What does the value of digital currency mean

1.

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

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 currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by 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

Compared with paper money, digital money has obvious advantages, which can not only save the cost of issuance and circulation, but also improve the efficiency of transaction or investment, and enhance the convenience and transparency of economic transaction activities. The issue of digital currency by the central bank also ensures the continuity of financial policy and the integrity of monetary policy, and also ensures the security of monetary transactions

although the issuing method of digital currency is still under study, paper currency has been regarded as "the currency of the previous generation" by some professionals, and it is the general trend to be replaced by new technology and new procts. Due to China's large population and volume, the timetable for issuing digital currency is still uncertain. It is predicted that digital currency and cash will be in parallel and graally replaced for quite a long time. When the era of digital currency really comes, people will carry less and less cash, travel more and more safe, poverty alleviation more and more accurate, corruption more and more difficult to escape, and thieves more and more difficult

extended information:

in November 2016, the central bank prepared digital currency, and the cash is likely not to exist in ten years

in November 2016, China digital currency Research Institute was established to cultivate high-level talents of digital currency, carry out digital currency research, consultation, development planning and related activities. It is a non-profit unit with legal license approved by relevant ministries and commissions, and is committed to promoting the integrated development of scientific research and Practice of digital currency instry

so far, Hangzhou, Shenzhen and Guizhou have become the three hot areas for the central bank's digital currency pilot. It is reported that Hangzhou is actively promoting the planning and construction of Qiantang River financial harbor, including the blockchain instry. Hangzhou will build the first blockchain Instrial Park in China, which is located in the Internet Finance town of Xihu District, surrounded by ant financial services, e-commerce bank, Zhejiang University and its science and Technology Park and other well-known enterprises and parks

2. The market value of digital currency is equivalent to the market value of stocks in circulation, which is calculated by multiplying the market price of digital currency by the quantity in circulation. The formula is: market value = current price of digital currency * quantity in circulation
generally speaking, the market value is determined by the quantity in circulation rather than the total circulation. Because circulation quantity can better measure market value. The locked and predetermined ones can not be sold on the open market, which will not affect the currency price, so it will not affect the market value. The method of using circulating quantity is similar to using circulating shares to determine the market value of traditional investment
at present, the market value of bitcoin has reached more than 70%, occupying an absolute dominant position, while the market value of other currencies is declining. In the long run, the market value of the whole digital currency is growing. If we can seize the opportunity, we will get rich returns.

3. 15 times? If it's the same system, it's still the same if you install it 100 times. It is suggested to change the system. Change to the regular installation version
or use the USB flash drive to check if it is normal

4. In theory, digital currency will replace paper money in the market in the future, while paper money will complete its historical mission and graally disappear without a trace. However, it will take a long and slow process, and we may not be able to wait until that day
at present, no country in the world has fully realized paperless trading, and some small developed countries have made some achievements in trying paperless trading, but they have not fully realized it. China's vast territory, the degree of economic development is different, the realization of the difficulty will be greater
however, the domestic applied digital currency is also booming. Puyin group has launched the standard digital currency Puyin, which has the credit endorsement of tea assets.

5. Bitcoin itself is defined as a virtual asset. Unlike all currencies, bitcoin does not rely on a specific monetary institution. It is generated through a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, And the use of cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
in the long run, bitcoin will be subject to competition from other digital assets. In the current encrypted digital assets, there are no digital assets based on underlying goods or rights. Therefore, it can be considered that bitcoin has no digital trading procts that can compete with it. Now the mainstream financial institutions have begun to enter the field of encrypted digital assets more and more. For example, the Swiss digital asset exchange has appeared in Switzerland. In the U.S. market, efforts are also being made to encrypt and digitize the relevant rights and interests based on real estate, so as to facilitate transaction circulation. When these rights and interests in the real economy are traded and circulated in the way of encryption and digitization, the transaction funds in the market will definitely enter these trading procts more. This will naturally disperse the funds into bitcoin, which will lead to a decline in the price of bitcoin. Of course, it will be a long-term process
the most important thing is that bitcoin can not be controlled by the government. In the financial field, the government will be restrained by bitcoin, and then can not effectively control the domestic financial system. Although bitcoin has good encryption, its uncertainty also determines that it can not become a currency in the future. The future of real currency is issued by the government. Digital currency with encryption and digitization has both sovereignty and market circulation potential. In the future, you will see that digital RMB will become the main currency circulating in the market in China!