The market value of Bitcoin has exceeded 1 trillion. What's the secret behind Musk's heavy investment?

In 20021year, the market value of bitcoin has exceeded 1000 billion dollars. There seems to be too many incomprehensible things behind this thing that makes the world crazy.

Even who is Satoshi Nakamoto, the inventor of Bitcoin algorithm? It is still a world-class unsolved mystery. Money circles and hackers all over the world are looking for him, but no one can find him because he has never appeared in the public eye.

It is estimated that there are about 100 ~ 165438+ million bitcoins in Satoshi Nakamoto Bitcoin wallet, and everyone is staring at this wallet. Strangely, this wallet has never used Bitcoin since its appearance, which means that there is such a person in the world who does nothing but may be the richest man in the world at any time.

Many people get rich overnight because of Bitcoin, such as Li Xiaolai in China. However, in the history of Bitcoin, there have also been the biggest unlucky people. Compared with him, your misery is not tragic.

20 10 on may 22nd, a programmer named laszlo Hanyez bought two pizzas with 10000 bitcoins, and the first bitcoin transaction in the real world was born. With the rising value of bitcoin, the theoretical value of that pizza is becoming more and more expensive. According to the current price, it is equivalent to 500 million dollars, or 3.245 billion yuan to buy two pizzas. I wonder what programmers think now?

On February 202 1, 2 1 day, the market value of a Baba was 7 149 billion dollars, and the market value of a news was 924.2 billion dollars. On that day, a single bitcoin was $56,590, with a total market value exceeding124.5 billion. At present, the market value ranks only in Apple, Saudi Arabia and May, Microsoft and May.

Having said that, everyone can't believe that something without collateral, something with a value of 0, something that has never even appeared in the physical world, is not only owned by American financial institutions in large quantities, but also bought by Musk, the world's richest man, and is allowed to be used as Tesla's payment currency.

Recently, many states in the United States have allowed to try to trade wages as legal tender, which makes people think deeply about the madness of the world and the accelerated virtualization of world finance. An algorithm that does not exist in the real world is worth trillions of dollars.

On June 365438+1October 3 1 day, 2008, the account named Satoshi Nakamoto brought the concept of bitcoin to the world for the first time in a secret forum cryptography discussion group, and explained the concept of cryptocurrency with a document, which was not issued by the central bank or an authoritative organization and allowed transactions between two anonymous people.

From mid-June, 5438+October, 2009 10, Satoshi Nakamoto released the earliest version of the open source client on the cryptography mailing list. Anyone can participate in bitcoin activities and distribute them through a computer operation called "mining".

The principle of bitcoin has been well known by many people, that is, no longer popular science, and then look down.

In the early days, too many people dug up a lot of bitcoin, but forgot the key because the value was too low at that time. Therefore, the actual total number of bitcoins in circulation in the future will be far below 2 1 10,000, and the total number of bitcoins has an upper limit and cannot be exceeded, which causes its natural attribute: there is no inflation problem, and it will only become scarcer and scarcer.

Bitcoin uses blockchain technology to realize value storage and trading. You don't need to know what a blockchain is. It can be simply understood as an open electronic account book. For example, in the early days, everyone went to the big screen in the stock hall of the exchange, and everyone stood in front. Any changes in the stock price and the number of pens are broadcast synchronously throughout the system.

No matter the people in the exchange lobby or the Shanghai Stock Exchange thousands of miles away, the system playback speed in the Shenzhen Stock Exchange lobby is open and synchronous, and everyone can view and join, that is, no one can operate behind the scenes, tamper with data or interfere with the system operation in any way.

Let's take a look at the bitcoin private key, which is the principle of private password generation. When you flip a coin with a face-up of 1 and a face-up of 0 for 256 consecutive times, the result is converted into a number 16, which is the key to the next bitcoin.

In other words, the essence of Bitcoin private key is a 256-bit binary number. You can crack it with an ordinary computer. Does it sound ordinary? The average math teacher who can think like this is crying in the toilet. The 256th power of 2 is equivalent to the 32nd power of 8 multiplied by 2, and the 32nd power of 2 is about 4 billion. It's 4 billion, 4 billion, 4 billion, 4 billion, 4 billion times 4 billion.

Let's just say that even the fastest quantum computer can't crack the private key of Bitcoin, so if you are the holder of Bitcoin, remember never to forget your private key.

Bitcoin has intrinsic value because of its monetary nature in absolute security and the fact that you can carry millions or even hundreds of millions of dollars in your brain as long as you remember a string of keys without any restrictions.

Next, let's talk about another important intrinsic value of Bitcoin: liquidity and unsupervised, which is what we call decentralization.

Bitcoin uses a private key as a digital signature, allowing individuals to pay directly to others. Just like cash, it does not need to go through the bank settlement center or the electronic payment platform of securities firms, and the most important thing is the third-party institution that does not go through the national financial supervision system. In the transaction process, problems such as complicated handling fees, taxes and fees, and state supervision of funds were avoided.

Any user with internet connection can use decentralization, which can be described in four words: the world has no right.

Imagine how chaotic a society would be without laws and the rule of law. On the capital level, what kind of benefits does Bitcoin represent? Since its birth, financial capital has been profiting from the pursuit of liquidity. It naturally hopes that without foreign exchange control and financial supervision, capital can flow without borders and even participate in any shady but high-interest investment. Therefore, financial capital must be expected to go to the government and get rid of government supervision. The more convenient and free the liquidity of financial capital, the more convenient it is for financial consortia to make profits, which is contrary to the fundamental interests of most countries.

Issuing legal tender and controlling legal tender are the core interests that every sovereign country needs and must master.

Many big countries, such as China, don't legally recognize the currency attribute of Bitcoin, but several countries in the world are gradually trying to accept the legalization of Bitcoin, that is, very few countries represented by the West and the United States. Why does the United States support Bitcoin?

Some netizens said that Musk is now supporting the decentralization of the US dollar. In fact, he is betting that the dollar will once again gain blockchain hegemony.

Some netizens also said: Musk, the world's richest man, has personally stood for Bitcoin. Does it mean that it is of great investment value? This is a typical leek thinking, and then look down.

When Musk announced his entry into Bitcoin on February 8, he announced that he had purchased $65.438+0.5 billion in Bitcoin. Obviously, the bitcoin he holds should be far more than $65.438+0.5 billion. In less than two weeks, Bitcoin became $38,000, rose to $56,000, and earned $65.438 billion. Isn't this better than building a car? Do you criticize yourself every day for investing $65.438 billion in products?

Obviously, with the title of "the richest man in the world" and "the global leader in science and technology" and the soaring capital in his hands in the past year, it is easy to drive up the value of virtual currency.

No one will violate money. Other capitals are naturally ready to carry sedan chairs, and when these big capitals feel that the bubble is too big in the short term, it is time to harvest and sell a large number of leeks this year.

Bitcoin, a thing with no collateral and a value of 0, will be worth trillions.

Satoshi Nakamoto, a "person" who can't find the global hacking ability.

Bitcoin is an invisible tool to harvest the world's wealth and a trading tool in the darkest world in the world. Who is the invisible hand to manipulate bitcoin?

Please tell your answer in the comments section.