Economics digital currency

1. The "trace" and "traceability" of digital currency can improve the convenience and transparency of economic transactions. Economist Yu Fenghui said that money laundering, tax evasion and other criminal activities are expected to decrease. At the same time, with the application of blockchain technology, a unified account book will be established nationwide or even worldwide, so that every sum of money can be traced back. Tax evasion and money laundering will be within the scope of supervision, and it is even possible to realize automatic tax dection on the card machine
eurocrowdfunding, the first blockchain crowdfunding platform in China, uses the mode of mortgaging physical assets or equity to obtain funds and issue tokens to users, which means that they can trade freely in the market. Tokens are regarded as asset certificates.

2. Digital currency is the proct of currency development to a certain stage. The issuance of digital currency is mainly to make transportation more convenient and also concive to the supervision of the economy.

3. What is digital currency? Is it the same thing as electronic money and virtual money
the difference between digital currency, electronic currency and virtual currency
in fact, digital currency is a kind of indexed RMB, a legal encrypted digital currency and an alternative currency in the form of electronic currency. Digital currency can be divided into two types: non cryptocurrency (e-gold, XRP) and cryptocurrency (bitcoin)
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 spaces. It is different from Alipay and WeChat, and Alipay, WeChat payment and mobile phone banks are all electronic money, not digital money. The popular digital currencies in 2016 include bitcoin, lightcoin, bitstock, etc. At present, there are thousands of digital currencies issued all over the world
virtual currency refers to the non real currency, especially the currency in the network virtual economy. The issuer is not the central bank, and it can only circulate in a specific virtual environment. In the case of the connection between virtual and reality, virtual currency has its real value. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point, roll counting of Shanda company, u-coin meter ticket launched by Sina (used for igome game), chivalrous Yuanbao (used for chivalrous road game), and grain silver (used for bixue Qingtian game). Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency. For example, bitcoin is illegal digital currency
since the beginning of the year, the relevant person in charge of the people's Bank of China has said that the future of mobile payment is bright, and the central bank is actively studying the relevant research results and practical experience at home and abroad to strive for the early issuance of digital currency. At the digital currency seminar of the people's Bank of China held on January 20, the relevant person in charge of the people's Bank of China disclosed that the central bank has set up a special research team since 2014 to conct in-depth research on the digital currency issuance and business operation framework, key technologies, circulation environment, etc., and strive to launch the digital currency issued by the central bank as soon as possible. At present, the research has achieved phased results
what benefits will digital currency bring to our lives
for this problem, the relevant person in charge of the central bank said that if the digital currency is successfully issued, it will bring many conveniences: it can effectively rece the high cost of the issuance and circulation of traditional paper money, and improve the convenience and transparency of economic transaction activities; It can rece money laundering, tax evasion and other illegal and criminal acts, enhance the central bank's control over money supply and money circulation, better support economic and social development, and help the comprehensive realization of Inclusive Finance; It helps to build a new financial infrastructure, further improve the payment system, improve the efficiency of payment and clearing, and promote the upgrading of economic quality and efficiency. More digital currencies can focus on bitMom

4. Huang Mitong said that Yesi is that if there is less money in circulation in the market, his price will rise, because it is the principle of economics that the rare is the most expensive.

6. In 2010, Chinese economist Guo Xia pointed out in his book decoding economy (published by Economic Science Press in August 2010) according to the theory of new money (XM), "the mainstream currency of human society in the future will have the characteristics of digital currency, electronic currency and global currency."“ The future world currency will be a consistent digital currency system in the world. "“ The mainstream currency in the future will be bitcoin, which is convenient for economic activities on the Internet. "“ New economics should take the research on new money as the focus of monetary economy research. " Bitcoin and virtual digital currency are popular all over the world. The fact that the Central Bank of China has set up the digital currency Research Institute confirms the above prediction of the new economic theory

7.

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

extended data

to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />

8.

Currency digitization has been realized for a long time. The so-called digital currency is cash digitization, which can only be used for M0. Because the large amount of funds can be easily carried, there is no need to deposit in the bank, so the large-scale outflow of bank funds is easy to achieve

today's digital currencies, such as bitcoin, litecoin, ppcoin, etc., are created, issued and circulated by means of check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency, which theoretically avoids bureaucratic approval and endows everyone with the right to issue currency. Digital gold currency is an electronic currency named after the weight of gold. The typical unit of measurement for this currency is the Troy gram or troy ounce, although sometimes gold and the Dinar are also used as units. The capital source of digital gold currency is gold storage without quota or allocation quota. The relevant person in charge of the central bank said that the digital currency research team of the people's Bank of China should establish a more effective organizational guarantee mechanism, further clarify the strategic objectives of the central bank's issuance of digital currency, do a good job in tackling technical problems, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible