For the economic zone of Bitcoin to be established, the original accumulation of capital must have been made in the same way that the original accumulation of capital had to be made for the establishment of a capitalist economy. In this respect, Bitcoin seems to be a well-designed virtual currency.
In other words, 21 million Bitcoin will be issued by 2040, and the issue will stop there, but this process is the original accumulation. However, in the case of capitalism, it was based on the capital accumulation formed in the economic activities of the previous stage, but in the case of Bitcoin, Bitcoin itself is a reward for intellectual activities that contribute to the maintenance and development of Bitcoin.
The difference is that is created and accumulated with this unique mechanism, economic incentives must be materialized as attractiveness as a currency value, so we had to assume a favorable exchange rate of bitcoin to the currency from the beginning, and for that reason, huge speculative funds It needed an inflow. Therefore, at this stage, Bitcoin is a speculative target.
However, it cannot be overlooked that there is a highly intelligent activity on the other side of speculation.
If the Bitcoin economic zone is established on top of this accumulation of intellectual capital, the value of Bitcoin will be established. This is also true for all other virtual currencies with different structures, and unless there is some initial accumulation, it is impossible to build an economic zone on it, and that initial accumulation depends on some highly intelligent work. It is considered to be.
What kind of economy is unique to virtual currency, not just bitcoin?
They have no idea at all, but at least in the economic zone, he gets income with virtual currency, consumes it with virtual currency, borrows with virtual currency, makes the capital investment with virtual currency, manufactures with virtual currency, virtual There must be such a large, self-contained, internally circulating digital economy that sells in currencies and pays in virtual currencies. You can use thelibrasoftware.comfor online trading.
Or it could mean that there are many, many different, small digital economies in the ordinary monetary economy. For example, if you are in a car on a lease, you are working at some workplace, you are enjoying some game, only those periods are completed with virtual currency, just, There will be special economic zones of various countries all over Japan, where the currencies of each country will be used.
Bitcoin is the first virtual currency invented in the world in 2009 and is a synonym for virtual currency. The rise in prices in 2017 has become a hot topic, raising general awareness. There are also stores where you can make a Bitcoin payment when you shop.
Ripple is a virtual currency born in 2012. It is also attracting attention because it is funded by major companies such as Google. Originally said to have been developed to enhance the convenience of international remittance, it became a hot topic as a major financial institution announced that it would utilize Ripple.
On the other hand, you should not underestimate the role that Bitcoins will play in the future. The Columbus voyage changed the situation in the Americas where it arrived, but at the same time, it changed European society. Bitcoins will play the same role in the existing financial world.
The world government is needed to regulate bitcoins, which are stateless currencies, but it is a dream story. Even if countries try hard to regulate transactions, they will not be able to close the hole. If the world's attention is paid to this much, it may be a self-fulfilling prophecy
Recently, "virtual currencies" such as Bitcoin are attracting attention from investors. However, virtual currency is still unfamiliar to the general public. Even if we look around the stores we usually use, there are few places where virtual currencies such as Bitcoin can be used for payment.
So why is a virtual currency so much attention?
This time, we will explain the characteristics, advantages, and disadvantages of virtual currency. Knowing cryptocurrencies has the potential to create your new assets.
