Exchange of legal currency of blockchain into RMB

1.

Usdt is TEDA currency and cannot be converted into RMB Notice on carrying out self inspection and rectification of payment services for illegal virtual currency transactions all Payment institutions within the jurisdiction shall carry out self inspection and rectification, strictly prohibit providing services for virtual currency transactions, and take effective measures to prevent payment channels from being used for virtual currency transactions

TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar. Each TEDA coin is symbolically associated with government supported legal tender. TEDA currency is a virtual currency kept in the foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to US $1

on January 16, 2018, among the top 50 cryptocurrencies in global value, most of the digital virtual cryptocurrencies suffered a sharp drop in price, but the price of TEDA currency rose against the trend. The price of TEDA was $1.04, up 3.23% from the previous day, with a total market value of $1.69 billion. In addition to TEDA, most virtual currencies, including bitcoin, Ethereum, and lightcoin, have experienced sharp declines

extended information:

in 2017, the regulatory authorities issued the notice on preventing the financing risk of token issuance, which clearly pointed out that financial institutions and non bank payment institutions are not allowed to carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability

the Internet Finance Association of China issued the risk tips on preventing ICO activities in disguised form, calling on consumers and investors to recognize the essence of relevant models, enhance risk prevention awareness, invest rationally, and not blindly follow the trend of speculation. Previously, blockchain technology was once sought after by a number of listed companies and the capital market, but it also led to questions about whether it was over hyped and "stepping on the red line"

2. At present, there is no digital currency in the world that can be directly converted into legal currency in banks. However, it can be exchanged for legal money on the platform supporting its transaction. Basically, the digital currency that claims to be able to exchange legal money directly in the bank is mostly pyramid scheme
the choice of digital currency investment depends on whether it has a good application scenario planning. Bitcoin has been recognized worldwide; Ethereum is an intelligent contract platform, and decent is a distributed content publishing platform based on blockchain technology.

3.

During the excavation of exile Road, Nick de found that there was no passageway like the jewelry box in the above picture. At this time, he needed to find a hidden door in other routes and blow it open (as shown in the figure below):

after blowing the door open, he went back to the nearby ore cart to get the reward. So, how can we go to these hidden deposits
first of all, let's look at a rule (the source of this picture is unknown, whether it is completely tenable is unknown, but my own experiment is really good)

it has been measured. After running, the intersection appears below. Using this method (not necessarily correct, but it can improve the efficiency of finding the hidden door), greatly improve the efficiency of hiding the box intersection, without running all over the place. I wonder if this will work for you
in addition, we are now running at every fork of the road. Combined with the 134 rule, it's really easy to find the hidden door

4. Legal currency is legal currency, which is given by the state in the form of law for compulsory circulation. The legal currency of each country is different. China is RMB, the United States is US dollar, and Japan is Japanese yen. The total amount of its issuance is strictly controlled by each country, but inflation still cannot be avoided
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.

5.

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

6. According to the consensus algorithm (POW) of blockchain, whether a blockchain is good or not, the most important thing is whether there are many people
therefore, after the new blockchain comes out, if the number of bitcoin users can't be quickly accumulated in a short time, it's hard to be successful
at present, bitcoin, Ethereum and lightcoin are reliable. If there is no big breakthrough, the advantages of bitcoin will become more and more obvious.

7. Traditional blockchain asset transaction is the exchange between blockchain assets and RMB (CNY), and currency transaction is to replace RMB with currency.

8. Currency to currency transaction, also known as currency to currency transaction, is mainly aimed at the transaction between virtual currency and virtual currency. One of the currencies is used as the pricing unit to purchase other currencies. The currency transaction rule is also to complete the matching transaction according to the price priority and time priority. The essence of currency transaction is to price another blockchain asset with one blockchain asset.