Can digital cryptocurrency replace traditional currency

1.

Encrypted digital assets: encrypted digital currency is not issued by legal tender institutions and is not controlled by the central bank. It is based on the open source code of a group of equations calculated by computers all over the world. It is generated by a large number of operations of computer graphics card and CPU, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The design based on cryptography can make the cryptocurrency only be owned by real users

encrypted digital asset is also a kind of gold existing in the network world, which is a kind of encrypted digital currency based on the block chain technology and using the digital encryption principle. In a sense, it has the same circulation function as ordinary currency. Encrypted digital assets apply blockchain technology to the global financial field, which makes consumers all over the world make business investment through encrypted digital assets, and create a new business model of win-win between investors and users, which is a trend for development

virtual currency:

virtual currency (enterprise currency) is self issued by companies or private indivials. It can be issued indefinitely, and it does not need to be obtained by solving the equation through the CPU program of computer graphics card. Because it can be issued unlimited according to the market demand, it does not have the value of collection and appreciation. There is no ore pool website, no original code. Price can be manipulated, mostly one-way relationship

2.

1、 Different definitions:

1. Virtual currency:

virtual currency refers to non real currency

Digital currency:

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

3. Cryptocurrency:

cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units

4. Token (token):

a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English

Second, the characteristics are different:

1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency

2. Digital currency:

is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities

Cryptocurrency:

cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system

4. Token (token):

usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods

extended data

at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company

digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

3.

Differences:

non encrypted currency (enterprise currency):

1, personal behavior

2, company's own currency

3, unable to decentralize

4, unable to trade on international trading platform

5, unlimited issuance

6, no mine website, no original code

7, controllable price, mostly one-way relationship (dining ticket of an enterprise, Qmoney and so on)

open source digital cryptocurrency:

1. Decentralization -- not regulated by indivials, companies and national banks

2. Limited issue

3. Free trade on international trading platform

4. Original code

5. Not taxed, not frozen, uncontrollable price

cryptocurrency advantages:

1. Compared with paper money, Save the cost of printing, data audit, anti-counterfeiting, escort circulation, safe keeping and so on

2. It is impossible to control the number of issues without issuing institutions

3. Borderless. If you use cryptocurrency transaction, directly enter the account address, click the mouse, wait for the network to confirm the transaction, a lot of money will pass

4. Using cryptocurrency in any store can save the cost of tax and capital supervision

5. It is not controlled by the central bank and the quantity is limited, so it can completely resist the pressure of inflation. Let the wealth of the common people keep its value and increase its value The cryptocurrency other than bitcoin is also known as counterfeit currency and competitive currency (English: altcoin). Part of it is a virtual currency similar to bitcoin, which is based on the ideas, principles and source code of bitcoin. At present, more than 800 cryptocurrencies are in circulation

because bitcoin itself does not have an authoritative issuing institution and state power to maintain its authority and uniqueness, bitcoin and its imitators can only get along equally. It is not absolutely exclusive

4.

1. Digital money supply:

for example, the supply of bitcoin may be limited (21 million), which is expected to be fully exploited by 2040, but even so, the availability of money will fluctuate with the speed of its entry into the market and the activities of its holders

2, the value of the digital currency: the value of the

digital money market and the expectation of its currency will affect the behavior of traders, choose to participate in a blowout market or short bubbles. p>

3. Negative reports:

any currency will be affected by the public perception, especially digital currency. Even in its heyday, its security, currency value and currency circulation have been questioned

4. Resource integration:

establishing the image of digital currency and building the confidence to defeat traditional currency depend on its integration with new payment system and crowdfunding platform

5. Instry acceptance:

bitcoin and other digital currencies have not been widely accepted by global enterprises, and the impact of placing it in a more important position in enterprises is unknown

6. Key events:

any major event, including regulatory changes, security loopholes, macroeconomic setbacks, may have a serious impact on cryptocurrency

extended data

monetary characteristics:

as a non fully circulating asset, the strong price of digital cryptocurrency must be supported by reserves; The price fluctuation depends on the real-time transaction demand of bitcoin to legal currency

the biggest feature of digital cryptocurrency is that it is global. No matter where you are, of course, the human beings in the Mars bunker outside the earth have no problem. As long as you can log on to the network, you can freely control your own assets within the scope of the global network, which is safe and convenient. The assets in an address can be controlled independently or jointly (multi signature smart contract)

5.

