China's encrypted digital currency

1. It's not illegal to issue digital currency in China. It doesn't need the next three years. Now people have already issued digital currency. For example, Ruitai, bitcoin, Yuanbao and sandcoin are all digital currencies issued by domestic companies. But if not

2. Shanghai, Beijing, Shenzhen and other coastal developed cities have. The well-known bitcoin wallet development teams in China include bitcoin wallet development team and fast wallet development team (which have been acquired by fire coin), such as bitcoin's one wallet, Li Xiaolai's bitcoin wallet development team and so on.

3. According to relevant sources, Libra association is considering a major adjustment to its asset support model of stable currency
as you all know, Facebook officially released the Libra white paper in June last year. Libra's value is described as linked to a basket of fiat currencies and other assets. According to two sources familiar with Libra's progress, the Libra association is considering whether it should abandon the proposed "basket of legal currencies + other assets" model and adopt the "pure US dollar" support model instead
Kristin Smith, head of blockchain Association, which promotes blockchain technology, said in a telephone interview: "I think this is a welcome change. The main concern of lawmakers about Libra is that Libra may weaken the status of the US dollar, so if Libra really turns to be supported only by the US dollar, a lot of worries can be solved. "
If Libra turns into a stable currency supported only by US dollars, in Xiaobian's view, it will really benefit him a lot in the way of issuing currency. If we don't make changes, Libra will go even harder.

5. Libra coin is the world's first cryptocurrency launched by a large Internet giant
Libra is linked to a basket of currency deposits or government bonds, and it is more in line with the public's habitual thinking that it is linked to cryptocurrencies without any asset support, such as bitcoin. Therefore, the listing of Libra currency will inevitably have an impact on the online digital currency. Some of the funds were diverted to Libra
however, the impact on real money is very limited, because the right to issue digital money will inevitably be concentrated in the hands of central banks, and private companies will not be allowed to be involved in this field.

6. Go to the blacksmith and buy a pickaxe... There's a chance that there's a mine in the mine or on the mountain. Just put a pickaxe in your backpack and you can mine without equipment

7.

I don't think Libra is so easy to circulate. The United States can't decide anything. He thought very well, circulating that, but money is a financial tool, and I'm not a person who understands finance. Let's talk about my superficial opinions. He must have professional people to manipulate the currency. If there is a problem, it will bring huge problems, such as inflation and what money is not worth. Libra is still competing against Alipay. This is basically two things. p>

what they think is very good. After all, there is no myth about Internet entrepreneurship now, and they all want to create a new myth, but I don't think this idea is very good. At least as an ordinary person, I will worry about it and won't use it. We all know that bitcoin has a very scarce factor, because bitcoin only circulates in the market at present, that is to say, no new bitcoin will be added. This scarcity also creates the idea that people want to collect very much. Therefore, the price of bitcoin will continue to increase because of its scarcity, but if a new bitcoin appears one day, Then the price is bound to fall rapidly