Does digital currency have the function of storage
No
banknotes do not have the function of storage means. Only when the value of paper money remains stable for a long time can people store paper money. The paper money has the function of storage means (in the bank), but does not have the function of storage means
The storage function of money is the function of money withdrawing from circulation and being preserved as the general representative of social wealth. As a means of storage, money can spontaneously regulate the amount of money in circulation. When the amount of money needed in circulation decreases, the surplus money will withdraw from circulation; When the amount of money needed in circulation increases, part of the stored money goes into circulation As a means of storage, money must be real and valuable gold and silver money. Only gold and silver coins or gold and silver strips can play the role of currency storage{rrrrrrr}
extended data:
function of currency:
1. Value scale
value scale is the most basic and important function of currency, that is, currency acts as a scale to express and measure the value of all other commodities. The quantity of commodity value depends on the length of social necessary labor time. Here, social necessary labor time is the internal measure of commodity value
However, under the condition of commodity economy, the amount of commodity value can not be expressed directly by labor time, but only by currency as the representative of value. It can be seen that money performs the function of value measure 2. Means of circulation
means of circulation refers to the function of money as a medium of exchange in commodity circulation. Before the emergence of money, commodity exchange was the direct exchange of goods, that is, commodity commodity. After the emergence of money, commodity exchange is carried out through money as a medium, namely commodity currency commodity. Here, money plays the role of medium in the exchange of two kinds of commodities and performs the function of circulation means
3. Means of storage
meaning: storing wealth (the symbol of wealth) is not money in concept, but must be gold and silver bars (such as metal bars, etc.) of sufficient value
Means of payment refers to the function of money when it is used to pay off debts. In commodity exchange, the sale of goods can be carried out on credit instead of cash, and cash can be paid after a certain period of time. The Seller becomes the creditor and the buyer becomes the debtor. After the agreed time limit, the buyer pays off the debt to the seller in currency. Here, money plays the role of means of payment 5. World currency
meaning: when money plays a role as a general equivalent in the world market, we call it world currency. As a world currency, it must have full value, be a precious metal block, and play its role according to its actual weight. In fact, it is gold and silver that play the role of world currency. Paper money cannot be used as world currency
function: purchase foreign goods in the world market and pay the balance of payments. The need for real money, as a representative of social wealth, is generated when countries transfer from one country to another
however, under the leadership of our party, with the rapid development of social economy, inflation is almost impossible, so we can reserve some money~
the simplest thing is that if the value of domestic real estate is not cleared, it can play a role in storing wealth. If it is necessary to say that things that will not change in value can be used as a means of storage, there is no such thing in the world, The value of money, the value of people, and even the value of a country changes anytime and anywhere. It is rare that the value will not change after ten years. At least I don't know
in addition, common items such as antiques, gold, jewelry and precious metal jewelry can play the role of storage.
The withdrawal of money from circulation is a function stored as an independent form of value and a general representative of social wealth. The reason why money can perform the function of storage means is that it is a general equivalent and can be used to buy all goods, so money storage is necessary. As a means of storage, money can spontaneously regulate the amount of money circulation and play a role of reservoir. When the circulation of goods in the market shrinks and there is too much money in circulation, a part of money will withdraw from circulation and be stored up; When the circulation of goods in the market expands and the demand for money increases, some of the stored money will re-enter circulation
there are different views on whether paper money can be used as a means of storage. The traditional view is that only the real and valuable metal currency can be preserved and used as a means of storage. However, some people think that if the number of banknotes issued does not exceed the amount of metal money needed in commodity circulation, banknotes can represent the corresponding amount of metal and maintain a stable social purchasing power. Under this condition, paper money can also perform the function of storage means. Of course, if the circulation of paper money is too large, it will not be able to maintain its original purchasing power, and people are not willing to keep it. It can be seen that even if paper money can perform the function of storage means, it is conditional and unstable
as a value symbol, paper money also has the function of money. Money acts as the medium of commodity exchange, which is called circulation means. Of course, paper money can also perform the function of circulation means. So it's right
as a means of storage, money must be metal money of sufficient value. Only when money withdraws from circulation can it be stored, while paper money has no value when it withdraws from circulation. Therefore, paper money does not have the function of storage means.
Paper does not have the function of storage means. Only when the value of paper currency remains stable for a long time, people will store paper currency. Paper currency has the function of storage means, but does not have the function of storage means
The storage function of money is the function of money withdrawing from circulation and being preserved as the general representative of social wealth. As a means of storage, money can spontaneously regulate the amount of money in circulationwhen the amount of money needed in circulation decreases, the surplus money will withdraw from circulation; When the amount of money needed in circulation increases, part of the stored money goes into circulation
paper currency depreciates sharply e to excessive issuance. When the amount of metal currency needed in circulation is fixed, the more paper currency is issued, the less metal currency the unit paper currency can represent, and the greater the degree of devaluation of paper currency
the calculation formula of the devaluation degree of paper currency, i.e. the devaluation rate of paper currency, is: the devaluation rate of paper currency = (1 - currency demand / currency circulation) × 100%
for example, if the amount of metal currency needed in circulation in a certain period of a country is 10 billion yuan and the actual issued paper currency is 20 billion yuan, then the depreciation rate of paper currency in that country is 1-100 / 200 × 100%=50%
2. It is not the currency in concept that implements the means of hoarding
among the four basic functions, only the value scale can be the currency in concept, and the others need the real currency. Storage means that the currency withdraws from circulation and the holder stores it to preserve its value.
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