Digital cryptocurrency is a kind of currency that is not issued by legal tender institutions and controlled by the central bank. It is based on the open source code of a group of equations calculated by computers all over the world, and is generated by a large number of calculation processing of computer graphics card and CPU. It uses the design of cryptography to ensure the security of all aspects of currency circulation

development materials:

1. definition of digital currency:

   digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English and the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy< br />

   

6. Here's what central bank governor Zhou Xiaochuan said: in the future, digital currency will graally replace traditional currency
we can't say the timetable of digital currency yet. China has a large population and a large volume. For example, a new version of RMB can be changed in a few months for small countries, but it will take about 10 years for China. Therefore, digital currency and cash will be parallel and graally replaced for quite a long time. In the later stage, the transaction cost of cash will graally rise. For example, in the past, banks were asked to count a large number of coins, and there was no charge for them. Later, they may need to charge. With the incentive mechanism, people will naturally use more digital currency, but the two will still co deposit in the longer term
the central bank's issuance of digital currency is also inspired by cryptocurrencies such as bitcoin and lettercoin, and the European crowdfunding model of combining digital currency with real assets also draws on the experience of bitcoin.

7. The value of digital currency is to replace paper money and become the mainstream form of currency. It is also the trend of social development that digital currency replaces paper money. Now the central bank has started to develop digital currency, and it is possible that it will meet with us in recent years. However, when this digital currency was born, there may be many restrictions, and it is impossible to popularize it in a large scale
however, the digital currency planned by the central bank is also different from bitcoin, Leyte, decent and other digital cryptocurrencies, but it will be used for reference.

8. Find the corresponding copper furnace or iron furnace in the instry on the left. If it is not, it can't be mined. If it is built near the mine, workers will dig it automatically and have enough timber reserves. Otherwise, it can't make steel or copper. Remember to build the inspection tower. The inspection tower must be built for instrial buildings.

9. The purpose of the invention of bitcoin is to replace paper money and achieve absolute fairness in the lending process
it's like an account book. We can record all our loans on it. Anyone can write on it, but how can we ensure that others don't Scribble
you will want to sign at the back, but someone will fake your signature. So we need to use electronic signature, that is, each account will generate a key, which only you know, and then confirm that the signature is your own through the public key
the above is only a safe way of lending, but it still needs a website to act as a bank, so the website can modify the amount of lending at will, and there is no law to restrict it
therefore, it is necessary to decentralize, that is, to publish one's own account and let everyone share it, so that the opposite side will not cheat. But how do you make sure people don't tamper with your bills
first of all, an account book must be divided into one page, that is, blockchain. According to the content of the blockchain, a hash function (a bit like a key, but with different functions) will be generated. The hash function is a one-way function and can't be pushed backward, so you can only rely on guessing to decipher it. The amount of enumeration needed to decipher a password is called workload. Then the computer will stamp the proof of workload on your bill, and the proof of workload means there is no mistake. So how can you convince others that you're not lying
this requires credibility. The measure of credibility is workload. The bill with heavy workload has more credibility. The workload here does not refer to the amount of calculation, but refers to the number of bills, that is, the number of blockchains. The more repeated the same account is received, the stronger the credibility is. Because others will sort out the accounts they receive, and then re publish them, which is an infinite cycle process. This prevents people from cheating by not publishing their bills
every time a blockchain is released, it will be rewarded, that is, "mining". But in order to prevent the unlimited expansion of bitcoin, bitcoin will dig less and less, that is, the rewards will be less and less. Therefore, players want to increase the release volume of blockchain by paying others a reward (service charge) at their own expense, and at the same time form its monetary function
furthermore, the total number of bitcoin is unchanged, but more and more people use it, so it is more and more difficult to dig, which is why many people have been complaining about the mine disaster
in my opinion, bitcoin is not so much a currency as a game. In short, it means that you pay more for mining, and the more you dig, the more you win.

10.

In October, Thailand is still dominated by short-term humid weather, with an average temperature of about 27 and 28 degrees

although it is generally believed that October is still rainy season in Thailand, there is less rain in October, which usually lasts only 2 to 3 hours every day, usually in the morning, and then around 5 pm

in terms of clothing, it's better to wear short sleeves outdoors, and it's cooler indoors, so it's better to bring a coat

Thailand is not a traditional tipping country, but because there are more tourists in Europe and America, they graally have the habit of tipping. Tipping is a kind of etiquette, and there is no hard and fast rule. It is suggested to tip the bellman, room service, masseuse and Banshee of the hotel, usually starting from 20 baht. Note that you should give notes instead of coins, which are used to send beggars

tip suggestion

restaurants: generally, there is no need to tip. If you dine or stay in a high-end hotel, the service charge is usually included in the bill (about 7% - 12%), or you tip the waiter 20 baht

accommodation: 20 THB / day / room, at the head of the bed, and the waiter who cleans the room every day will pick it up

luggage: 20 THB / time / room

massage: 50-100 THB, depending on the service quality or professional level of the masseur

riding an elephant: pay the trainer about 20 baht each time

group photo with human demon: About 20-100 baht each time

by boat, driver: 50 THB

pre departure matters

? Purchase insurance? Apply for visa

if you apply for landing visa, Need to prepare:

