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Ye Zhendong
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The economic theory of Bitcoin

Wed Apr 05, 2017 3:42 pm

1, Bitcoin design goal is to promote the development of human society;
2, for investors, these two meanings - hedging and appreciation.
3,Bitcoin for all countries in the world, is - an additional development fund! Free to their nationals.
4,For the whole human society, Bitcoin is the only hope! Bitcoin can increase capital flows. Can correct human social and economic and financial structure of the error.Bitcoin can use the distribution process to achieve the redistribution and balance of human wealth - rather than reducing the wealth of the rich. But to increase the money of the poor. Let them continue to exist in the bank account of the rich man's money, will not affect the circulation of funds.Does not affect the vitality of human society.
In addition, the follow-up plan for Bitcoin can promote the development and progress of human society.
All in all, it is - white to give you money, what do you do with money after money?
Europe has money, there is a word - Europe has social welfare training talent!
But they did not succeed, and now many EU countries are bankrupt!
Money is not all strong!
But no money really can not do anything! - so designed a bit coin for you!
The failure of Europe is because they lack something. Only social welfare or money can not promote social development and progress. Can not cultivate talent.
5, for our planet, Bitcoin is the only hope in order to save our world.
For example: the world's environmental protection, the United States is now reluctant to take money to support environmental groups.
Marine pollution, Antarctic ozone layer, etc ...
Of course, the past environmental groups did not do their best to save the environment. There may be dereliction of duty.
But the more critical question is - some environmental issues are beyond their jurisdiction.Or, they do not have enough technology to save the environment.
Bitcoin and Bitcoin follow-up plan can be!
………………………………………………
(Why should articles be separated?)
——Bad side:
The first question: why the first batch of Bitcoin only issued 21 million?Just a number, why is 21 million?
——1, according to the father of the peer currency theory, if failure, to minimize the impact on human society.
2, if successful, need to balance the distribution of behavior. For example, there are a lot of people who do not know Bitcoin, they do not get any bitcoin.
The second batch is designed for 10 million, with two meanings - balancing the first distribution; and making accurate release control tests.
The second question, if the coin is forced to spin off to meet the market demand, will lose control.
In fact, from the point of view of inflation, each bitcoin is an over-issued currency. At any time facing the danger of inflation.
There is no reason for inflation now, because Bitcoin is not now currency. But soon will be the real currency. - because of the consensus of governments around the world.
If there is no control of the issue, will soon fail - inflation!

The second question is actually the safety measures I designed. For example, I remember some things that I remember when I told another father who was responsible for this coin technology, and I was 23 years old with a design coin, 32 years old if it had not succeeded in destroying it.
But what's more important - do you think that the other father of a bitcoin has not done anything for eight years?
- of course not!
Now, a lot of digital money, mining, trading platform and even the media, are being controlled by another coin's father and his friends.
A lot of digital money almost at the same time there, do not you feel strange?
They are based on Bitcoin.
- because they are the insiders of the design. Even their appearance is part of my plan. They do not have a competitive relationship with Bitcoin.
Finally, I want to tell you that the another father of bitcoin holds the absolute advantage of the digital money resources at now! Regardless of technology, wisdom, computer computing power!
He can attack any competitive currency.
Moreover, he and his friends through Bitcoin, has formed a worldwide alliance!
Well, the second question, and the second danger is - the another father of bitcoin and his friends are out of control!
They only obey my orders; - maybe not! But they need my follow-up plan!

The third question, now there are some young people, they may understand some cryptography or computer software technology. So they also want to use their own simple way to issue their own digital currency. So, they do not want to see the real father of the bitcoin appear in this world!
- very stupid and ridiculous!

At last. What bitcoin can do?
- Provision of additional development funds for countries around the world, funding United Nations human rights organizations and refugee organizations, saving the planet, providing funds for farmers who need money, and providing interest-free loans to college students. If the follow-up plan goes well!
- Or, Bitcoin will become out of control stock!
Make your choice, human!

