The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120BtC.coM): On the one hand, the birth of Bitcoin has enlightened people’s imagination about new finance. On the other hand, it has also been criticized by many for its energy consumption, legal review and other issues. Surprisingly, Bitcoin The mysterious founder behind it, Satoshi Nakamoto
Nakamoto predicted that these problems would occur less than five months after the birth of Bitcoin.

 Satoshi Nakamoto responds to Bitcoin’s “high energy consumption” problem

According to Coindesk, Martii 'Sirius', an early collaborator on the Bitcoin code
Malmi's recently released emails reveal that Satoshi Nakamoto wrote in a May 2009 email that Proof of Work (PoW) was the only solution he had found to allow peer-to-peer electronic cash to operate without trusting a third party. The solution is crucial to preventing double spending and coordinating the network, but he also predicted that PoW-based Bitcoin may become an important consumer of energy when it grows to a certain scale. In response, Satoshi Nakamoto responded: If it really Growing to consume a lot of energy, I think it will still be more economical than the labor and resource intensive traditional banking activities it replaces, and the cost will be more than what it takes to pay for all those bricks and mortar buildings, skyscrapers, and tons of credit card ad spam Billions of bank fees are an order of magnitude smaller.

Satoshi Nakamoto went on to say: “In the end it would be a travesty if we had to choose between economic freedom and environmental protection.”

 Legal Issues with Bitcoin

Satoshi also foresaw that the idea of Bitcoin as an investment might attract legal attention from regulators. Regulators have long debated broadly whether to define cryptocurrencies as commodities or securities. In response to such views, Satoshi Nakamoto expressed his caution: I feel a little uncomfortable about clearly saying "treat it as an investment"... This statement is too risky, and you should delete this part. It's fine if people come to this conclusion on their own, but we can't just promote it that way.

In addition, although Satoshi Nakamoto invented Bitcoin for financial applications (payment systems), he foresaw the non-financial uses of blockchain. He believes that blockchain technology can also serve as a public digital notary to securely timestamp various documents to prove that the documents actually existed at a certain moment. He pointed out: Bitcoin is essentially a decentralized, secure time confirmation system that specifically handles transaction records. With just a few lines of code, you can add additional hashes to a transaction, creating an immutable timestamp record for anything that needs to prove time.