be the advantage of Bitcoin, but may be the disadvantage of Bitcoin. In fact, this is the same as many people yearning for a better life abroad. They always think that the moon abroad is also round, but in fact it may not be so. The currency system is the foundation of a country. Every country attaches great importance to its own country's currency system, and it is impossible to allow others to get involved. From the day that shells become currency 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 country is very low, and people's dependence on the country is also very low. For example, when Zimbabwe's domestic currency system has problems, the country's currency system has completely collapsed, and the domestic currency has become a pile of waste paper. In such a country, a currency system like Bitcoin is indeed needed to help ordinary users avoid risks. However, in some countries with relatively complete monetary systems, there is no need for a currency system such as Bitcoin. Instead, Bitcoin will affect the stability of the domestic currency system.
In fact, I would like to ask a question about the consensus of Bitcoin. Would you like 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 current peaceful life is given by the country. I don't understand why so many people believe in the decentralization of Bitcoin, except for those with special needs, Bitcoin is actually a pseudo-center built around capital. What Bitcoin can do, in fact, digital renminbi can also do it.
Netizens who support Bitcoin often say that the total number of Bitcoins is only 21 million, thinking that Bitcoin cannot be issued, so it can keep its value. In fact, the release and tightening of monetary policy are mostly the country’s special needs for economic development. Monetary policy conditions the country’s economic development. For example, the United States is now releasing water on the U.S. dollar and devaluing the U.S. dollar to alleviate the difficulties encountered by the U.S. economy. Therefore, as a currency system, if you blindly think about maintaining value, it is prone to problems.
In fact, currency devaluation is an international norm. It is not only the US dollar that is releasing water, but most of the national currencies are devaluing. But other currency systems are depreciating, but Bitcoin claims that there is no devaluation, is it a bit out of place? Other currency systems have depreciated, but Bitcoin does not depreciate, which makes people feel weird. Of course, with the support of capital, Bitcoin can indeed grow without depreciation, but will there really be so many people waiting to be harvested?
Of course, Bitcoin has a very important position in some special areas and can meet the special needs of a few people.
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