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Ye Zhendong
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Re: The economic theory of Bitcoin

Wed Apr 05, 2017 7:48 pm

China is an example. China's over-distribution is my idea. But China has failed. Because I left China this is not my fault! The Chinese government and their children only want more benefits and do not want to pay. Such as democratic reform.
China can issue excess money. Democracies can not. Because the monetary problems of the democratic countries are subject to strict supervision. In China, no one can supervise the government's behavior.
My plan in China is that if the Chinese government implements democratic reforms in accordance with my request, I will use follow-up plans to support the country's development. If they choose to authoritarian, the excess money is a huge trap for the Chinese government. They are dead
Not my fault, is the choice of the foolish Communist Party of China!
Considering that the plan in China may fail. Take China as an example to you. Do you want to take time to try it?
I do not have much time. I'm tired. From 2008 to 2015, I am not lazy. I have created countless works for China. Even Korea, Japan, the United States ... ... the wisdom of light will be scattered ignorance of the dark!

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Ye Zhendong
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Re: The economic theory of Bitcoin

Thu Apr 06, 2017 12:21 am

Bitcoin is a democratic currency, and the ultimate right will be returned to all mankind!

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Re: The economic theory of Bitcoin

Mon Apr 24, 2017 5:04 pm

2, for investors, these two meanings - hedging and appreciation.
What about the use of bitcoin as a currency? That doesn't factor into your "theory" as a driver for growth?

You should respond to my comments, we could really discuss something here.
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Ye Zhendong
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Re: The economic theory of Bitcoin

Tue Apr 25, 2017 4:14 pm

2, for investors, these two meanings - hedging and appreciation.
What about the use of bitcoin as a currency? That doesn't factor into your "theory" as a driver for growth?

You should respond to my comments, we could really discuss something here.
First of all, my English is very poor. I am using translation software. please forgive!
1, I am looking for media cooperation;
2, I need support and help in order to get the development of Bitcoin;
3, I can not get the support of my government;
4, you can find me on Facebook and Twitter, understand my story;
5, I and another father of Bitcoin get in touch, the only way is that I invite him through three international media and say the password in the media. At that time for the safety of the plan.
6, perfect Bitcoin, perfect plan. But the imperfect human, imperfect world!
7, I am trying to get in touch with the media, and are waiting for their reply.
8, the first batch of 21 million bitcoins, is unique. If the door of the next world of the human world is opened, the value of these bits of coins, I can not calculate.
Everything is determined by Bitcoin's development and the future of mankind!
9,I have not said before: First, the first batch of market prices of Bitcoin will be used as reference to the value of the bitcoars to be issued.
Second, if people are aware of the first batch of 21 million special Bitcoin collection value, and choose long-term holding, do not carry out transactions, Bitcoin will lose the circulation characteristics.
Sorry ha ha ha ha!
10,I just need a little help now!To the media, the government, the UN pressure, let them come to me!Thank you!

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Re: The economic theory of Bitcoin

Tue Apr 25, 2017 5:41 pm

Ok, I'm a bit confused. You're talking about bitcoin as if it's your project. At first I thought you were speaking in general about the future of bitcoin. Your recent comments, however, imply that you're speaking of a personal project.

What is your project?

You said you need help building awareness in your country, which country is yours?

Your English translation is fine, keep at it. Hopefully it helps you learn the language better too. It's a bit tougher than French or Spanish.
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Ye Zhendong
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Re: The economic theory of Bitcoin

Thu Apr 27, 2017 9:54 pm

Ok, I'm a bit confused. You're talking about bitcoin as if it's your project. At first I thought you were speaking in general about the future of bitcoin. Your recent comments, however, imply that you're speaking of a personal project.

What is your project?

You said you need help building awareness in your country, which country is yours?

Your English translation is fine, keep at it. Hopefully it helps you learn the language better too. It's a bit tougher than French or Spanish.
First of all, I will tell you a secret. About the first batch of 21 million special currency.
1, more bits will be released in the future will use the block chain, and is the use of alternative means without compromising the value of Bitcoin, while increasing the security of Bitcoin.
Example: The second batch of 10 million bitcoins for precise control of the release test. The third installment will be issued with X + 10 million, of which 10 million is used to replace the second batch of bitcoins on the market. The second generation of bitcoins in each person's bank will turn into the third installment of Bitcoin, with the same value and higher security. Security will continue to improve.
2,But my plan is that the first batch of original Bitcoin will never have any change. They have a collection value. Because this 21 million special currency is the key to opening a new era of mankind. The management committee will provide a safe method of preservation.

