The influence of digital currency on Chinese politics

1.

It's illegal

the central bank indicated that it has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency

In addition, the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud

extended information:

virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency

in 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency

2.

Hello, the replacement of paper-based RMB by digital RMB is basically certain. Just as the era goes from entity to e-commerce, RMB also goes from offline to online. Its function is exactly the same as paper money, that is, the digital version of paper money

at present, China's digital currency is a leading technology, which is bound to accelerate its digital currency construction in the short term, in order to find the gap with DCEP. However, DCEP can ultimately promote the nationalization of RMB, still depends on the steady growth of domestic economy and the international circulation ability of RMB itself, not only on the digital technology of RMB, but also has a long way to go

3. Knowledge based military, intelligent weapons, digital battlefield, information war and deterrence strategy have become the basic trend of military development in the 21st century, and the discipline comprehensiveness is more prominent. In the future, any solution to military war problems, science and technology problems, social development problems and environmental problems will be highly comprehensive, and almost all disciplines and specialties can become the research objects of national defense science and technology. In 1993, the U.S. Department of defense launched an action to jointly formulate a defense science and technology plan, and proposed to the Joint Chiefs of staff the 2010 joint operations vision, the joint operations science and technology plan, the defense technology field plan, and the basic research plan, covering almost all military related science and engineering fields. The basic research program alone covers 12 disciplines, including physics, chemistry, mathematics, computer science, electronics, materials science, mechanics, marine science, earth science, atmospheric space science, biological science and cognitive neuroscience. We should change our traditional thinking, build an advanced and reasonable discipline system of national defense science and technology, create a world-class university with our military characteristics, and enrich and develop national defense science and technology in accordance with the development mode of "military, comprehensive, research and open". The characteristics of military confrontation are distinct“ The rule of "there is a spear, there is a shield". Science and technology itself is a double-edged sword, while national defense science and technology have more distinctive military antagonism: reconnaissance and anti reconnaissance, stealth and anti stealth, jamming and anti-jamming, guidance and anti guidance, destruction and anti destruction, virus and anti-virus; Tank anti tank, missile anti missile, aircraft carrier anti aircraft carrier, satellite anti satellite; Air attack and anti air attack, landing and anti landing, blockade and anti blockade; Information attack and defense, electronic countermeasure, missile attack and defense, system of systems countermeasure; Weapon informatization and information weaponization, new concept weapon and new concept weapon all embody two aspects of one problem. New concepts of weapons emerge one after another. New concept weapon is a historical category, and its breakthrough is of milestone and epoch-making significance. In the era of cold weapons, it is difficult to divide attack and defense when short soldiers fight; In the era of hot weapons, the combination of attack and defense, long-range mobility; In the era of nuclear weapons, it is extremely powerful and can deter qu bing. In the future battlefield, there will be too many new concept weapons: kinetic energy weapons such as electromagnetic energy launchers and electrothermal guns, which use electric pulse power as energy to break through the speed limit of conventional artillery systems; Laser weapons, high-power microwave weapons, particle beam weapons and other directional energy weapons have changed the traditional thinking of "gun, gun and bullet", and realized the dream of "gun without bullet, zero hour flight, direct aiming"; Gene weapons can destroy a certain race or a certain kind of people; The infrasonic weapons hide the killing machine in the silent place, which makes it more difficult for people to defend; There are also micron / nano weapons, digital intelligent robot forces... The new concept of weapons is the broad sense of weapons, which regards all means beyond the traditional military field, but still can be used in war operations as weapons. In the era of information network, man-made stock disaster, hacker intrusion, false intelligence and power failure can be included in the new concept of weapons. The new concept of weapon provides direction for the new concept of weapon, and the new concept of weapon makes the new concept of weapon fixed. New concept weapon is the concentrated embodiment of military knowledge innovation and military technology innovation. In the era of knowledge military with the rapid development of national defense science and technology, new concepts of weapons beyond the modern era emerge in endlessly, and new concepts of weapons beyond the future will continue to emerge. The al-use of military and civilian is increasingly obvious. Modern high technology is almost all al-purpose technology, with the characteristics of strong versatility. The progress of science and technology in the field of information and the Kosovo war show that the boundary between the army and the people is becoming more and more blurred. The basic science and technology involved in national defense science and technology include infrared technology, low light level technology, laser technology, radar technology, optical fiber technology, photoelectric inertial technology, integrated optical technology, computer technology, communication technology, artificial intelligence technology, virtual reality technology, and management technology. Most of them are highly versatile technologies, It can support the development and transformation of many kinds of weapon systems, and has distinct al-use characteristics. Dual use, mutual promotion, is a direction. On the one hand, in the design phase of the new system, civil technology, procts, practical experience and capabilities should be used as much as possible, and the economic bearing capacity should be fully considered; On the other hand, many key technologies of national defense are being developed or matured in the commercial and international fields. Therefore, the proction of military procts and civilian procts will rely on the same instrial base as much as possible to give full play to the advantages of economies of scale and technological innovation of civilian instry. At the same time, the military system and national defense departments will also maintain stable scientific research funds, maintain investment in key defense science and technology fields, carry out high-quality basic research, cultivate future scientific and technological teams and "smart buyers", promote cooperation between scientific research institutions inside and outside the military, accelerate technology transfer, and selectively use technology to meet social needs.

