久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Opinion / Op-Ed Contributors

Beware of the baneful Bitcoin bug

By John Coulter (China Daily) Updated: 2013-11-29 07:02

Some people have been bitten by the Bitcoin bug, bidding up its value to above $1,000 for just one invisible "coin". Others have been bitten by scams, losing real money they paid only to be "hacked".

The digital currency seems mysterious to a newcomer and yet most impressive when a serious business dinner ends with payment to the waiter with a casual brush of a smart phone. The former tradition of a comical pretense of who pays the bill, with grabbing of wrists and fumbling for cash or card, has given way to an aura of awe as a new avant-garde era makes being generous look cool.

Beware of the baneful Bitcoin bug

China now transacts half of the global Bitcoin volume and is a leader in pushing up the exchange rate. A schoolteacher cum computer geek named Li Xiao who signed up at the outset five years ago now has Bitcoins worth millions of US dollars. It's time for those not in the know to understand this new phenomenon.

Barter trading began with cavemen. "Money" allows flexibility, tokens, metals and paper. The global financial crisis of 2008 is said to have been "resolved" not with the physical printing of more currency notes, as depicted in news stories, but simply through computer clicks, now ratcheting up $85 billion a month out of the US Federal Reserve.

It is no coincidence that small groups of computer geeks found 2008 the right time to introduce a virtual currency. Bitcoins are not backed by any asset and exist only in the networks of computers. They are dependent on "believers" prepared to pay conventional currency so that they can transact across borders and without any government regulation.

Like the rise of the stock market in Europe centuries ago, the first traders knew and respected each other. The camaraderie was not, as in Britain, from an "Old Boy" network of elite schools, but through exchange and development of cipher-technology, evolving into software language that was meant to guarantee security.

Ironically, but perhaps not surprisingly, though, individuals were proud of their independence and freedom. "Cyphering" was standardized through involvement and imprimatur of the US National Security Agency. The concept of secure exchange had been around for 20 years but the global financial crisis and the exposure of the weakness and further weakening of the dollar encouraged the launch of Bitcoin among cypher experts. Like the British Old Boys of the past, "shares" were traded only among those known, trusted and respected. Despite being strung around the world and possibly never meeting, their interaction on their core interests verified commitment.

