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Digital money (electronic money or electronic currency) is a kind of money in digital form (different from paper money and coins)
it shows properties similar to physical currency, but it can allow real-time transaction and borderless ownership transfer. Examples include virtual currency, cryptocurrency and currency issued by central bank and recorded in computer database (including digital base currency)
like traditional currencies, these currencies may be used to purchase physical goods and services, but they may also be restricted in some communities, such as online games
digital currency is the currency balance that is electronically recorded on stored value cards or other devices. Another form of electronic currency is network currency, which allows value transfer on computer network, especially on the Internet. E-money is also a creditor's right to other financial institutions such as private banks or bank deposits
digital money can be centralized, that is, it has a central point to control the money supply, or it can be decentralized, that is, the control power can have different sources
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 preventing the risk of bitcoin, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, not in the form of currency and legal currency< At the same time, digital currency is different from electronic payment. In the actual use experience, digital money and electronic payment may feel similar, but they are still quite different in essence. Before digital currency, the financial instry has been highly informationized. Such as Internet banking, WeChat, Alipay and so on pay the popularization of electronic technology, physical cash accounts for only a very small part of the total circulation of money. In spite of this, because the money used in the transaction comes from the bank account, it actually corresponds to the banknotes.
digital currency trading platforms include BTCC, cloud coin, youcoin, yicoin and China bitcoin BTCC was founded in 2011 under the name of "bitcoin China" and headquartered in Shanghai. It is the first bitcoin exchange in China and the longest operating bitcoin exchange in the world. After five years of growth, BTCC has become a comprehensive service platform in digital currency exchange, mine pool, payment gateway, user wallet, blockchain lettering and other fields
note:
1. Investing in digital currency is very skillful, but also very cautious. After all, not everyone can make money by investing, and a careless person may fall into the abyss, so it is very important to supplement this knowledge
In the short to medium term, you should not rely too much on digital currency investment. In the worst case, you should be ready to bear the loss of all the money