1) Chinese passport valid for 6 months

2) two 2-inch white background photos

3) THB 2000 landing visa fee

4) visa form (available at the landing visa Office of Thailand's local airport)

5) return ticket itinerary sheet

= foreign currency exchange □ confirm that the photo is valid for more than 6 months □ mobile phone installation of travel related app

documents / backup

Passport, ID card, hotel advance order, ticket itinerary, insurance policy, emergency contact information, backup of important documents (photoing or photographing)

capital, cash, change and wallet (no less than 20000 baht or 4000 RMB or equivalent foreign currency per person, bank credit card is invalid)

> UnionPay card (UnionPay card is widely used, Appropriate amount can be exchanged for Thai baht) × credit card

electronic / digital

= power bank □ all kinds of chargers

clothing

= seasonal clothes □ casual shoes □ pajamas □ slippers

daily necessities

= toiletries (not available in some hotels, Self provided or locally purchased) × skin care procts / cosmetics

> sunscreen: spf50 + × sunglasses □ wipes / paper towels / physiological procts □ razors

pharmaceutical procts

> eye drops / nursing solution □ band aids □ painkillers / cold drugs / gastrointestinal drugs and other commonly used drugs □ seasickness drugs □ anti mosquito stickers (can be purchased locally) × kairuitan (tropical fruits and food are easy to cause allergy) × heatstroke prevention drugs

Other

> cultural customs and taboos

wedding ceremony

when Thai people meet, they should greet each other by closing their palms in front of their chests. The method is to put their palms together and put them between their chests. This is a greeting ceremony, which is equivalent to a handshake in the West. The higher the palms are raised, the higher the palms are, The more respect you show

royal family of Thailand

there is still royal family in Thailand, and people respect royal family very much. To criticize the royal family in front of others, we should be absolutely cautious. Thai law has regulations on the punishment of the crime of disrespect to the royal family. Therefore, tourists should be careful to show proper etiquette. For example, when royal family members are present in public, it is better to pay attention to other people's actions and follow them

visit temples and dress up

Thai temples are recognized as sacred places by Thais. Please dress properly when you enter the Buddhist temple. No one in short skirt, shorts or topless clothes will be allowed to enter. When entering the Buddhist hall, visitors need to take off their shoes and pay attention not to step on the threshold

don't touch your head

don't touch other people's heads or mess their hair. If you accidentally touch someone's head, you should immediately and sincerely apologize. Thai people taboo touching children's heads, especially young monks. Children's heads are only allowed to be touched by kings, monks and their parents

dirty left hand

Thai people think that people's left hand is dirty, and the left hand can only be used to carry some unclean things. Therefore, holding important things with your left hand will attract disgust. On more formal occasions, you have to offer them with both hands. If you use your left hand, you will be considered to despise others

dirty feet

feet are also considered unclean. When seated, avoid putting your feet on the table. Hitting or pointing at people with toes will be severely reprimanded, and you must not rush the soles of your feet to Buddha. When sitting, don't tilt your feet and point the soles of your feet at others

monk taboo

can't shake hands with monks, can only close ten salutes, women can't touch monks, if you want to offer property, please ask a man to do it for you or put it directly on the table. When you meet a monk who is begging for alms, you must not send cash, because it is an act of breaking the monks' commandments

100 Thai sentences (with Chinese pronunciation)

Chinese Thai pronunciation English

1. Hello / SA wa Di Ka sawadika / Hello

2. How are you / SA -- Di Mai sawadima / how are you

3. I'm OK / SA -- di sadi / I am fine

4. What's your name / kun-ci-a-lai / what is your name

Where are you going

6. Goodbye! Good bye! By by

7. Good luck/ CuO di / good luck

Thank you/ Thank you

Sorry/ Kuo Tuo extension / sorry/ Excuse me!

10, it doesn't matter/ Mai Bian Lai / never mind

11, don't understand/ Mai Kao Zai sells well; t understand

Can you help me/ Kun que can Dai Mai / can you help me

I'm looking for it/ Can ha you / I 39; M looking for.

14/ I want to go to --/ I want to go to -.