Previous Page 1 2 Next Page

Most Viewed Today's Top News
New type of urbanization is in the details
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    日本在线不卡一区| 国产一区视频在线看| 欧美日韩美少妇| 日韩高清在线一区| 久久丝袜美腿综合| www.亚洲色图.com| 亚洲一区视频在线观看视频| 日韩欧美黄色影院| 成人激情综合网站| 亚洲一区二区影院| 精品国产91洋老外米糕| 成人高清在线视频| 亚洲成人1区2区| 精品国产凹凸成av人导航| 99久免费精品视频在线观看| 亚洲国产一二三| 精品99久久久久久| 91麻豆视频网站| 蜜桃传媒麻豆第一区在线观看| 日本一区二区免费在线| 色94色欧美sute亚洲线路二| 日韩国产一区二| 中文字幕av免费专区久久| 欧美系列日韩一区| 国产精品77777竹菊影视小说| 亚洲欧美国产高清| 欧美一卡二卡三卡四卡| 成av人片一区二区| 91在线视频播放地址| 午夜视频在线观看一区二区| 久久久久久亚洲综合影院红桃| 色域天天综合网| 久久电影网站中文字幕| 亚洲精品写真福利| 日韩精品一区二区三区中文精品 | 日韩和的一区二区| 欧美激情中文字幕一区二区| 欧美日韩亚洲丝袜制服| 国产福利不卡视频| 日韩在线观看一区二区| 国产精品久久久久四虎| 欧美一区二区播放| 91麻豆精品秘密| 国产一区二区三区观看| 亚洲第一综合色| 国产精品女主播av| 日韩欧美自拍偷拍| 91黄色在线观看| 成人免费黄色大片| 蜜桃传媒麻豆第一区在线观看| 亚洲蜜臀av乱码久久精品| 久久你懂得1024| 91麻豆精品国产91久久久资源速度| 成人avav影音| 久久99久久99精品免视看婷婷| 亚洲一区视频在线观看视频| 国产精品无遮挡| 日韩片之四级片| 欧美日韩国产片| 色视频欧美一区二区三区| 国产成a人亚洲精品| 日韩成人精品在线观看| 亚洲一区二区三区在线| 国产精品国产三级国产普通话三级 | 欧美三级日本三级少妇99| 懂色中文一区二区在线播放| 美女脱光内衣内裤视频久久网站 | 日韩精品一区第一页| 亚洲免费观看在线视频| 国产欧美日韩在线看| 精品久久久久久久久久久院品网 | 色综合久久久久综合| 成人一区二区三区在线观看| 久久99国产精品尤物| 日本成人在线电影网| 亚洲成av人片一区二区梦乃| 亚洲激情在线播放| 亚洲欧洲国产日韩| 国产精品久久精品日日| 久久精品一区四区| 亚洲精品一区二区精华| 欧美大黄免费观看| 日韩精品一区二区三区swag | 图片区小说区国产精品视频| 国产精品福利影院| 国产精品妹子av| 欧美激情一区二区三区蜜桃视频| 久久久精品蜜桃| 久久亚洲精精品中文字幕早川悠里 | 一区二区三区不卡视频 | 亚洲第一二三四区| 亚洲国产日韩精品| 亚洲成人午夜影院| 亚洲va欧美va国产va天堂影院| 亚洲国产另类av| 亚洲综合网站在线观看| 亚洲一区在线观看视频| 亚洲午夜影视影院在线观看| 亚洲成人黄色影院| 午夜国产精品一区| 日本不卡一区二区| 蓝色福利精品导航| 蓝色福利精品导航| 国产乱码精品一区二区三区忘忧草| 国产一区欧美二区| 国产福利不卡视频| 波多野结衣亚洲| 色婷婷综合久久久久中文一区二区 | 日本美女视频一区二区| 日韩av中文在线观看| 蜜臀av性久久久久蜜臀av麻豆 | 麻豆成人91精品二区三区| 久久 天天综合| 国产一二精品视频| 成人自拍视频在线| 色一情一乱一乱一91av| 欧美视频第二页| 91精品在线免费| 欧美xxxxxxxx| 欧美激情一区二区在线| 亚洲欧美偷拍三级| 亚洲一区av在线| 秋霞电影网一区二区| 国产一区二区三区高清播放| 岛国精品一区二区| 91黄色免费网站| 欧美精品在线观看一区二区| 欧美成人激情免费网| 国产精品网站在线| 亚洲一区在线播放| 理论片日本一区| 国产不卡在线播放| 在线中文字幕一区二区| 日韩一区二区三区高清免费看看| 久久综合久久综合亚洲| 中文字幕在线一区| 亚洲国产精品久久久久秋霞影院 | 色噜噜久久综合| 91精品国产91综合久久蜜臀| xvideos.蜜桃一区二区| 自拍偷拍欧美激情| 日韩成人dvd| 国产99久久久国产精品潘金| 一本到一区二区三区| 日韩一二在线观看| 国产精品视频免费看| 亚洲一卡二卡三卡四卡无卡久久| 欧美三级一区二区| 日韩欧美国产三级电影视频| 国产精品久久久久天堂| 午夜欧美一区二区三区在线播放| 国产一区二区导航在线播放| 99久久99久久免费精品蜜臀| 欧美精品在线观看播放| 国产精品私人影院| 午夜精品久久久久久久99水蜜桃| 国产精选一区二区三区| 在线观看不卡一区| 久久夜色精品一区| 亚洲国产精品精华液网站| 国产专区综合网| 欧美性猛交xxxx乱大交退制版| 久久婷婷久久一区二区三区| 伊人开心综合网| 国产一区二区三区高清播放| 欧美色视频一区| 中文字幕精品综合| 日韩成人伦理电影在线观看| av在线不卡免费看| 欧美mv和日韩mv国产网站| 樱花草国产18久久久久| 国内不卡的二区三区中文字幕| 在线观看一区不卡| 国产亚洲精品aa| 日本欧美肥老太交大片| 97久久超碰国产精品电影| www久久久久| 视频在线观看国产精品| www.日本不卡| 欧美zozozo| 午夜久久久久久久久久一区二区| 国产91高潮流白浆在线麻豆 | 亚洲国产另类精品专区| 成人久久久精品乱码一区二区三区| 欧美一级专区免费大片| 一区二区三区在线观看国产| 丰满岳乱妇一区二区三区| 欧美电影免费观看高清完整版在线 | 久久久www免费人成精品| 爽好久久久欧美精品| 91麻豆精品一区二区三区| 国产清纯美女被跳蛋高潮一区二区久久w| 性欧美大战久久久久久久久| 色综合网站在线| 欧美国产精品久久| 久久国内精品视频| 欧美高清www午色夜在线视频| 亚洲精品中文在线观看| 成人午夜短视频| 精品国产乱码91久久久久久网站|