Digital currency and deposit
digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and password currency belong to digital currency
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography
features: the use of P2P peer-to-peer network technology to issue, manage and circulate currency theoretically avoids bureaucratic examination and approval, so that everyone has the right to issue currency
Electronic money means that a certain amount of cash or deposit is exchanged from the issuer and the data representing the same amount is obtained. By using some electronic methods, the data is directly transferred to the payment object, so that the debt can be paid off. Strictly speaking, consumers pay traditional money to the issuers of electronic money, and the issuers store the equal value of traditional money in the electronic devices held by consumers in electronic form. In short, when we deposit money into our bank account, there will be an extra number in the bank account, which means how much money we have saved. In this process, we give the banknotes in our hands to the bank, and the bank adds a number to our bank card, which is our electronic currencyfeatures:
< UL >e-money and paper money (or physical money) can be easily converted to each other
the data of electronic currency corresponds to the same amount of physical currency
we need to pay physical money to the issuers of e-money (banks and other financial institutions) in order to exchange for the same amount of e-money
3. The similarity between digital currency and electronic currency: both exist in the form of electronic data
The differences between digital currency and electronic currency are as follows:electronic currency has an issuing institution, and the corresponding amount of physical currency in the institution can be exchanged with physical currency; However, digital currency has no specific issuing institution (decentralization) and can only exist in network data
at present, there is no international consensus on whether digital currency is a currency or not, so in China, the main form of digital currency is "investment proct", which is a rather risky investment proct, and only a few businesses are willing to accept digital currency consumption; Of course, some countries (Germany, etc.) have officially recognized the currency status of digital currency
Digital currency is a kind of legal tender, which must be issued by the central bank. Both digital gold coin and cryptocurrency belong to digital currency, which is not a network virtual currency, because it is not limited to virtual space, but is often used for real goods and services transactions, such as bitcoin, Wright coin, bitstock, etc. at present, there are thousands of digital currencies issued around the world
extended data:
1. Impact on financial infrastructure
the decentralized mechanism of value exchange based on distributed ledger technology has changed the basic settings of gross and net settlement on which financial market infrastructure depends. The use of distributed ledgers also poses challenges to trading, clearing and settlement, as it promotes the disintermediation of traditional service providers in different markets and infrastructures. These changes may have potential impacts on market infrastructure other than retail payment systems, such as large payment systems, securities settlement systems or trading databases
If digital currency and distributed ledger based technology are widely used, it will bring challenges to the intermediary role of financial system participants, especially banks. As a financial intermediary, banks perform the ties of acting supervisors and supervise borrowers on behalf of depositors. Usually, banks also carry out liquidity and maturity conversion business to realize the financing from depositors to borrowers. If digital currency and distributed ledger are widely used, any subsequent disintermediation may have an impact on savings or credit evaluation mechanismselectronic money refers to the exchange of a certain amount of cash or deposit from the issuer and the acquisition of data representing the same amount. By using some electronic methods, the data is directly transferred to the payment object, so that the debt can be paid off. Strictly speaking, consumers pay traditional money to the issuers of electronic money, and the issuers store the equal value of traditional money in the electronic devices held by consumers in electronic form. In short, when we deposit money into our bank account, there will be an extra number in the bank account, which means how much money we have saved. In this process, we give the banknotes in our hands to the bank, and the bank adds a number to our bank card, which is our electronic currency
digital currency:
is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. It can not be completely equivalent to the virtual currency in the virtual world, because it is often used for real goods and services transactions, not limited to online games and other virtual space. On January 20, 2016, the people's Bank of China held a seminar on digital currency, announcing that it is developing and striving for the early launch of digital RMB. At the meeting, many experts discussed the overall framework of digital currency issuance, national digital currency in currency evolution, cryptocurrency issued by the state, etc
"the issue of digital currency will make China's economy programmable to a certain extent, and make the economic and financial regulation and control have a clearer direction. The whole network distributed accounting mode implemented by digital currency will effectively enhance the credit of China's economy." However, Yao Qian, deputy director of the science and Technology Department of the people's Bank of China and head of the preparatory group of the digital currency Research Institute, also told the media that there is no timetable for the issuance of legal digital currency at present
the number in the bank is essentially the deposit currency
the cash currency (paper money and coins) issued by the central bank and the deposits deposited in the bank are also regarded as a kind of currency because they can be settled at any time and have the settlement and payment function of currency
as for the so-called digital currency, at present, it is considered to be legally compulsory compared with the above analogy of cash currency. It is backed by the state or regional power
the number of banks (all kinds of deposits, i.e. deposit currency) whether through the counter passbook processing or online banking e-billing services. All of them are backed by the bank's own credit and the deposit insurance system after the marketization of interest rate. It does not have the legal compulsory effect, but has the similar liquidity because it can cash most of the time
welcome to answer my question.
there is no difference between digital currency and RMB paper currency
the first mock exam will be to keep money in banks and banks to lend.
at present, the national legal digital currency is only tested in a small range, and has not been officially used
digital currency is the same as paper RMB, which has the same legal effect. Even if it is widely used in the future, it will not affect the existing financial business, and the fixed deposit will not be affected.