Second, about my business
1, I have some Chinese in China asking me to be a democratic Chinese emperor;
2, now the key is the special currency and the support of the United Nations and most countries to establish a special currency management committee;
3, if you want to set up a management committee, I need to get in touch with another father of Bitcoin. By our agreed method. I held a press conference in front of all mankind at more than three international media at United Nations Headquarters to speak my password. He will contact me. Let's put the release right of Bitcoin to the management committee.
4, after that, I will go to other programs, such as building a university. The development of mankind is the meaning of being Bticoin.

About me in China:https://www.facebook.com/groups/1560729 ... 424690852/
https://twitter.com/yezhendong1986/stat ... 4166341633

https://twitter.com/yezhendong1986/stat ... 8633874433
https://twitter.com/yezhendong1986/stat ... 1609804801

https://twitter.com/yezhendong1986/stat ... 3737440258
https://twitter.com/yezhendong1986/stat ... 7636243457
——Some evidence about my computer and cell phone is being monitored. And some Chinese works, songs.
2008 - 2015, no one can count, I can not count, the Chinese media can not count. The total value is absolutely more than the sum of the current market capitalization of all digital money.
Even so:
https: //twitter.com/yezhendong1986/status/857686740626288641

If the United Nations and the governments of the world do not provide me with the help and support, it means that they will hinder the development of human society for their own interests. They are stupid and evil. I suggest you …you know what you should do ...

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Ye Zhendong
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Re: The economic theory of Bitcoin

Fri May 05, 2017 4:59 pm

Last week the staff of the United Nations office said that after a week there will be results.
But this week I went to the office of the United Nations organization here, the staff of the United Nations office said that she was in a bad mood and was reluctant to continue talking to me about Bitcoin.
So I am now contacting the embassies of various countries. Seek help and support from embassies. We are waiting for replies from national embassies.
Maybe, wait until next week.
If there is no result next week, I will do other try.
Bitcoin does not require the approval of any national government. The governments of all countries can only be accepted.
But i need help and support!
I am thinking about myself, I feel like myself like a nerd.
From 2008 to 2015 for China and other countries engaged in creative works and design work. Including Bitcoin.
Life, I have a lot of things are not good at, such as handling documents and various procedures.
And I feel very tired now!
Now the situation in China is that some people support me, but can not provide any help for me. I can not even touch me
And there are many bastards in China, they also want me back to China, continue to create works for them free, so that they become rich. They are a bunch of dog hybrids.
I am a Chinese, my compatriots have a lot of bastard. My life is like a shit, probably because most of my time is smell, because the Chinese Communist Party has trained a lot of smelly education!
If I fail, I hope the future will have a person to continue to develop your international currency. I hope!
I will do my best!

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Re: The economic theory of Bitcoin

Mon May 15, 2017 9:39 pm

Have you shared with us yet what you need the support of the United Nations or other Governments for?

Bitcoin is not their currency, why should they feel compelled to help you?
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Re: The economic theory of Bitcoin

Mon May 22, 2017 6:52 pm

I specialise in economic research of cryptocurrencies, with emphasis on the economic theory.

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chris.collins
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Re: The economic theory of Bitcoin

Thu Jun 22, 2017 1:22 am

Sir, ty a lot. Great post!

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Re: The economic theory of Bitcoin

Sun Mar 11, 2018 10:19 pm

Hmmm.. Sounds interesting. On Asictrader I saw idea like this.

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eliiosrichmond
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Re: The economic theory of Bitcoin

Mon Mar 12, 2018 1:38 pm

Hmmm.. Sounds interesting. On Asictrader I saw idea like this.

orbitalBit
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Re: The economic theory of Bitcoin

Fri May 11, 2018 5:19 pm

I like your post, dude. I very much agree with your statement that btc is a way make people educate themselves about new technologies and yes, we can name it a promotion of society development. My favorite distinctive feature of bitcoin is the fact that it is independent from the economic situation in any country.

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Re: The economic theory of Bitcoin

Wed May 23, 2018 11:21 am

I think it is really an influential and motivational post related to the bitcoin. I also think that bitcoin trading demands more patience and HODL situation than any other form of current trading. What do you think as a Bitcoin trader?

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Re: The economic theory of Bitcoin

Tue Jun 05, 2018 9:21 am

Well done!

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