Bitcoin Present Situation and Its Applied Research

Abstract

The development and orientation of bit-coin is the forefront of currency issue for it is directly related to the currency position of bit-coin and affects the progress direction of the world economy. At present, there are serious differences in people's discussion about the orientation of bit-coin, the typical representation of which is that they do not have a thorough understanding of the basic properties of bit-coin, neither is there a legal orientation for it, and especially that is a lack of the basis of methodology of various research. All these have been hindering the application and progress of bit-coin. By discussion the current classification and future development of bit-coin, we believe that the generation of bit-coin is a reflection of the Internet economy.