Disadvantages of forum digital currency

1. Legal risks faced by digital currency: (1) at the macro level, there are legal risks, systematic risks and consumer protection. At present, the legislative problems of e-commerce and e-payment have not been solved, the concept of e-currency and related provisions need to be clarified, and many laws and regulations have not been followed up. Secondly, there is a systemic risk caused by the collapse of a single issuing institution. If a certain issuing institution loses confidence in e-money e to its poor management, other e-money issuing institutions will also face run risk. Moreover, in the absence of standardized supervision, it is difficult for the public to effectively identify the qualification and credit level of issuers. How to effectively prompt risks and protect the rights and interests of the public has become a difficult problem. In addition, the concealment, rapidity and cross-border nature of Internet payment make e-money an inevitable money laundering tool for criminals 2 At the micro level, there are technical risks and credit risks in the main body of e-money issuance. The issuers of e-money in China include banks, non bank financial institutions, Internet enterprises and other enterprises. Due to the weak financial professional foundation of some issuers, especially the lack of mandatory technical security standards in China, there are serious management loopholes and security risks in e-money issuers. System software or hardware failures will affect the availability of e-money. Secondly, the unreasonable structure of assets and liabilities and high concentration of investment will lead to the lack of liquidity and the risk of default. In addition, the payment and circulation of e-money rely heavily on all kinds of networks, and there are all kinds of operational risks, such as deliberate embezzlement of other people's accounts, internal crimes of issuing institutions and malicious intrusion of hackers, which will damage the interests of e-money holders. bitcoin, Ruitai and other digital currencies are suitable.

2. Digital currency does not worry about counterfeit money. If it is paper money, it worries about counterfeit money. I don't worry. I didn't take any money with me.

3. There are many aspects of the investment risk of data currency. First of all, digital currency has no regularity of value, that is, it has no certain orientation in many aspects

4. Similar to Alipay and WeChat pay, no physical bills, you will spend faster, because spend money without shadow, no trace, finally the money became a figure, let people become no basic concept of money.

5. Hacker attack
bitcoin can exist only because both sides of the transaction recognize its transaction value, so anyone can design virtual currency independently. Ars technica, for example, announced this week that it would create its own cryptocurrency, arscoin[ 2]

Cohen believes that the main threat to digital cryptocurrency is how to keep it safely, and the loss of mt.gox bitcoin once again highlights this problem. Recently, the US Congress has also launched a debate on digital cryptocurrency. Some members believe that the supervision of the bitcoin should be strengthened to avoid risks. Another congressman, Jared polis, believes that the US dollar has similar defects to bitcoin, so if bitcoin is banned, then the US dollar note should also be banned[ 2]

digital currency has a short history of development in the world, but it develops rapidly. Many countries are trying to sum up experiences and lessons through official or non-governmental efforts.

6. You take Metro Line 1 to Zhongshan North Road station, then Zhongshan North Road East to North District bus station (southeast corner of Gonghexin intersection of Zhongshan North Road), take Shenchong line to chenjiajiao of Chongming, Shenchong line to Chengqiao town of Chongming County

7. I've never heard of this kind of digital currency, and now I'm not sure whether it's deceptive or not. However, there are a lot of money in digital currency circle now, so players need to be careful, especially those coins that are not well-known
it is suggested to pay more attention to the mainstream digital currencies such as bitcoin, Leyte coin and dogcoin, as well as the application-oriented digital currencies in China.

8. Digital currency is real, not a scam. At present, the central bank is also preparing to develop digital currency. Please have some common sense