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The scarcity of digital currency

Publish: 2021-05-09 02:57:07
1.

1. The concept range is different. bitcoin is a kind of digital currency, and the concept of digital currency covers bitcoin

However, some digital currencies have independent issuers

The biggest difference between bitcoin and other virtual currencies is that the total quantity of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

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. Bitcoin is a digital currency

digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold

today's digital currencies, such as bitcoin, lettercoin and ppcoin, are electronic currencies created, issued and circulated by means of check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency

< H2 > extended data

illegal digital currency

in recent years, "virtual currency" represented by bitcoin, Ethernet currency and Leyte currency has been traded centrally on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life

not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender (legal currency) issued by monetary authorities, but a specific virtual commodity in essence

therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing

2. Block eye analysis: digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions). In short, it is the electronization of RMB, which is equivalent to paper currency, but more flexible than paper currency. It can track the flow of your money and pay without the Internet
digital currency has the main characteristics of network packet. This kind of data packet is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data packet comes from and goes
based on the characteristics of digital money, the direct benefit of digital money to the central bank is not only saving the cost of paper money issuance, circulation and settlement, but also enhancing the central bank's ability to control funds.
3.

Digital currency is a new type of investment. Compared with other familiar investment procts such as stocks, bonds, funds, real estate and art, digital currency is essentially different in basic principles, supply and demand pattern and internal mechanism. Before investing in digital currency, we should deeply understand the basic principles and value basis of digital currency. Let's first look at the history of money

As a general equivalent, the essence of money lies in social identity

the three foundations of the value of digital currency are excellent nature, payment network and general recognition. First of all, digital currency itself has a series of excellent characteristics, including thorough digitization, thorough Internetization, high separability, security and simplicity based on Mathematics and cryptography, decentralization, high transparency and scarcity Low cost, no boundary, zero threshold, fairness, unforgeability, tampering, anonymity and so on

Secondly, digital money itself has built-in payment network, while the issuance and circulation of the traditional financial system are separated. Recently, the payment network supporting digital currency is becoming more and more perfect

Finally, e to a series of excellent properties of digital currency. With huge prospects and infinite possibilities, the number of its users has soared, and more and more people and investors begin to pay attention to digital currency. In just a few years, digital currency has achieved rapid development, new models and new concepts emerge in endlessly. The instry is more and more confident in the future digital economy dominated by digital currency, and the general recognition of digital currency is rapidly forming

it can be predicted that with the evolution of digital currency technology in the future, digital currency will graally move towards the mainstream and become the dominant currency of Internet economy. Try to make an all-round text interpretation of digital currency, readers still inevitably fall into the situation of blind people feeling the elephant. Therefore, you can download a bitcoin software, buy a bitcoin and trade it several times. Naturally, you can have a deeper understanding of digital currency and have more confidence in the future of digital currency

4. The expansion of digital currency is a very normal phenomenon, which was and is still the case. Just yesterday, bitcoin fell below 7000 from nearly 9000. History is always astonishingly similar. A notice from the central bank in 2013 caused the price of bitcoin to drop from more than 6000 to less than 2000, but bitcoin still survived
the future of digital currency is still very far away. Bitcoin, ethereal currency and Leyte currency are now reced to a tool of speculation. If there is an application, the digital currency on coin Ying China can be regarded as an application, which combines digital currency with crowdfunding.
5. Let me tell you a few points briefly
the subject of the project (private, ordinary company, or foundation)
White Paper Writing (what level and direction will naturally position yourself)
legal opinions (white paper compliance, non securitization certification, private placement, public offering related compliance provisions, etc.)
what packaging? How to publicize? What platforms are there? Channel? Media
what exchange (also divided into 369 and so on)
these are all symbols of the strength of the project!
6. Bitcoin, Ethereum, EOS, etc, BTC and so on, many of them are worth buying. You can go to "coin exchange" to have a look.
7. There are many people who accept it, and some people accept it
8. Let's take bitcoin as an example:
bitcoin has value because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source
of course, the same is true for such digital currencies as Leyte, doggy, Ruitai, decent and Ethereum.
9. It should not, because under special circumstances, cash is more reliable than digital currency. For example, there is no flow or mobile phone. Currency in circulation has a history of thousands of years in China, and it can not be replaced overnight
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