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Negative effect of digital currency on banks

Publish: 2021-03-30 10:55:20
1. Only bad news, the central bank came to regulate regulation
2. The bad news that affects the price of digital currency is the turbulence of market economy and the high and low prices affected by some news.
3. Digital currency is a kind of data structure, which combines data blocks in chronological order. Digital currency is a public account book that can not be tampered with or forged by means of cryptography

we can understand that digital currency is an account book containing all historical transactions. Each block will have several transaction records, which can be viewed by all participants. Each participant of digital currency has to maintain this account book together, Digital currency is a collection of transaction data

for example, in the field of digital currency bitcoin, there will be the concept of "miner". Miner needs to constantly repeat operations to generate workload, and each miner has competition. It needs to complete a mathematical problem based on cryptographic hash algorithm. The answer is in the area, if who works out the answer first, So who can broadcast in the network that he has obtained this block, other miners will not go to this block for mining, but will work in the next block. Miners will have more transaction costs in his block, and they will generate what we call digital currency bitcoin as a reward, and then they will go to their own digital currency bitcoin account

there is no problem with digital currency itself. There may be criminals using digital currency as a cover to cheat, which needs to be carefully screened

1. The volume of digital currency is too large. With the development of digital currency, the volume of digital currency stored in nodes is becoming larger and larger, and the computing burden is also increasing. Colleagues have also caused a lot of impact on the operation of digital currency bitcoin client

2. There is a problem with the data confirmation time. The time for a digital currency bitcoin transaction is about 10 minutes. If we confirm six times, we need to wait for an hour, which is a long time;
4. Looking back on the whole course of money development, every evolution of money form has greatly promoted the development of circulation
there are ecological changes in personal consumption, business operation and banking.
5. Digital currency does not worry about counterfeit money. If it is paper money, it worries about counterfeit money. I don't worry. I didn't take any money with me.
6. The appreciation of RMB is beneficial to companies with RMB or RMB denominated assets, including banks and real estate; Because the appreciation of RMB itself means that its purchasing power has increased, while Chinese banks are mainly engaged in RMB business and benefit from it first; Real estate is because the real estate or land it holds is priced in RMB. The appreciation of local currency in a region will lead to the influx of hot money and raise the price of land or real estate, so as to benefit the real estate
7. For the short-term negative trend of the stock market, some market participants believe that the short-term depreciation caused by the adjustment of the RMB middle price quotation mechanism will lead to a decline in the asset valuation of the local currency, leading to the weakness of financial, real estate and other related sectors, which will drag down the overall market; At the same time, once the RMB devaluation expectation is formed, it will lead to the outflow of hot money, and the liquidity environment of a shares will be tightened rapidly

ring the period of RMB devaluation, it has a short-term short-term impact on the stock market“ With the devaluation of RMB and the sharp drop of exchange rate, the attractiveness of equity asset allocation has decreased significantly, which has suppressed financial assets. "

in the short term, it will be affected psychologically, but the key is to see the expected range of depreciation in the later period

in the first case, if it is expected that it will continue to depreciate in the future, it will definitely have a negative impact on the stock market and cause the stock price to fall. And the impact of the larger plate may be more US dollar debt paper, aviation, etc; In addition, it has an impact on the sectors of asset revaluation, such as real estate, banks, etc

in the second case, if there is no expectation of RMB devaluation in the future, it is & quot; Bad cash;, There is no negative impact on the stock market.
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