4. The core value of CBDC can be summarized as four points: first, the original purpose is to let the central bank better manage money creation and supply, enhance the effectiveness of monetary policy transmission mechanism and better deal with the business cycle. Second, the construction of payment and clearing infrastructure based on blockchain related technologies can rece costs and increase efficiency. Digital currency can greatly rece the cost of currency issuance, circulation, use and other links, and realize banknote free transactions, which is also in line with the current trend of rapid development of electronic payment. Third, it has given the central bank stronger control over the monetary system, such as KFC, anti money laundering, anti-terrorism financing, and some targeted policies. Before the launch of Libra, the central bank attached importance to CBDC mainly for the above three purposes. But now, the significance of CBDC in promoting the internationalization of RMB has become more important than ever. This is the fourth purpose of the central bank. Judging from the current progress of RMB internationalization, there are indeed many difficulties. One is the US led encirclement and interception, and the other is the turbulence in the stock and exchange markets. In order to break the encirclement led by the United States, realize the normal development of the stock exchange market and the foreign exchange market, and realize the internationalization of RMB, it is really a good way for the central bank to issue digital currency. On the 10th anniversary of RMB internationalization, RMB internationalization has made remarkable achievements. 13 international financial institutions around the world began to pay attention to China's bond market. In the tide of interest rate rection in developed countries, negative interest rate has become a conventional means, and China's bonds are very competitive in the world. As of the second quarter of 2019, 38 countries have signed currency swap agreements with China, with a total amount of 3.67 trillion yuan. The one belt, one road, which one belt, one road to push forward, is continuously creating demand for RMB internationalization, and the export of RMB has become an important means of "one belt and one road" internationalization of RMB. In addition, RMB is one of the most active currencies in the global foreign exchange market, and London has surpassed Hong Kong as the world's largest offshore RMB foreign exchange trading center. With the steady development of China's economy, RMB assets will continue to be favored by all countries in the world< One belt, one road or other friendly country, was also shared by the Central Bank of China when it issued the CBDC. It shared some of the mint rights with br />
CBDC. How to participate? Including the following two cases, let's take Kazakhstan as an example. The first is that Kazakhstan can issue RMB denominated Kazakh government bonds. The issuer is Kazakhstan, but the RMB denominated bonds are sovereign bonds for Kazakhstan, which can also be sold to the Central Bank of China in exchange for CBDC. The second is that Kazakhstan issues treasury bonds denominated in its own currency, which are issued by Kazakhstan and priced in its own currency. This method is the easiest for Kazakhstan, because this is their own national debt, which is sold to the Central Bank of China, which gives it CBDC. The similarities between the two lie in that they both sell treasury bonds to the Central Bank of China, but the issuers of treasury bonds are not the same, and the pricing currencies of treasury bonds are not the same, so the requirements for Kazakhstan are not the same. In theory, these ways can be used as a political tool to influence and regulate the relationship between the Chinese government and Kazakhstan<

4 digital currency will become the biggest magic weapon of RMB internationalization

China is now facing the biggest challenge, in terms of currency, in fact, the internationalization of RMB. The monetary settlement system based on US dollar has brought great problems to the decision-makers outside the US dollar. The best way to rece the status of US dollar is to replace us dollar with a global digital currency to end the dominant advantage of US dollar. The Chinese version of CBDC is likely to become the biggest magic weapon to promote the internationalization of RMB and end the hegemony of US dollar. The opportunity for RMB internationalization lies in the trend of de dollarization. Therefore, we need friendly countries other than US dollars to participate in China's digital currency. Taking the lead in the use of digital currency in block trading and financial settlement to bypass the restrictions on trading in US dollar will certainly realize the development of de dollarization and form a new currency trading system dominated by China and participated by many parties. So how to achieve it? In essence, it is to transfer benefits, so that non dollarized friendly countries can participate in the issuance process of CBDC, and even share the seigniorage of RMB. It is the most effective magic weapon to embody the spirit of democratization and benefit sharing of blockchain and bitcoin in the design of sovereign currency, which is also the most practical way to realize the internationalization of RMB.

5.

The rise of financial technology promotes the digital and intelligent development of finance, and the form of money is also developing. With the rapid development of information network communication technology, electronic payment has been popularized rapidly, and legal digital currency is also developing< China vigorously promotes digital currency, and the development of digital currency has great positive significance for China's economic development

finally, it is difficult for users to feel the difference between digital RMB payment and third-party payment in their daily consumption. In comparison, the use of digital RMB payment is more convenient than the third-party payment , and digital RMB payment is not limited by the network and payment scenarios. Digital RMB is the financial infrastructure built by the state, and there is no charge for the cashing and redemption of digital RMB. Digital RMB can be used to pay third-party payments. However, for those who need convenient electronic payment, people without financial accounts can also use digital RMB< Digital RMB supports controllable anonymity, which can better protect users' privacy

6. The traditional currency is "currency", that is, it can exchange any commodity, and its use is unrestricted. Because it does not carry information, it is difficult to trace. If the traditional currency expands with the growth of data, it will lose the function of value measurement, that is, it will become waste paper. However, digital currency is different. Although it is also "currency", it can carry information, so it has stability and can be used as the "anchor" of data assets rather than being "carried away" by data assets
in fact, the core attribute of bitcoin, which was the first to practice the concept of digital currency, is that the total amount of bitcoin can be controlled, so it can be used to measure the value of other commodities rather than being determined by other commodities. Of course, in terms of nature, bitcoin is a specific virtual commodity, which does not have the same legal status as currency and cannot and should not be used as currency in the market
therefore, from a strategic perspective, under the background that informatization and digitization have become one of the main trends of economic development, the issuance of sovereign digital currency is the general trend.

7. Drive north from the bus station to the turntable of the national land building and go straight West