The glory and dream of the bigwigs in the currency circle (IV)

Currency is centralized, and the right to print money is in the hands of the state.

Currency is decentralized, and the right to print money is in the hands of capitalists.

On December 5, 2013, the central bank and five ministries jointly issued the "Notice on Preventing Bitcoin Risks", which clarified the nature of Bitcoin, believing that Bitcoin is not issued by the monetary authority, does not have monetary attributes such as legal compensation and compulsion, and is not a real currency. From the nature of Bitcoin, it is a specific virtual commodity that does not have the same legal status as currency and cannot and should not be circulated and used as currency in the market.

At the same time, in view of the high speculation risk, money laundering risk and the risk of being exploited by criminals, Bitcoin service agencies are included in anti-money laundering supervision, and Bitcoin websites need to be real-name registered, and Bitcoin ushers in the "real-name system" era.

One day in the currency circle is one year in the human world.

This is the first official statement of China after nearly a year of wild growth of Bitcoin. After the "Notice" was issued, the price of Bitcoin fell sharply, and the market entered a long bear market.

In the cold winter of cryptocurrency, some people chose to get out, some chose to stick with it, and some chose to "all in".

Canadian Chinese Zhao Changpeng first heard about cryptocurrency at the poker table. After learning about it, he resolutely sold his property in Shanghai and invested all the proceeds in Bitcoin.