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What is the initial issue price of Bitcoin?
The time when we can find the recorded price of Bitcoin is June 5438+1October 5, 2009. A user named "New Freedom Standard" published a calculation method of bitcoin price in an early forum of bitcoin. He believes that the value calculation method of a bitcoin should be calculated as follows:

The average power required for a computer to run for one year is 133 1.5 dw/h, multiplied by the average electricity consumption cost of American residents in the previous year, 0. 1 136 USD, divided by 12 months, divided by the number of bitcoins generated in the past 30 days, and the final result is divided by.

The user named "New Freedom Standard" also suggested that people need a website that can trade bitcoin with real money. This suggestion was supported by the founder of the forum, who gave him 5050 bitcoins and paid the moderator $5.02 online. This is the earliest recorded bitcoin price.

It's 20 10. On May 22nd, a Florida programmer named Laszlo Hanyes posted on the forum and said, I want to exchange 10000 bitcoin for pizza. As a result, someone really took out two $25 worth of Papa John's pizza coupons and exchanged them with him. This transaction gave birth to the first fair price in the bitcoin world.

Bitcoin is a virtual encrypted digital currency without an issuer. Bitcoin is one of the applications of blockchain. Bitcoin transactions will form a chain of transaction records, and the connections between different blocks will form a blockchain. Bitcoin is essentially an encrypted block of information. Because there is no generally recognized issuing official, Bitcoin is not the official currency of a certain country, nor is it the currency recognized by all countries.

The origin of bitcoin:

The original inventor of Bitcoin was a man named Satoshi Nakamoto. In 2008, he published a research report: Bitcoin: a peer-to-peer electronic cash system. In this report, he put forward the concept of bit, and then developed a related development and operation management system for Bitcoin.

Now all the bitcoins are obtained by "mining" in the bitcoin system originally established in Satoshi Nakamoto.

Characteristics of Bitcoin:

Bitcoin is different from electronic money. The traditional electronic money is the digitalization of paper money, and digital currency and paper money must be in one-to-one correspondence. Although Bitcoin is called digital currency, there is no necessary connection between Bitcoin and real paper money. Bitcoin is a virtual digital currency without an issuer, which is decentralized and has no third-party management organization. Obtaining bitcoin through "mining" is actually through computer calculation, and finally the "key" of bitcoin and the encrypted information of bitcoin are obtained, thus obtaining the ownership of bitcoin.

Since bitcoin can be regarded as a formula solution, bitcoin is not issued indefinitely, and the final number of bitcoins can only be 2 1 million. Whoever holds it now depends on who counts first.

Due to the design characteristics of Bitcoin itself, Bitcoin has the ability of anti-counterfeiting and repeated payment, and the tamper can't tamper with the transaction information of Bitcoin casually, so it also has good anti-counterfeiting ability.

However, Bitcoin is not a very magical "currency". In the final analysis, bitcoin is just an encrypted block of information, which is actually of little value. The value on the network is obtained through mutual speculation, and its essence is not supported by the corresponding real economy. Correspondingly, not all places support Bitcoin. For example, in China, we don't support the "mining" and trading activities of Bitcoin, and these activities of participating in Bitcoin have been stopped. We can't rely on the so-called "value" circulating on the Internet to invest our energy.