Seriously undervalued digital currency
digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. 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
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk
warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 11, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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To guard against the possible risks brought by bitcoin, we know that digital currency represented by bitcoin has high risks. This kind of risk is mainly reflected in two aspects: first, the limitation of digital currency makes it used as investment goods, and the price is extremely unstable. Those who do not understand the principle of digital currency and pay too much attention to speculation are easy to suffer losses for various reasons
Secondly, national digital currency is linked to its own legal currency to a certain extent, so it effectively avoids the price volatility of bitcoin. Because the CBDC issued by our country is guaranteed by the credit of the central bank, it must be a stable currency. In today's international situation, the research and development of digital currency in China is of great significance. The introction of digital currency is not an expedient measure, it has become the development direction of China's future currencyIn the eyes of speculators, the value of virtual currency can be expected. The value of money is not the same as that of general commodities. It does not lie in its own value, but mainly comes from the degree of recognition
there is a commodity widely criticized as a fraud, which is also very expensive and has a certain degree of similarity with bitcoin. That is the symbol of love which is hyped by businesses and recognized by the public - diamond
the price of diamonds is very expensive, but in fact, if not as decorations and souvenirs, the practical value can not support the amazing price
However, this does not affect the market value of diamonds at all. The reason is very simple, people have accepted the existence of diamond as a symbol of love, in the decoration and souvenir market, diamond is highly recognized. As for legal tender which is closer to virtual currency, its value almost entirely comes from the high degree of recognition brought by government credit guaranteebitcoin has brought the blockchain technology into the public's attention. If the virtual currency based on the blockchain technology can be widely recognized one day, the value of bitcoin is beyond doubt. So it's a bit early to conclude that virtual money is worthless. If it is an undoubted fact that virtual currency is worthless, no one will hype any virtual currency including bitcoin. The reason why many people hype virtual currency is very simple. Some people think that virtual currency is not only valuable, but also undervalued
or use the USB flash drive to check if it is normal
digital currency itself is legal in China. Digital currency is defined as Internet goods in China, but the relevant supervision is still blank, and digital currency is still in the gray area in China. Well known digital currencies include bitcoin, Leyte coin, Ruitai coin, thousand gold card, dog coin, etc
however, there are also some non issuers who use the cover of digital currency to carry out pyramid schemes, such as the Vicat scheme, treasure scheme and Porter scheme exposed by bitcoin home<
development materials:
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. 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
source: Internet: digital currency