Should we use digital currency

1. 1. 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

2. 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

warm tips: ① the above contents are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts. ② There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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2.

Digital currency is a general term used to describe all forms of electronic currency, whether it is virtual currency or cryptocurrency. It is a form of data expression of value. Through data transaction, it plays the functions of transaction medium, accounting unit and value storage, but it is not the legal currency of any country or region

the concept of digital currency was first put forward in 1983. They only exist in digital or electronic form. Different from the actual paper money or coins, they are invisible. They can only be owned and used on the Internet through e-wallet or designated network. The advantage of digital currency is that there is no bank, the transaction is instant, and the transaction cost is very low. So: coin, token and virtual currency belong to digital currency

the main characteristics of digital currency

1. In terms of payment and settlement, it does not rely on institutions. It is a publicly accessible digital general ledger maintained by the whole distributed network, which is called "blockchain"

2. In terms of issuance and proction, the essence is to keep accounts on a mutually verified public accounting system. Under a certain algorithm mode, find out a string of random codes that meet the conditions, and then package this string of codes with other transaction information into a block and record them in this account book, so as to obtain a certain amount of digital currency

(3) it has no national boundaries, which makes it flow around the world. Virtual world corresponds to the real world, through the exchange relationship between digital currency and traditional currency, under certain conditions, specific digital currency can buy physical goods, and traditional currency can also buy specific virtual goods

In theory, its distributed general ledger system can prevent any participant from forging digital currency and rece transaction risk

The lower transaction cost of digital currency will promote banks and other financial institutions to improve service level and rece transaction costs

Digital currency and mobile financial business model can promote the development of Inclusive Finance

3.

Digital currency can be understood as the digitalization of RMB, which has two obvious advantages: "no account payment" and "no network payment". After Facebook launched Libra this year, the central bank's digital currency has also stepped in. We see both challenges and opportunities

in a word, digital currency is still RMB in fact, but some changes have taken place in its form. We say that digital currency is of great significance. It not only enhances the security and controllability, but also makes counterfeit currency "invisible". In addition, the issuance of the central bank's digital currency is also concive to the central bank's more convenient and transparent management

4.

Why a digital currency is valuable is mainly measured by the following methods:

1. The market depth of a digital currency, such as bitcoin and Leyte, is very deep

2. The application scenarios of a kind of digital currency, for example, the digital currency on coin Ying China platform will correspond to the corresponding physical assets, which are regarded as the digital currency of assets

3. The social recognition of a digital currency, bitcoin has been widely recognized in the world

it is recommended that you do not speculate in currency. It is risky to speculate in currency. If you have to, you can choose a safe ( currency exchange digital currency trading platform), I used it before, and I feel it is good

5. At present, the only legal digital currency in our country is issued by the central bank, so you don't have to choose it. It's right to go to the central bank to buy it.

6.

When people still think that digital currency is a joke in the virtual world of the Internet, Mu Changchun, deputy director general of the payment and Settlement Department of the people's Bank of China, said at the third Yichun community forum of CF40 on August 10,

digital currency

Second, to avoid hype before, people criticized the digital currency because it became a grey Swan after being hyped. Wearing the packaging of blockchain applications, digital currencies such as BTC are virtual currencies created on the basis of blockchain applications

Thirdly, we should assiously integrate into the digital currency era from the perspective of improving the availability and the application intention of the masses, the central bank's selling of digital currency adopts a two-tier business framework,

the decision-making adopts a two-tier framework, which is also to make full use of the resources, talents and technical advantages of commercial institutions, promote independent innovation and market competition

the era of digital currency has come, so don't go against the development trend. The use of digital currency is an inevitable trend. In this situation, we should assiously integrate the authenticity of digital currency. Although it is virtual,

is exchanged by commercial institutions for everyone, it is also very missing, which is real gold and silver. At this time, it seems that the new pattern and new trend are very critical. Try to do something that meets the long-term trend opportunities and integrate into the overall upward opportunities of the sales market