What is legal money in blockchain
Legal currency is the abbreviation of "legal currency" or "legal compensation currency", which is the currency given by the state in the form of law for compulsory circulation. Among them, the main coin is the unlimited legal compensation coin, which can be cast freely; The subsidiary currency is the compensation currency of limited law, which is restricted by the state
Legal currency is the name of currency in circulation in old China from November 4, 1935 to August 19, 1948. In old China, the silver standard system was adopted for a long time. Before "Abolishing the two systems and changing them into yuan" in April 1933, it was actually the combination of silver and yuan“ Although the currency was unified, the financial and economic difficulties of the Kuomintang government were not solved. In order to control the monetary power of old China, Britain and the United States launched a fierce struggle At the beginning of 1948, prices in Peiping soared. "To buy an egg, you need 24 Jin of French currency (the currency in circulation at that time)," to buy a jin of corn flour, you need 100 Jin of French currency. The French currency is two miles and a half from the beginning to the end, and you can buy a foot of coarse cloth. Compared with the previous year, the price of grain has increased 149 times. " The price of rice, flour and cereals went up crazily, and people's life went from bad to worse In August, the soaring prices have far exceeded the affordability of the people. In order to alleviate the crisis, the national government decided to issue gold coupons. However, it backfired. Not only did prices fail to stabilize, but the gold dollar coupon became more and more worthless, and the people fell into despair againat this time, silver yuan became popular, and silver yuan trading markets appeared in Qianmen, Xuanwumen, Dongdan, Xisi, Gulou and other places. There are also many silver dealers in the street, who are jingling and shouting "buy two, sell two"
if you want to use RMB to exchange new Taiwan dollars in Taiwan, you can choose Zhaofeng international commercial bank, Bank of Taiwan and other banks or post offices with higher exchange rates.
legal currency has nothing to do with blockchain. The digital currency generated by blockchain includes bitcoin and all kinds of tokens
blockchain is the core supporting technology of digital cryptocurrency system represented by bitcoin. The core advantage of blockchain technology is decentralization. It can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the common high cost, low cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
Token refers to virtual digital assets, which is the token that we often hear about recently. It is a string of digital codes generated by the underlying technology of blockchain. It is unique, consensus and tamper proof. The more famous tokens include bitcoin, ETH Ethereum, usdt TEDA currency, etc. legal currency is the abbreviation of "legal currency" or "legal compensation currency", which is the currency given by the state in the form of law for compulsory circulation. For example, US dollar, RMB and euro all belong to legal currency. INMARSAT is a digital asset generated based on the underlying technology of blockchain, which belongs to token. INMARSAT is issued by INMC INMARSAT International Club. INMARSAT is registered in the United Kingdom, headquartered in Russia, and has a formal and legal international business license. It is a blockchain application scenario platform with entity operation
the QR code of Yingmai wallet app is attached, which can be downloaded and experienced
Legal currency is the name of currency in circulation in old China from November 4, 1935 to August 19, 1948. In old China, the silver standard system was adopted for a long time. Before "Abolishing the two systems and changing them into yuan" in April 1933, it was actually the combination of silver and yuan“ Although the currency was unified, the financial and economic difficulties of the Kuomintang government were not solved. In order to control the monetary power of old China, Britain and the United States launched a fierce struggle