Want to Eliminate Bitcoin ??? Turn off Internet Worldwide
Currency crypto or cryptocurrency including bitcoin late last year recorded a very high value movement. However entering early 2018 bitcoin value decreased, but bitcoin remains the crypto currency that has the highest market capitalization.
CEO Bitcoin explains the bitcoins connected to the entire block or blockchain chain in the world. Therefore, to turn off bitcoin takes extra effort ie shut down the entire internet network in the world.
"One way to turn off bitcoin, turn off all the internet around the world.Although one server in the network is alive, then bitcoin will remain active"
Currently bitcoin is claimed as a digital asset and can not be used as a means of payment to replace the official currency worldwide.
"I agree with the World Bank's view that cryptocurrency can not be used as a means of payment because there is a Currency Act, a transaction is required to use official currency,"
Currently bitcoin remains in demand a number of groups who are pursuing profits. Because bitcoin prices had soared to touch US $ 18,900 per chip when in 2011 and the value of bitcoin only about US $ 10.
Bitcoin can be likened to commodities and not as a means of payment.
For this digital asset, Japan is one of the countries whose financial authorities have regulated this cryptocurrency trading market. It aims to monitor the actions of money laundering and terrorism financing.