Will Bitcoin lose its circulation function?

Bitcoin is a virtual currency. Bitcoin is a P2P digital currency. Point-to-point transmission means a decentralized payment system.

Function: Bitcoin is a kind of online virtual currency with limited quantity, but it can be used for cashing: it can be converted into currencies of most countries. You can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, you can also use Bitcoin to buy real-life items.

Completely decentralized, without issuers, it is impossible to manipulate the number of issues. Its distribution and circulation are realized by open source p2p algorithm.

Decentralization: Bitcoin is the first distributed virtual currency, and the whole network consists of users without a central bank. Decentralization is the guarantee of bitcoin security and freedom.

Global circulation: Bitcoin can be managed on any networked computer. No matter where you are, anyone can mine, buy, sell or collect bitcoin.

Exclusive ownership: manipulating bitcoin requires a private key, which can be stored in any storage medium in isolation. No one can get it except the users themselves.

Low transaction cost: Bitcoin can be remitted for free, but in the end, a transaction fee of about 1 bit will be charged for each transaction to ensure faster transaction execution.

No hidden cost: Bitcoin, as a means of payment from A to B, has no complicated quota and procedures. You can pay by knowing the other party's bitcoin address.

Cross-platform mining: Users can explore the computing power of different hardware on many platforms.