What is the network sales of digital currency

1.

digital currency is a kind of legal tender, which must be issued by the central bank. Both digital gold coin and cryptocurrency belong to digital currency, which is not a network virtual currency, because it is not limited to virtual space, but is often used for real goods and services transactions, such as bitcoin, Wright coin, bitstock, etc. at present, there are thousands of digital currencies issued around the world

extended data:

1. Impact on financial infrastructure

the decentralized mechanism of value exchange based on distributed ledger technology has changed the basic settings of gross and net settlement on which financial market infrastructure depends. The use of distributed ledgers also poses challenges to trading, clearing and settlement, as it promotes the disintermediation of traditional service providers in different markets and infrastructures. These changes may have potential impacts on market infrastructure other than retail payment systems, such as large payment systems, securities settlement systems or trading databases

If digital currency and distributed ledger based technology are widely used, it will bring challenges to the intermediary role of financial system participants, especially banks. As a financial intermediary, banks perform the ties of acting supervisors and supervise borrowers on behalf of depositors. Usually, banks also carry out liquidity and maturity conversion business to realize the financing from depositors to borrowers. If digital currency and distributed ledger are widely used, any subsequent disintermediation may have an impact on savings or credit evaluation mechanisms

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. Internet currency, also known as virtual currency, digital currency or electronic currency, is totally different from the currency we use in reality. In the "Internet social form", people set up or participate in the community according to their own needs. Members of the same community form a common credit value based on the same needs. Internet currency is a "new currency form" formed on this basis
Internet digital currency itself will not cheat people. Internet digital currency is just a tool, it depends on the people who use it
since 2013, digital currency has been popular all over the world, and has been on the front page of major news for many times
however, the digital money pyramid schemes also emerge one after another
the typical mode of digital money pyramid selling is to choose a ready-made one, or simply program yourself to invent a digital currency
1. Package several "experts", "elites" and "government officials"
2. Publicize all kinds of cases of making a fortune online and offline. Design the illusion of digital currency appreciation
3. The cheated directly invest to buy the digital currency
4. Give the cheated a compound interest reward or a direct rebate after the end of the investment cycle. Rewards are also digital money itself
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6. Organizers sell a large number of digital currencies for cash, and the currency price will drop sharply
7. Claiming to be attacked by hackers, claiming to be controlled by makers, resulting in the decline of currency price
8. Running
the pyramid selling of digital currency is a combination of general pyramid selling, Ponzi scheme and direct selling. Compared with general pyramid selling, digital currency pyramid selling has three additional characteristics:
1. And the packaging is very advanced
2. Participants can get a head pulling reward. The prize is the digital currency itself
3. Digital currency tends to appreciate as more people participate in the scam. Participants can obtain the growth of the number of digital currency itself and the growth of book converted legal currency, including the lowest level participants
conclusion: in the early stage of digital money pyramid scheme, it is pyramid scheme, and in the later stage, it turns into Ponzi scheme immediately.

5. First, the capacity of the exchanges on the market is limited, and there are strict restrictions on listing conditions, which objectively requires the existence of point-to-point market

Second, OTC trading is relatively simple and flexible, meeting the needs of investors

thirdly, with the development of computer and network technology, the over-the-counter trading is constantly improving, and its efficiency is comparable to that of the floor trading< Fourthly, the transaction cost is low. Because the buyers and sellers trade directly without brokerage service, their commission is much less than that in other markets

the fifth point is to improve the confidentiality mechanism. Because there is no need to go through a broker, it is concive to anonymous transactions and keep the confidentiality of transactions< The sixth point does not affect the securities market. If block trading is carried out in the stock exchange, it may have a greater impact on the price of the stock market

the seventh point is that the information of the whole platform is sensitive and transactions are fast

peer to peer trading is like a green rose outside the window, a hope growing in the wind and rain. How can we say that opportunities are coming? In fact, the purpose of supervision is nothing more than that the exchange does not have any national certification as the basis, and a large amount of funds are stored on the platform, which can not avoid the risk of running the exchange. But the point-to-point does not exist, and the funds no longer gather on the platform. Is it necessary for the operators to run without money? It can be imagined that many people in this situation want to throw money, but the platform is not allowed to go up. There are countless coins that want to be sold at a low price, so what should we do? At that time, we went to the point-to-point trading platform and sold it at a low price. People with vision went to develop a point-to-point trading platform. In troubled times, there was another opportunity to make wealth

the development of point-to-point trading platform many people think that the digital assets represented by bitcoin are the inevitable proct of the development of Internet technology and the largest practice of blockchain technology at present. Bitcoin's blockchain network may become the underlying network of other public chains, which may have a far-reaching impact on the real economy. Even if the report is true, it is still legal to hold and trade bitcoin in China. There is no need to panic excessively. Bitcoin can still be traded and realized in a point-to-point manner. The progress of technology in the world can not be stopped. China has occupied a certain leading edge in the development of blockchain. I believe that China will also be at the forefront of the world in the future.

6. It's not legal tender, so don't apply.

7. "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 package is composed of data code and identification code. The data code is the content to be transmitted, while the identification code indicates where the data package comes from and goes Definition of digital currency: the alternative currency in the form of electronic currency belongs to digiccy. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as: the digital expression of value, which is not issued by the central bank or authorities, nor linked with legal currency, but because it is accepted by the public, it can be used as a means of payment, or can be transferred, stored or traded in electronic form. 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: first, e to some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing; ② Because the number of algorithm solutions is fixed, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse 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. The emergence of bitcoin poses a great challenge to the existing monetary system. Although it belongs to the generalized virtual currency, it is essentially different from the virtual currency issued by network enterprises, so it is called digital currency. This paper compares digital currency with electronic currency and virtual currency from the aspects of issuing subject, scope of application, issuing quantity, storage form, circulation mode, credit guarantee, transaction cost and transaction security.