How about global digital currency

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

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to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />

It's not true

the central bank indicated that it has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. The so-called digital currency in the market is not legal digital currency

in addition, the so-called digital currency launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud. The general public should raise their risk awareness, invest rationally and prudently, and prevent the interests from being damaged. The legal currency of our country is RMB. RMB shall be uniformly printed and issued by the people's Bank of China

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precautions:

in the whole process of digital currency promotion, we should pay attention to the overall financial stability, guard against risks, and protect consumers, especially in large economies, to prevent big losses. We should test step by step to promote it. We should grasp the direction, and emphasize financial services for the real economy, Prevent excessive speculation

digital money does not need to bind any bank account when it is paid. Unlike WeChat and Alipay, it needs to bind the bank card. DCEP does not need to bind the bank account. Unless it is necessary to charge DCEP or to withdraw money from DCEP, it is unnecessary to transfer account between users and users. p>

China global currency is a kind of virtual currency, which is not protected by law. Five ministries and commissions, including the China Banking and Insurance Regulatory Commission, jointly issued the "risk warning on preventing illegal fund-raising in the name of virtual currency and blockchain", pointing out that many criminals, under the banner of financial innovation, use virtual currency, blockchain, digital currency and other projects to speculate and fund-raising, even to engage in fraud, pyramid schemes and other illegal activities

the majority of investors rationally treat blockchain, virtual currency and other investment projects, establish a correct and rational investment concept, recognize the risk level, and then improve their risk awareness. China global currency is a kind of virtual currency, which is not protected by law. Five ministries and commissions, including the China Banking and Insurance Regulatory Commission, jointly issued the "risk warning on preventing illegal fund-raising in the name of virtual currency and blockchain", pointing out that many criminals, under the banner of financial innovation, use virtual currency, blockchain, digital currency and other projects to speculate and fund-raising, even to engage in fraud, pyramid schemes and other illegal activities

the majority of investors rationally treat blockchain, virtual currency and other investment projects, establish a correct and rational investment concept, recognize the risk level, and then improve their risk awareness

No

China global currency is an imitation of GEC, with the same interface and mode as GEC. It is a new currency trading financial investment platform. China global currency is a kind of virtual currency, which is not protected by law

the digital currency of the central bank is issued by the Central Bank of China, which is a digital form of legal currency. It is essentially the same as cash and has national credit. Digital currency adopts the block chain technology as the transaction mode, which has the characteristics of centralization and does not need any centralized organization similar to the clearing center to process data

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precautions for the use of digital currency:

under the framework of legal digital currency, the central bank has more direct power to regulate the money market. In the case of legal digital currency, the balance sheet of the central bank is likely to expand substantially. But in the economic crisis, financial crisis, the central bank must provide more liquidity support to commercial banks

as long as the deposit of legal digital currency meets the conditions, it is easy for users to withdraw the deposit, which will cause a payment crisis of a bank, and cause a chain reaction, which may promote systemic financial risk