Fiat money and blockchain
-
blockchain is a distributed account book technology, and digital currency is currently the main application mode of blockchain technology
-
digital currency, based on the characteristics of blockchain, such as decentralization, traceability, non deletion and modification of records, confidentiality, convenient and rapid transaction, can be used as the carrier of asset digitization to a certain extent. Digital currency provides a feasible tool for asset digitization, safe, convenient and transparent transaction
-
digital currency is illegal in China. In 2017, many ministries and commissions of the state have issued relevant issues, please search online
Relevant national leaders pointed out that blockchain technology is an important breakthrough for independent innovation of core technology. Therefore, more and more attention will be paid to the application of blockchain technology, and the central bank is also studying DCEP, but it is not clear when digital currency will enter the legal application -
a few countries, such as the United States, Japan and Singapore, are tolerant of digital currency:
1) the United States: there are usdt, ETH, and Libra in the future
2) Japan: in April 2017, Japan implemented the revised capital settlement law, stipulating that digital currency and Japanese yen are legal tender and can be traded with each other
3) Singapore: Singapore is tolerant of digital currency, and it has become a common practice for Singaporeans to invest in digital currency< br />
in fact, the country has been studying the field of digital currency, and digital currency and blockchain are the future development trend. As for when to issue, we can only say that when the time comes, it will be issued naturally. We need to ensure the steady operation of the financial economy.
As of May 2020, blockchain and digital currency are illegal in China
according to the announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risks of token issuance and financing, Article 2 no organization or indivial shall illegally engage in token issuance and financing activities. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects
Article 3 strengthen the management of token financing trading platform
from the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell token or "virtual currency" as a central counter party, and shall not provide pricing for token or "virtual currency" Information intermediary and other services P>

extension data
"illegal financial institutions and illegal financial business activities ban" stipulates that:
eleventh, the criminal suspect, funds and property involved in illegal financial institutions and illegal financial activities, and the public security organs shall take compulsory measures according to law to prevent suspect from escaping and transferring funds and property. p>
Article 12 the people's Bank of China shall, after investigation and confirmation, make a decision to ban the illegal financial institutions and financial business activities, declare them illegal, order them to stop all business activities, and make an announcement
Article 13 if the people's Bank of China discovers that a financial institution opens an account, handles settlement and provides loans for an illegal financial institution or illegal financial business activities, it shall order the financial institution to stop the relevant business activities immediately. No unit or indivial may use the relevant funds without authorizationmoreover, the TDP of the former is much higher than that of the latter, which shows that Intel has left a huge space for overclocking of i7-6700k
therefore, after overclocking the i7-6700k, the i7-6700 will naturally be pressed by force. There is no doubt about this
it should be said that Intel has made the non frequency locking K version more conscientious this time
however, when it is usually used, such a big gap is not felt
if i7-6700k is not overclocking, it is similar to 6700
after overclocking, there is an experience improvement in large software.
first of all, we need to be clear - what is currency? In essence, money is an identification of collective will
no matter what form of money is, it needs human recognition of its value before it can be used for trading (it has three main characteristics: 1. Scarcity; 2. Difficulty to , proce or transport; 3. Economic value). This is true of shells, gold and legal coins
bitcoin relies on blockchain Technology (the so-called blockchain is to explore the potential value of human beings in the form of Computing). Generally speaking, for example, there is gold underground in South Africa, but it has not been mined. Do you admit that the gold can be traded? If you trust to trade, the bitcoin will be valuable, If you don't trust a computer, it's worthless data
in short, transactions divided by barter accidents are all public trust exchanges, so bitcoin (endorsed by human potential value) may also replace legal currency (endorsed by government tax); The biggest problem is that if the issue of bitcoin overdraw the future of mankind, our finance would collapse. Therefore, in the past 20 years, legal currency should still be the mainstream (at the same time, it is linked with taxes and rare metals, and the security is relatively high)
the content of this paper is based on xiaoshuo 2018 ~ introction to the economic system
I hope I can help you a little bit, thank you.
