RainbowKun loves to use sheets or digital keys. This is a distinctive feature of his posting. In other accounts, this practice is also widespread, I will not be fully citing these posts, links to a maximum of 3-5 posts for all accounts, where similar posts are found:
RainbowKun1.Bitcoin is not just a currency, but represents a new human civilization
2.Bitcoin is the only thing that humans cannot control
3.Human society is migrating to "math governance" through Bitcoin.
4.Bitcoin brings us true freedom of thought
5.What do you think will happen to Bitcoin in 100 years?
- First of all, you must understand cryptography and mathematics. Cryptography and mathematics are the most basic disciplines for building the entire Bitcoin network. You must be the world's top cryptography expert. Only in this way can the network constructed will not be cracked;
- Second, You must understand computer science, you must understand the most basic coding language and database logic, only in this way can it be possible to transform some ideas into products;
- Third, you must understand economics. Because the most basic problem of Bitcoin is to create a kind of "peer-to-peer coin", which belongs to the category of economics. You must use various principles of economics to design currency issuance and incentives;
- Fourth, you must understand sociology and politics. The most basic problem of Bitcoin is not only economic, but also sociological and political. Because it involves the governance of human society. There is an essential difference between the two points of centralized governance or decentralized governance.
- Fifth, you must understand the law. The establishment of Bitcoin is a comprehensive impact on the existing world legal system. Now various countries have formulated corresponding laws for Bitcoin. Either ban it or adapt to it.
- Sixth, you must understand physics, chemistry, biology and other natural sciences. Few people talk about this. But in my opinion, the creation of Bitcoin contains a lot of ideas about the first law of thermodynamics and the second law of thermodynamics. Regarding this point, I will share with you the thermodynamic principles contained in Bitcoin separately in a future article.
- Seventh, you must also understand philosophy. When all the above knowledge is brought together, it is not a problem that can be solved by one or two single subjects. It is the quintessence of multidisciplinary knowledge. It will involve the most philosophical issues such as the origin of the universe and the nature of civilization. Without a philosophical framework system, it is difficult to understand Bitcoin fundamentally.
- 1.The organizational form is a distributed autonomous organization, not a company system.
- 2.Based on certain open and fair rules, the organization can upgrade the rules through governance.
- 3.The incentive of the ecosystem is based on Token, and the participants of the ecosystem can obtain various Token rewards.
- 4.Token holders jointly own the control and ownership of the organization, and can determine the development direction of the organization.
1)Bitcoin, like gold, has a limited total amount and is scarce, and neither can be supplied infinitely. At the same time, it is very difficult to obtain, and it requires cost.
2)Bitcoin and gold have similar physical properties, and both have the uniqueness of matter. Can not be tampered with, can not be copied, can be physically divided.
3)Both Bitcoin and gold have similar monetary properties and can be used for daily payments or as a store of value.
4)Bitcoin can also perform the function of "world currency" and anchor global assets.
1. The issuance of Bitcoin is controlled by algorithm, tamper-proof and fair to all participants. No cheat is allowed;
2. No single force can control Bitcoin, and the release and operation of Bitcoin is completely decentralized;
3. The launch of Bitcoin belongs to POW mechanism, which requires mining machines and electricity;
4. The difficulty of Bitcoin mining can alter automatically conforming with the changes in hashrate;
5. The total amount of Bitcoin is limited, effectively avoiding over-issuance and inflation.
- firstly, consensus is reached among Bitcoin believers,
- and then step by step this consensus penetrates different countries and central banks,
- and finally it'll be accepted by everyone.
- Some of us regard Bitcoin as a technology and blockchain emerged based on Bitcoin;
- some deem it as a currency for payment in economic life;
- some treat it as an asset for storage to lift the amount of wealth;
- some think it a speculation to make money in a fast way.