The advancement of Internet technology has indeed brought more and more conveniences to human society, but at the same time, it also has many disadvantages. For example, everyone knows that WeChat, a chat tool, can also be used for payment, and only requires a bank card. Nowadays, many people have some habits in their lives. They put the red envelopes or transfers received in their change instead of withdrawing it to their bank cards. So is it really safe to put it here? What if the account is banned someday? WeChat went bankrupt? Or have funds been lost? A series of questions followed.

So what exactly is blockchain? Simply put, blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms. It can solve the problems of distrust and centralization caused by the Internet in transactions. At the same time, the digital currency derived from the underlying technology of blockchain provides new possibilities for currency reform.

For example, Bitcoin, as the first truly encrypted digital currency, is essentially nothing more than hash value data calculated according to a fixed algorithm, but its value has been undergoing earth-shaking changes. The development of digital currency has been nearly 10 years now, and its value has increased millions of times. So the editor here has a question for everyone, can you hold Bitcoin for 10 years or 20 years? Have it? There will definitely be people, but only a few people, just like there are always a few people who can climb to the top of the pyramid in this world.

There are also some people who do not have the basic cognitive ability of blockchain and cannot understand the forward-looking and broad future of blockchain and digital currency. Don't tell me that you can get it in 10 years, or even in one day. Just like the huanghuali furniture that was smashed decades ago, the people who collected it at that time eventually became rich people and collectors, but who could have this basic understanding at that time?

This is why others can get rich suddenly, but you can't, because you have no knowledge, you don't understand, and you don't know, so you panic and you are afraid of being cut off by the banker. But it’s not a terrible thing to lose money when investing in any forward-looking industry. What’s terrible is that you lose money but don’t know why, and you only blame the problem on external reasons?