Qian Jun: Bitcoin is not gold and is not the best asset to avoid financial risk.

On December 12 and 13, the “2021 Phoenix.com Finance Summit” organized by Phoenix.com and hosted by Phoenix.com Finance was held in Shanghai. Qian Jun, Dean and Professor at Fanhai International School of Finance at Fudan University, talks about the current financial risks and opportunities in the region. Speaking of cryptocurrency, he said that the cryptocurrency represented by Bitcoin is not gold or a valuable asset, and that is not the best bet for avoiding financial risk. Speaking about the reason, he said that the cost of virtual currency is very unstable and unstable, and the virtual currency still has many problems, like the consumption of electricity, which is not working according to the modern protection points of the environment. Technically, Qian Jun said that virtual resources are not leaking, and current devices are already at risk of attack by hackers. Qian Jun said that there are two reasons why cryptocurrencies are so popular. For one thing, a lot of people don't really care when they invest in cryptocurrencies. Second, after the virtual currency exchange is completed, it also plays the role of anonymous exchange and asset transfer. (Phoenix Network)