A Crazy Digital Currency——Nature of Bitcoin and its enlightenment

Abstract

Recently,more and more people are quite attracted to a new digital currency which is called Bitcoin because of its anonymity,non-central authority,limited total amount,low transaction cost and free? convertibility.However,it could cause problems or risk of speculation,cyber crime,the waste of resource,the huge fluctuation in the price and so on.The emergence of Bitcoin is attributed to technical,economic and social factors.So rather than in just one aspect,Bitcoin should be concerned in different aspects,such as research,education and governance.