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The specific bityuan explanation is as follows:
1, Bityuan(bityuan.com) is similar to Bitcoin, and it is an encrypted electronic currency circulating on the Internet. Because the US dollar and other currencies issued with national credit are constantly depreciating, people are worried about the national debt crisis, bank failures and the collapse of the US dollar. Some people choose non-state-issued electronic money as electronic gold to preserve their value. Bitcoin has increased tens of thousands of times from the initial few cents to thousands of dollars. Its legal status has been recognized in Switzerland, Singapore and California, and has been accepted by many enterprises and businesses (Dell, paypal). The government of China does not consider Bitcoin as a currency, but recognizes that ordinary people have the right to buy and sell freely.
2. Both the US dollar and RMB have depreciated by dozens of times. Every household 30 years ago now has food and clothing problems. Bits may be an ideal way to store value. If you invest a few hundred dollars, you may lose money. Maybe you will be sought after by the people like bitcoin, with an increase of tens of thousands of times. Now there are few news reports and low prices, which is a low-risk opportunity to cut in.
3. The popularization and application of Bitcoin, including shopping malls and international exchange, are developing.
4.Bityuan is an electronic money collection and payment system similar to Alipay or Tenpay, but it does not belong to any company. This is an open system. Anyone and any enterprise can use Bityuan wallet to collect and pay money, because there is no monopoly and almost no cost, which can greatly reduce the collection and payment expenses, especially the transnational remittance expenses, and can be used for telephone recharge, ticket purchase, hotel reservation, shopping and so on.
The winning rate of lottery is very low, but if Bityuan succeeds, everyone wins the grand prize.
6. Bitcoin technology is as great an invention as the Internet. Venture capitalists such as Li Ka-shing and Yang Zhiyuan have invested hundreds of millions of dollars in the bitcoin industry. The Internet has broken the information monopoly, and Bitcoin will break the financial monopoly. 10 and 20 years, the bitcoin industry will also produce great companies like Google and Alibaba, and missed an opportunity. Should we learn more and see if we can seize this opportunity?
7. Bitcoin wallet has the function of anti-theft recovery and inheritance, and has passed the preliminary examination in China National Intellectual Property Administration. It also uses POS mode to generate coins for environmental protection mining, which has surpassed Bitcoin in function.
8.Bits implements multi-signature and bank real-name authentication, which reduces the possibility of using Bits for gambling, drugs, money laundering and other illegal and criminal activities, while keeping some anonymous wallets for emergencies.
9. Bite is ready for ground promotion and international promotion, and has become an international folk currency.
10, Bitcoin not only greatly improves its security, but also prepares to develop legal currency equivalents such as Bitcoin dollar and Bitcoin RMB, which will greatly improve the utilization rate of virtual currency.