Chinese government also intends to create its own virtual currency!

Bitcoin's history and importance, how much do you know? The Chinese government also intends to create its own virtual currency!

Today when I explain Steemit to my friends and family, they are unbelievable. And asked me how could there be such a good thing? I gave a rough explanation of Steemit's operation. When I said Steemit in the Steem is similar to Bitcoin a virtual currency, they asked me Steem promising? I have to explain from this time Bitcoin, but I found that I have little knowledge of Bitcoin. So, then I was a moment of poor words to do, had to come back to find information. However, I get the information so I understand a lot of things, so I think it is important, we must let everyone understand.

Tell me that Bitcoin does not affect you because Bitcoin will affect the value of Steem and Steem Dollar, in other words, the income that affects your wallet and your post!

Bitcoin, also known as Bitcoin, was released in 2009 with a value of 0.0001Usd and burst into red in December 2013, and suddenly rose to $ 1,000 and continued to grow to $ 2,500 today. In fact, we must be grateful for Bitcoin, because it exists, creating 800 kinds of virtual coins, including Steem and Steem Dollar, the introduction of more than $ 40 billion in virtual currency market.

Looking back 2009, Bitcoin is the first virtual currency, is also the originator of virtual currency, accounting for 100% of the virtual currency market. However, today its market share is only 41.6%
Let us generally understand the list of virtual currency, the second is the virtual currency is Ethereum.

It was released in 2015, it is actually let developers build and distribute management applications, but the platform itself to issue their own currency, known as Ether, is now a virtual currency, now the market value of $ 2.57 billion.
The third of the virtual currency is Ripple

It is a virtual currency issued by the United States and accepted and used by Bank of America and now has a market capitalization of $ 1.05 billion.
The fourth of the virtual currency is Litecoin.

It was released in 2011 and its benefits were four times faster than Bitcoin's transaction confirmation, but it still faced some minor difficulties and now has a market capitalization of $ 210 million.
"" Come on! The The
Chinese government will issue China's virtual currency in the near future! This virtual coin will use the red hair grandpa as a pillar, without fear! If the Chinese virtual currency issue, I will invest!

Let us discuss the benefits of virtual money in China.

1. can reduce the cost of the transaction. (International trade)
2. can make the mountain or not close to the bank people (do not have to go to the bank to raise money)
3. can reduce corruption, because you can thoroughly check the transaction records (learn more and more will tiger!)

In addition to China intends to issue their own virtual currency, Russia recently plans to issue Oh! It seems that we have to see the red hair grandfather will be more and more difficult, good to cherish Oh!

Well, I'll put it on here. Like my post, please upvote!
Welcome all types of messages.

Follow me for future posts.