The introduction of bitcoin is actually a lot, but many people may still find it difficult to understand, in fact, bitcoin is just a combination of a distributed accounting system and a set of encryption algorithms.

Each bitcoin has a public key and a private key. Public key everyone can use it, you can see the entire bitcoin system books, you can see any account changes inside, such as an account to another account to a bitcoin, all who have a public key Can see. However, as long as the owner of the account is not open, no one knows who the account is, and who does not know who the pouch is in. Only personal keys can be used to operate the account.

Moreover, the encryption algorithm also ensures that the maximum amount of bitcoin is only 21 million (of which, 1 million of which Satin holds), which in fact is the password of 21 million sets, so bitcoin is strictly scarcity , More scarce than gold and diamonds, which effectively avoided inflation.

If the economy remains stable, its future value increases are very secure. This is why I suggest you buy bitcoin if you invest in a long term in 2016. Moreover, each transaction of bitcoin is recorded in a distributed ledger so that it does not require an intermediary and is not afraid of being tampered with, so bitcoin is also considered the world's first mature digital currency system.