Economics commentator: virtual currency deposit fraud risk bitcoin or become a collection of encryption currency

Economics commentator: virtual currency deposit fraud risk bitcoin or become a collection of encryption currency

Economics commentator Pan said: many of the market’s virtual currency universal shortcomings can be faked, and that the virtual currency has the disadvantage, even speculators are reluctant to sought after.

He said: virtual currency is a common currency in the virtual space, such as the game currency is one of them. Without encryption processing of virtual currency fraud is difficult to counterfeit “millionaire” game money more easily.

Pan Lectra further pointed out: although it is a kind of encryption currency of the virtual currency, but because the encrypted, the security is relatively good, but we have to see the encryption technology, or otherwise will face various risks.

He also talked about the pan National Bank World bitcoin bitcoin, said in terms of encryption has its originality, because the currency block chain technology, the data has not been tampered with, and all mining output or exchange to bitcoin, bitcoin users need to pass all the verification to take effect.

Rick pan also said that on the one hand, bitcoin in the underlying technology to ensure the safety at the same time, also restricted the widespread use of the currency in terms of technology. Because when the user verification, will cause the transaction time is too long, if bitcoin can solve this problem, it will be a large number of real circulation, then countries will also launch its own encryption currency. However, affected by this, bitcoin is likely to become a collection of encryption currency, but the value of the collection is difficult to judge.

He pointed out that may be related to human technology bitcoin monetary system are in fact, so that Malaysia central bank will launch encryption monetary policy, will focus on research and experiment, which may not have too many regulations.

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