Bitcoin, as a representative forerunner of digital currencies, is created from the marriage of blockchain and distributed ledger, both of which can increase system stability and safety.Since it's appearance, the price has gone up several orders of magnitude. Those proponents are wishing Bitcoin could become a global currency. Will their dream come true?
Absolutely not! On one inspect, it cannot afford the gigantic utility bills for the computing power,which leading to authority out-off-balance, as a result that the system is controlled by a small number of groups who have enough power. On the other side, Bitcoin's use is limited. It is not real money and lacks of real-world assets or the promises from any government.What has no value can have any price.
While the innovation also storms the financial policies of government Reserve, who is used to keep conservative to sacrifice the profits of the most poor-guys. The central banks are discussing the possibility of their currency digital and recording purchases directly on a ledger.
Will the behavior like "none or all" from government really open the Pandora's Box?
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