Digital currency and GPS
1. The concept range is different. bitcoin is a kind of digital currency, and the concept of digital currency covers bitcoin
However, some digital currencies have independent issuers The biggest difference between bitcoin and other virtual currencies is that the total quantity of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 milliondigital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Bitcoin is a 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 currencies, such as bitcoin, lettercoin and ppcoin, are electronic currencies 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. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
illegal digital currency
in recent years, "virtual currency" represented by bitcoin, Ethernet currency and Leyte currency has been traded centrally on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life
not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender (legal currency) issued by monetary authorities, but a specific virtual commodity in essence
therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing
digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
response time: August 3, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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digital currency is also different from virtual currency. For example, we are familiar with the virtual currency and the recharge currency in various games. These virtual currencies can only be purchased with real currency, but cannot be converted into real currency
in the world, bitcoin is probably the most famous digital currency. In addition, there are "Wright coin", "Dog Coin" and "Yuan Bao coin" in China.
the people's Bank of China has been studying legal digital currency since 2014. According to the relevant person in charge of the digital currency Research Institute of the people's Bank of China, at present, the research and development of digital RMB is steadily advancing. Under the premise of adhering to double-layer operation, currency (M0) substitution in circulation and controllable anonymity, the digital RMB system has basically completed the top-level design, standard formulation, function research and development, joint debugging and testing, etc., and followed the principles of steady, safe, controllable, innovative and stable development The principle of practicality
the relevant person in charge of the digital currency Research Institute of the people's Bank of China stressed that the current online transmission of DC / EP information is the test content in the process of technology research and development, which does not mean the official launch of digital RMB. The current closed test of digital RMB will not affect the commercial operation of listed companies, nor will it affect the RMB issuance and circulation system, financial market and social economy outside the test environment< In short, the digital currency of the people's Bank of China is the electronic version of RMB
when it comes to digital currency, your first reaction may be bitcoin or Libra, which Facebook plans to launch< However, unlike these so-called digital currencies, the digital currency to be launched by the Central Bank of China has national credit endorsement, which can be said to be the electronic version of RMB. Therefore, the digital currency of the central bank has the nature of legal compensation
more importantly, with the endorsement of the state, the value of the central bank's digital currency will be more stable. Bitcoin and other so-called virtual currencies can not guarantee the stability of currency value, so it is common to be "cut leeks"
from the perspective of usage scenarios, the central bank's digital currency does not pay interest, and can be used in small, retail and high-frequency business scenarios, which is no different from paper money. At the same time, the use should comply with all the existing regulations on cash management, anti money laundering and anti-terrorism financing.