Is the digital currency block reliable

1.

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

extended data

to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />

2.

blockchain is the latest computer technology, the core is decentralized, distributed accounting. Digital currency is based on the underlying technology of blockchain. It can be said that without blockchain, there will be no digital currency. But without digital currency, there may still be blockchain. It's just that blockchain will be so hot, and it can't be separated from digital currency

in the future, digital currency will continue to develop. We can take advantage of the early stage to enter the digital currency and hoard some valuable digital currencies, such as Xunlei's playcoin

but at the same time, there is an unavoidable problem of digital currency, which is the lack of real economy support. At present, only a small part of the more than 1000 kinds of digital currencies circulating in the market rely on the economic support of miners. In other words, digital currency may be worth ten thousand yuan in the first second, but it may not be worth a minute in the second

therefore, before you make digital currency, you must investigate, analyze and choose carefully, so as not to cause losses to yourself

3. Take a very simple example. For example, there is a safe with 21 million yuan in it. Everyone can take it, but the password of the safe is 2 times 3, but everyone is very stupid. Only a few people can work out 6, so the one who can work out will earn 21 million yuan. When you pay, you just need to tell someone that the password is 6, which is equivalent to giving him the money. In the same way, your computer gets something similar to the payment password (which is hard to calculate) through a lot of calculation (running bitcoin software, which is difficult to calculate, such as electricity bill and computer loss).

4. Blockchain is decentralized. This technology has been applied in many places, such as medical treatment, finance, schools, etc. there are many blockchain landing projects. It depends on which aspect. Although blockchain and digital currency are OK, they can't stand it. Some people use them to cheat people, right? At this time, it still depends on your discrimination.

5.

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

extended data

to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />