Can digital currency be lost
2. Digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
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Digital currency carrier is digital currency wallet
digital currency is an alternative to paper money
functions and properties are exactly the same as banknotes, but the form is digital
Therefore, it can be seen that the use of digital currency will be more secure In addition, digital currency has unique coding, and there is no way to forge itand whose wallet digital currency enters may generate traceable information codes, including the identity information of the wallet owner. In this way, as long as the digital currency is spent or transferred, it is very easy to trace
even in the future, if big data and Internet of things technology are further upgraded, where you spend digital currency may be traceable, including spending a few yuan and so on, which can be easily known and traceable
in this case, your mobile phone is lost. On the one hand, it is difficult for the person who finds it to crack many passwords on the mobile phone. If the person who finds it takes a lot of effort to break the password, then if he wants to spend money or transfer money, it is also traceable
If you lose your mobile phone, the digital currency you hold will not be lost, because the digital currency is not stored in the mobile phone, but can be stored in any medium. As long as you master the key, then the digital currency will always belong to you
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Digital currency is not attached to the memory of the mobile phone. If the mobile phone is broken, the digital currency wallet will not be lost. You only need to log in the currency wallet account on other devices to retrieve the corresponding digital currency
digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects:
1. Due to some open algorithms, digital currency has no issuing subject, so no one or organization can control its issuing
Because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency3. Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
extended data
the central bank concted internal test on digital currency, and some civil servants received part of the salary paid in the form of digital currency
the screenshots of the digital currency wallet applications launched by Agricultural Bank of China, China Construction Bank and Bank of China are widely spread on the Internet, showing that they have many functions, including allowing depositors to track the transactions of digital currency and associate the digital currency wallet with their existing bank accounts
Digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects:
1. Because digital currency comes from some open algorithm, it has no issuer, so no one or organization can control its issuance
When determining the number of solutions, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by excessive issuance of virtual currency
3. Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
extended information:
the central bank concted a private test on this digital currency, and some civil servants' salaries were received in the form of digital currency
screenshots of the digital currency wallet applications launched by Agricultural Bank of China, China Construction Bank and Bank of China are widely spread on the Internet, showing various functions, including the ability for depositors to track digital currency transactions and associate digital currency wallets with their existing bank accounts
In fact, it has to be said that in terms of the current social development, digital currency may indeed replace paper money in the future, but for us, paper money still plays an irreplaceable role, just because of this, it will not disappear completely. In some sense, the diversification of payment forms is more concive to improving people's quality of life, So just because of this, we can look at the problem from the following aspects{ RRRRR}
3. At present, people of all ages use different payment methods. Because of this, paper money will still become the general payment method of the older generation, so it will not disappear completely in the short term.in fact, it has to be said that for the elderly, because of the lack of understanding of mobile payment, Even if digital currency can be used in the future, most of the elderly will rely more on the traditional payment method of paper money. Therefore, for us, even if mobile payment rises in the future, the paper money will not disappear completely.
in fact, we have to say that at present, with the rise of mobile payment, the circulation of paper money will become smaller and smaller, With the rise of digital currency, this phenomenon will be exacerbated, but the paper money itself plays an irreplaceable role, so it is precisely because of this that most elderly people will choose the traditional way, so in the short term and even in the long term, the paper money will not disappear forever