Similarities between traditional currency and digital currency
1、 Different definitions:
1. Electronic currency:
refers to the currency paid by electronic means
2. digital currency:
is a virtual currency based on node network and digital encryption algorithm
Electronic currency: Based on computer technology, it can be widely used in the fields of proction, exchange, distribution and consumption. It has many functions such as financial savings, credit and non cash settlement2. Digital currency:
e to some open algorithms, digital currency has no issuers, so no one or institution can control its issuance; Because the number of algorithm solutions is fixed, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency; Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
Third, the same point:the circulation mode of e-money and digital money is two-way circulation
extended data
e-money is the virtualization of the value scale of real money and the function of payment means. It is a kind of money without monetary entity. Electronic currency is an invisible currency based on highly developed electronic technology
the value of e-money is transferred from the consumer to the seller through the sales terminal, and then the seller redeems the money. The e-money held by the merchant is sent to the e-money issuer to redeem the money, or to the bank. The bank debits the corresponding amount on its account, and then the bank settles with the issuer through the clearing institution In simultaneous interpreting, p>
electronic money can transfer money value directly among the holders. It does not require the intervention of third parties, such as banks. This is also the essential difference between electronic money and traditional cash card and transfer card. p>
digital currency, bitcoin? There is no real value.
the central bank's digital currency has national credit and is equivalent to legal currency. Its functional attributes are exactly the same as those of traditional paper currency, but it is in digital form. Digital currency is concive to recing transaction costs, improving financial efficiency, and preventing money laundering and other illegal transactions
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in physics, mass m = density of object ρ× The volume of the object is V, so it is necessary to measure the length, width and thickness (CM) of the iron plate first, and multiply the three to get the volume in cubic centimeter. And then multiply it by the density of iron, 7.86 grams per cubic centimeter
for example, the size of iron plate is 500 * 100 * 10cm
the mass m of iron plate is: 500 * 100 * 10 * 7.86 = 3930000 g = 3930 kg = 3.93 t