三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Industries

Digital currency bitcoin gains virtual interest

By Wu Yiyao in Shanghai | China Daily | Updated: 2013-06-03 08:09

Digital currency bitcoin gains virtual interest

A pile of newly minted bitcoins arranged for a photograph in Sandy, Utah, in the United States. Created four years ago by a person or group using the name Satoshi Nakamoto, bitcoins are a virtual currency that can be used to buy and sell a broad range of items - from cupcakes to electronics. People can also pay with bitcoins in various coffee shops, phone and computer stores and bookstores in big Chinese cities including Beijing and Shanghai. [Provided to China Daily]

Bitcoins increase in popularity but reservations held in some quarters

While the debate over whether the 4-year-old bitcoin is a revolutionary invention or a Ponzi scheme rages, some people have already used them to buy real things and appreciate the smooth and fast transaction process.

"When you use the bitcoin payment system, it's like an online payment but it's more convenient," said Shen Yu, a 23-year-old postgraduate student who is majoring in telecommunications at a university in Beijing.

With 20 bitcoins, worth 6,000 yuan ($979) at the time of payment, Shen bought a laptop from an e-commerce platform in the United States.

"When you pay with bitcoins, the transaction is fast and you don't need a foreign currency credit card such as MasterCard or Visa, which is usually required by websites that do not accept bitcoin payments," said Shen.

Most of those involved in the trading of bitcoins, known as bitcoiners, are students and information technology professionals. They favor transactions using bitcoins because they can't be bothered using complicated online payments or with currency exchanges, said Shen. Digital currency bitcoin gains virtual interest

In China, acceptance of bitcoins as something valuable first became known to the public when holders of the digital currency donated the coins to the e-wallet account for the victims of the Sichuan Ya'an earthquake. In China, some online retailers selling products ranging from three yuan phone cases to 1,000 yuan ($163) bedding announced that they would accept payment using bitcoins. People can also pay with bitcoins in various coffee shops, phone and computer stores and bookstores in Beijing and Shanghai.

Shen's 200 bitcoins were earned through "

Bitcoiners make money, or bitcoins by laboring, which is setting up a better environment for the bitcoin society through the Internet, said Shen.

Bitcoin.org, one of the most viewed websites for bitcoiners, says the currency has no intrinsic value, no real world counterpart, no guaranteed exchange rate and is not backed by precious metals. Transactions involving bitcoins rely on the good faith and credit of the issuing authority.

Although critics say the "mining" process is virtual labor and is not productive for the real world in any way, bitcoiners see it as equivalent to the real labor of constructing the infrastructure for a currency system in the real world.

"Why do banks charge fees when you transfer money or withdraw cash and exchange currencies? Because certain infrastructures are used that cost money and when we conduct mining, we are contributing to the safety and smoothness of transactions involving bitcoins, which deserves a reward in the form of bitcoins," said Shen.

For Chang Jia, the pen name of a science fiction writer who prefers not to reveal his real name, bitcoins have already established their position as a digital currency and have been accepted in many countries.

Chang sold 10 copies of his latest piece of fiction and received a total of 0.7 of a bitcoin, about 400 yuan, based on the exchange rate on May 7.

The income is just a tiny part of Chang's bitcoin deposits, which amount to about 2,000 and could have been sold for 4 million yuan when the exchange rate was at its peak.

Digital currency bitcoin gains virtual interest

Critics say the "mining" process is virtual labor and is not productive for the real world in any way, but bitcoiners see it as equivalent to the real labor of constructing the infrastructure for a currency system in the real world. [Provided to China Daily]

Fluctuation in value

Most of the coins were traded from "miners", the bitcoiners who earned the digital currency through "mining", said Chang, at quite a cheap price when the exchange rate was really low because the business had just started in China.

Previous 1 2 3 Next

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 成人影院欧美大片免费看 | 亚洲精品视频在线 | 久久国产成人精品国产成人亚洲 | 国产在线每日更新 | 黄色片免费在线看 | 日韩欧美在线一区二区三区 | 亚洲精品成人一区 | 最新avtom永久地址免费 | 国产精品福利在线观看免费不卡 | 久久久不卡国产精品一区二区 | 色拍拍在线精品视频在线观看 | 国产区精品在线 | 欧美精欧美乱码一二三四区 | 免费看黄色的网站 | 91精品久久一区二区三区 | 免费一级欧美片片线观看 | 欧美日韩国产亚洲一区二区 | 年轻人免费看的高清www | 久久精品国产69国产精品亚洲 | 亚洲人成高清毛片 | 日本黄在线 | 综合视频网 | 久久国产首页 | 久久91亚洲人成电影网站 | 亚洲国产精品久久 | 91探花在线视频 | 国产精品一区二区国产 | jizz成熟丰满中文字幕 | 涩涩涩久久 | 国产精品99久久久 | 欧美人与鲁交大毛片免费 | 亚洲一区二区三区在线观看蜜桃 | 久久国产精品国产自线拍免费 | 久久久不卡国产精品一区二区 | 午夜黄色一级片 | 久久精品色| 日韩视频在线观看视频 | 成人免费视频视频在线不卡 | 一级做a爱过程免费视频日本 | 国产在线观看网址在线视频 | 黄色大片影院视频免费 |