Chapter 1699 The Origin of Miners
“Peer-to-peer payments?”
Asang lowered his head and kept mumbling these words.
"Theoretically, this is indeed feasible, but how should it be constructed specifically? In the final analysis, all payment methods require something for credit endorsement. If we skip the bank, then what should our payment method use for credit endorsement? "
Snow keenly saw the flaws in Li Jin's plan and raised the question.
Li Jin was not surprised when he heard Snow's question.
In fact, this has been debated over the years since Bitcoin emerged.
But ten years later, Bitcoin has finally proved this doubt unnecessary with actions, and digital currency is completely feasible.
Even in the future, China will become the first country to try to use digital currency as legal tender.
Li Jin knows that if he wants Bitcoin to appear in the world ahead of schedule, the two people in front of him are the key, so he must first convince them of the feasibility of Bitcoin.
Li Jin is full of confidence in this.
Because he clearly remembered that in the information disclosed in the future, Assan was one of the main developers involved in the development of Bitcoin.
And his philosophy is naturally in line with the spirit of public supervision of Bitcoin.
Li Jin raised a smile on his lips and talked eloquently:
“The reason why we now think of building a new payment method is essentially because it has been proven that a single entity cannot be completely trusted, and it is always possible to be affected by various off-site factors.”
“But what if we extended this credit certificate to everyone?”
"We set the rules so that the transaction can only be completed if the majority of people approve it."
"And if the user base is large enough, then no force in the world will be able to buy so many people at the same time. Doesn't this ensure the reliability of the credit certificate?"
Snow and Asang were stunned for a moment.
Li Jin's idea completely surpassed their cognition.
At this moment, even Huang Feng, Li Songci, Liu Jun and others who were not technologically literate were sensitively aware of the epoch-making nature of this plan.
They had a vague feeling that they were witnessing history.
Asang thought for a while and suddenly asked: "Then how to get most people to participate in the credit certificate work? In the past, the credit certificate parties were banks or the government, and they made profits in the whole process."
“If you want individuals to participate, you have to give them some benefit so they have an incentive to do it.”
"But the reason why we want to do this is because of the shortage of funds due to fund security issues. Where do we have the spare money to incentivize users now?"
Just when Li Jing was about to speak, he saw Li Songci raised his hand.
He knew that Li Songci, the eldest lady of the Li family in South America, was starting to feel itchy.
Li Songci originally came from the financial industry, and this thing was just within her professional range.
"The essence of this payment method is to use digital currency as a currency token. In this case, why don't we simply give these users who work voluntarily some digital currency as a reward."
"Anyway, this currency does not require real money. As for the specific amount, it will be calculated based on their actual labor volume. This is the most fair."
"If this currency is a mountain of gold, let them be the miners and transport the gold to everyone who uses it to pay, and they benefit from it."
After Li Songci finished speaking, Snow and Asang's eyes gleamed.
This plan is good!
