Bitcoin quantization
When it comes to bitcoin, many people must be familiar with it. According to the latest news, bitcoin's price has now exceeded nearly $30000< the reason for the sharp rise of bitcoin is e to certain economic impact{ RRRRR}
so it also pushed the price of bitcoin to a new high. In the second half of the year, this new pneumonia epidemic has also had a negative impact, so it has also implemented a loose monetary policy for all countries< however, we all know that bitcoin is equivalent to the encrypted virtual currency of a mainstream guy, so at this time, it has become a corresponding investment for many investment institutions who want to fight against inflation so at this time, the price of bitcoin has been raised accordingly, so it is also possible for each of us to carry out corresponding work. All this is e to the current economic situation, which leads to the rise of bitcoin
value scale = when you buy something, a bottle of water is one yuan. The one yuan here is the currency of concept, and no one needs to take out one yuan and put it there to tell you that this thing is one yuan
means of circulation = when you want to own this bottle of water, you must give the seller a dollar, instead of just saying "I'll give you a dollar ~"
the function of storage is to store valuable currency (such as gold and silver) at home for future appreciation or use (because it is valuable and not afraid of depreciation). Strictly speaking, RMB is bank notes, a kind of credit currency = no intrinsic value (just a piece of paper) but only use value (its value is guaranteed by government revenue), so RMB cannot be used as a storage means (in case of serious inflation or regime change, it is a pile of waste paper)
means of payment = standard of deferred payment = unilateral transfer of currency. For example, the money that others owed you a few days ago was paid back today.
money performs the function of value measurement, which is to show the value of all commodities as a certain amount of money. This is because money itself is a commodity and has value. All kinds of goods are the condensation of social labor with the same quality, so labor time is the intrinsic value measure of goods. This kind of intrinsic value can be compared, but it can't show itself. In the process of commodity exchange, when money performs the function of value measurement to measure the value of other commodities, and makes all kinds of commodity values behave as a certain amount of money, money becomes the external manifestation of commodity value
2. Means of circulation: in commodity circulation, money serves as the medium of commodity exchange
the circulation function of money is developed in commodity exchange. Before the emergence of money, commodity exchange took the form of direct exchange. After the emergence of money, it becomes the commodity circulation with money as the medium, which makes the direct commodity exchange into two processes. Any commodity procer must first sell goods for money (w-g), and then use money to buy back the needed goods (G-W). In the commodity exchange composed of these two processes, money acts as the medium of exchange activities. The function of this kind of medium commodity exchange is the function of currency circulation means
3. Storage means: the function of money withdrawal from circulation as an independent value form and the general representative of social wealth
the function of money storage means is graally improved in practice. At first, it was shown as simple money storage. The procer changed surplus procts into money in order to save his surplus procts with money. With the development of commodity proction, in order to make it easy for commodity procers to buy commodities that can maintain proction and life at any time, money storage is mainly manifested as the storage of exchange value. When commodity circulation expands to all fields, the one who owns money can buy everything he needs. At this time, money storage is manifested as money storage of social power. But the money storage for any purpose must be the enough money with value entity
4. Means of payment: the function of money as an independent form of value in unilateral movement
the function of money as a means of payment was initially generated to meet the needs of commodity proction and exchange. Because the proction cycle of different commodities is different, and the distance from the place of origin to the place of sale is different, in order to ensure the continuous reproction process, some commodity procers need to sell goods on credit. When the debt is settled on the appointed date, money has the function of payment means. Later, with the development of commodity exchange and credit economy, the function of money as a means of payment has become increasingly common, not only beyond the field of commodity circulation, but also into people's daily life, such as for the payment of government rent, rent, wages, taxes and so on
5. World currency -- the currency as a general equivalent in the world market
with the emergence and development of international exchanges, currency has the function of world currency when it circulates in the world market. In addition to the function of value measurement, the world currency also performs the following functions: as a means of purchase, it is used internationally to purchase foreign goods; As a general means of payment, it is used to pay international debts, interest and other unproctive payments to balance the international balance of payments; As the representative of social wealth, it is used to pay war reparations, export monetary capital, etc., and transfer from one country to another.
explanation
"bad money expels good money" means that when a country circulates two kinds of money with different real value but unchanged legal price at the same time, the money with high real value (good money) is bound to be melted, collected or exported and withdraw from the circulation field, while the money with low real value (bad money) fills the market instead
for example
in the 16th century England, precious metals were not enough for coinage, so other metals had to be added to the newly minted coins. Therefore, there were two kinds of currencies in the market at that time, one was the currency without impurities, the other was the currency added to other metals. Although the legal value of the two currencies is equal, people can identify them, store the money without impurities, and trade the money with impurities. Therefore, the good money on the market is graally stored and reced circulation, leaving only the bad money in the market Good money here refers to money without impurities.)
bitcoin can carry out quantitative trading. There is no limit on the rise and fall of bitcoin itself, and its activity is relatively high. You can see the trading volume of ZB
thank you
In fact, there is one more detail that we need to pay attention to, that is, the price of bitcoin has been directly reced from US $60000 to US $52000, and countries have directly indicated that they will strengthen supervision. Before that, you should know that the price of bitcoin soared from more than 10000 US dollars to 60000 US dollars. It's boring. Why didn't the regulators of various countries directly intervene in such a long period of time? So today we will discuss the factors that affect the fluctuation of bitcoin{ Third, the confidence of consumers or investors
in the past few months, bitcoin's long-term success is that the manual has brought her a high degree of popularity, and at the same time, its price has gone up by leaps and bounds. But everyone is tired. After seeing some information about bitcoin for a long time, we are not very interested. The visual impact of tens of thousands of dollars has lost any freshness. In this case, everyone's investment enthusiasm for bitcoin will naturally decline, which will lead to its price decline