What does the official digital currency mean

1.

digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions)

digital currency has the main characteristics of network packets. This kind of data packet is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data packet comes from and goes

based on the characteristics of digital currency, the direct benefit of digital currency to the central bank is not only to save the cost of note issuance, circulation and settlement, but also to enhance the central bank's ability to control funds

Electronic money and virtual money are called digital money. According to the definition of the European Central Bank, virtual money is issued by non central banks, credit institutions and e-money institutions, which can be used as the numerical expression of the value of currency substitutes in some cases

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extended information:

the process of digital currency trading through the platform is as follows:

(1) investors should register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time

(2) users can buy and sell digital currency with the money in their cash account, just like buying and selling stocks and futures

(3) the trading platform will sort the buying requests and selling requests according to the rules and start to match them. If they meet the requirements, the transaction will be concluded

(4) e to the difference between the buy and sell volumes submitted by users, a buy or sell request may be partially executed

2.

For many people, the concept of digital currency is a mystery. But there is no doubt that digital currency is different from virtual currency

At the same time, digital currency is different from electronic payment. In the actual use experience, digital money and electronic payment may feel similar, but they are still quite different in essence. Before digital currency, the financial instry has been highly informationized. Such as Internet banking, WeChat, Alipay and so on pay the popularization of electronic technology, physical cash accounts for only a very small part of the total circulation of money. In spite of this, because the money used in the transaction comes from the bank account, it actually corresponds to the banknotes

3. I'm too young to remember the birth of the Internet. When the Internet was booming, I was in high school, a little confused about what happened. At a family party, when my cousin bragged about how much money he made from buying and selling domain names, I thought it was stupid
it's not a reality. Up to now, I still think it's stupid to make money by buying and selling domain names. I know it happens sometimes. It's like a high-risk, low return investment
as a result, the Internet did. Now, 20 years on, domain names are cheap, and search engines make them brand specific Note: the author means that the convenience of search engines makes domain names cheaper and cheaper. Domain names are only related to brands.)
What does this have to do with the value of bitcoin
this is an example of how people's views on value change with the development of technology
at this point, most people see bitcoin as money. The chairman of the US SEC said, "yes, that's how drug gangs use it. Everyone I know thinks so.". It's called "bit coin" for a reason
bitcoin maximalists call it hard currency, critics call it fake money, and veteran players call it cyber currency
W bq89998 push the latest currency from time to time to ensure the minimum 10 times

4. Based on blockchain and smart contract technology, euz is a stable currency issued by means of valuable asset mortgage to solve international financial problems. Compared with other encrypted digital currencies, euz stable currency has the following advantages:
1. Euz stable currency exists on its own blockchain, not untested "Shanzhai currency", nor in closed source software running on centralized private database
2. Euz can be used like bitcoin and Ethereum, that is, in an anonymous, decentralized and password secure environment
3. Euz can be integrated with businesses, exchanges and wallets
4. Euz stable currency inherits the attributes of euz layer protocol, including: distributed exchange, browser based open source, wallet encryption, blockchain based transparency, accountability, multi-party security and reporting function
5. Euz limited adopts a simple but effective method to prove reserves, which greatly reces the risk of the reserve asset custodian's counterparties
6. Issuance or Redemption: euz will not face any pricing or liquidity restrictions, and users can quickly purchase or sell the required euz at a very low cost
7. Euz stable currency will not face market risk, because it has equal value mortgage protection rather than relying on market forces

warm tips:
1. The above explanations are for reference only, without any suggestions
2. It is risky to enter the market and investment should be cautious

response time: September 14, 2020. Please refer to the official website of Ping An Bank for the latest business changes

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