16. Train station

17, bus stop / Sha Tan Ni Luo Mie / bus stop

18, airport / Sha Nan Bing / sandbag ice / air station

19, hotel / long Liang / long Liang / hotel

20, School / long Lian / long curtain / school

21, police department / Sha Tan Ni Dan Luo Sha Tan Ni Dan pile / police station

22, hospital / long PA Ya ban longpaya class / hospital

23 Toilet / Hong Nan coax South / toilet / W.C

24, don't / Mai Ao sell concave / don't / no

25, want / AO concave / need to

26, not / Mai Cai sell vegetables / an't / no

27, yes / Cai dish / is / Yes

28, don't be afraid / Mai – Dong Gua sell white gourd / be fearless of

29, don't worry/ Care nothing for

30, elder brother | sister (Thai courtesy address) / PI fart / elder brother | sister

31, younger brother | sister (Thai courtesy address) / Nong pus / younger brother | sister

32, what's the price/ Laka Tao Lai / how much

Is it OK to be cheaper/ Tu - (n-oi) - Dai mai (n-oi) daimai / kitchen OK

34, expensive/ Pian Liao / expensive

35, change money / lie en / change money

36, where to go/- Nai / where to

37, go to the beach / - ta lie / go to beach

38, go, go / go / walk

39, phone / Tuo Le SA tolsa / telephone

40, you are so beautiful/ Kun Sui Jing Jing / you beautiful

You are so handsome/ Kun Luo Jing Jing / you handsome

42, what time/ What time

43, three o'clock / San Meng Liao / three clock

44, 12345678910 / Neng, song, San, Xi, ha, Hou, Jie, BIE, Gao, daughter-in-law

45, delicious/ A - (l-oi) ah (l-oi) / good

46, fun/ SA nu / interest

47, good looking/ Na Na / be good

48, no/ Mai Dai selling agent / no

49, like/ Chuo stamp / like

50, don't like it/ Mai Chuo selling stamp / don't like

51, have / MI rice / Yes have

52, no / Mai Mi selling rice / no without

53, market / DA la la Da la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la Bamboo / bamboo / man-ku, and crying / mango, bamboo / bamboo, and bamboo / bamboo, and bamboo / man's crying / bamboo, and bamboo / bamboo, and bamboo / man's crying / man's crying / man's crying / bamboo, and sweet / WAN playing / sweet

59, sweet / WAN playing / sweet <

60, acid / Biao standard / acerbitg

< p

< p

61, too hot / pi-gen-green-green / hot polyethylene < / hot polyethylene < / hot < / hot <

< p < P > < p

< p < p

59

59

59

59, 59, 59, sweet / sweet / sweet / play / sweet < / sweet < / sweet < / sweet < / sweet < / P < p < p < P > 60, acid / 60, acid / acid / acid / acid / acid / acid / Biao standard / acerbitg < / acerbitg < / they / PO Kao / them They

69, buy fruit / Shi Peng Le Mai spoon pengle sell / buy fruit

70, luggage / GA Bao GA bag / bag bag

71, baht / Ba Ba Ba Ba / money Thai

< P > 72, far / Gai this / far

73, near / Gai cover / near

74, light / Bao bag / light

75, heavy / Na Na Na / again

76, comfortable / SA Sha / be well

77 Uncomfortable / Mai SA sell sand break / feel bad

78, dare / GA Mai GA sell hard / bold

79, follow me / Dang Chan Dang Chan break / follow me

80, more / MA scold / more MCH

81, less / (n- ò I fast link reading) / limle fee

82, doing charity / stall (B- ū N fast link reading) / waters

83, Temple / wa wa / tempiu

84, Monk / PA afraid / bonze

85, rent / Cao Cao Cao / rent

86, car / Luo Luo / vehicle

87, room / Hong dry / room

88, aunt / Ba Ba Ba Ba / grandma

89, be careful / La Wan pull over / be careful

90, enough / PO Liao poliao / enough quite

91, boat / Le Le / boat

92 Using / Cai Cai Cai / use

93, being impolite / Mai Mi Ma La Ya selling rice / respect

94, I love you

95, speaking Thai / PU Bian PA Sha Tai / speaking Thai

96, not speaking Chinese / PU Mai Bian PA Sha Jing selling whip Sha Jing / don & #; T speak Chinese

97, sing / long pan longpian / sing song

98, dance / Dian LAN cable / Dance

99, smile / Ying fly / smile

100, cry / Long Hai Longzao / cry

{rrrrrrr}

extended materials:

kingdom of Thailand (Thai: ร&# 3634;&# 3594;&# 3629;&# 3634;&# 3603;&# 3634;&# 3592;&# 3633;&# 3585;&# 3619;&# 3652;&# 3607;&# 3618;， English: Kingdom of Thailand (Thailand for short). It is a constitutional monarchy in Southeast Asia

Thailand is located in the middle of Indochina Peninsula, bordering Myanmar and the Andaman Sea in the west, Laos in the northeast, Cambodia in the southeast, and Malaysia in the south

On May 11, 1949, the Thai people changed the name of "Siam" to "Thailand" by using their own national name, mainly taking the meaning of "freedom"

Thailand is one of the members and founders of the association of Southeast Asian nations, as well as the Asia Pacific Economic Cooperation and Asia Europe Meeting