1. What is virtual currency? Virtual currency is the common currency in the network world, but it is not issued by the national authorities and is not protected by law in China. There are three kinds of virtual currency: one is game virtual currency, which is used for in-game transactions; The second is the website service currency, which is used for service transactions within a certain platform; The third is investment currency, which is mainly used for internet financial investment and can be used normally in life.
Second, why did the investment currency collapse collectively? The price of 5438+0 1 bitcoin hit a record high in June, 20021year, but in the following month, the trend of bitcoin gradually declined, until June, 5438+early February, mainly due to the variation and spread of COVID-19. The virus has spread to at least 38 countries, including most bitcoin investors, so bitcoin collapsed and the epidemic spread.
Third, estimate the later situation of virtual currency. I think the situation of virtual currency collapse will gradually be optimistic. Although the current losses cannot be made up, relevant institutions are already trying to recover currency risk assets. The biggest reason for the decline of virtual currency is the spread of epidemic, and human beings all over the world should fight the epidemic. Only by solving the epidemic problem can we recover the loss of virtual currency. It is estimated that virtual currency will rebound sharply after the epidemic, reducing the risk of current assets.
To sum up, the collective decline of virtual currency has led to a sharp drop in the global financial market value, and the assets of Zhao Changpeng, the founder of Nongfu Spring, have been hit hard. The best solution to restore the market value of virtual currency is to stop the spread of the epidemic and support medical research institutions around the world to study COVID-19 variant virus vaccine.