What is the impact of the rise of central bank digital currency

1. If you look closely at these two fields, you will find that they have begun to develop away from each other. Although digital currency is technically inseparable from blockchain, blockchain technology is not limited to digital currency. It is favored by various technical companies in terms of proct traceability, data transparency and distributed consensus. So what impact does the central bank's entry into digital currency have on the blockchain instry, It's not going to change much. At present, the ant gold clothing behind Alipay is the largest patent application company in the global block chain.
what benefits most from this is the domestic currency circle. In 2017, digital currency and related fund-raising activities were banned in China, which is quite negative in the eyes of ordinary people. In fact, the central bank's initiative to explore into cryptocurrency is the recognition of the core concept of digital currency. With this incentive, domestic enterprises will actively enter the instry and inject fresh blood into the instry, which is the most important
about this, you can see the reports of blockchain media, such as golden finance, coin easy to know column, chain news and so on.

2.

1. High liquidity

every good and reliable digital currency is essential. Every digital currency should have strong liquidity, not only in the scope of third-party trading platform, but also in offline entities or countries like bitcoin

Second, lower volatility

generally, volatility comes from the influence of third-party trading platform, which is similar to stock trading. Strong operators need to control the market to prevent the digital currency market from soaring or plummeting. Therefore, the volatility of a digital currency can show whether the digital currency can develop stably

Third, tradability one of the most important properties of digital currency is tradability. If a digital currency does not have tradability, the digital currency is basically useless. Only when a digital currency has tradability can it have liquidity and volatility

Fourth, the nature of decentralization digital currency has the characteristics of decentralization. Digital money is neither controlled nor manipulated by centralized entities. That is to say, no indivial or third party can obtain the user's digital currency

Fifth, the value of digital currency is increasing based on the market demand. It is not subject to government regulation or operation, which is not like legal money. The rise and fall of digital currency price depends on the transactions between users on the third-party trading platform

3. The issue of digital currency has many benefits and is imperative. According to the central bank, digital money and paper money will coexist for a long time to come. When people go to the bank to withdraw money, they can not only withdraw cash directly, but also exchange it into digital currency. In Xiaobian's opinion, the establishment and issuance of digital currency system can not only make people's transactions more convenient and safe, but also graally weaken the proportion of paper money in the real circulation, which will also have a positive impact on the electronic disk of postal money card
when people are used to digital currency, paper money will graally withdraw from the circulation market and enter the collection field. In the new environment of payment and circulation, the traditional paper money will become a symbol of an era and a memory of people. The paper money that used to circulate in the market will also become a kind of cultural and artistic investment goods, active on the electronic disk of the post money card. And those earlier and even rarer coins will also stimulate their prices to rise in this situation. It can be seen that the central bank's graal promotion of digital currency will have a profound impact on people's living habits and investment and financial management, which is worth looking forward to Sohu)
however, digital currency does not have to be used for payment. Some domestic application-oriented digital currencies have begun to find another shortcut and come out with a different truth. For example, coin Ying China crowdfunding project token; Puyin group launched the tea based digital currency Puyin.

4. On January 20, 2016, the people's Bank of China announced on its website that it held a seminar on digital currency. At the meeting, the central bank asked its digital currency research team to "strive for the early launch of the digital currency issued by the central bank". Similarly, central banks such as the Bank of England and the Bank of Canada are planning or considering issuing their own digital currencies. After the advent of bitcoin triggered a wave of private issue and de nationalization of digital currency, the digital currency issued by the central bank seems to have become a global trend

digital currency is a new technology, which is different from the traditional electronic payment tools used by online banking and third-party payment companies. It is developed on the basis of a series of new technologies - they are not tools to transmit money; They are money in themselves. Among them, digital currency based on cryptography is also called cryptocurrency. Bitcoin is a model of this kind of digital currency. After its birth, it inspired many similar systems. Some commercial banks and central banks have also begun to develop their own digital currency. According to the different issuers, we can divide digital currency into three types:
1. Digital currency issued by non-financial institutions

in November 2008, a man named Nakamoto Tsung invented a new technology called blockchain and designed a point-to-point e-cash system, namely bitcoin, for the first time. On January 3, 2009, Nakamoto completed the code development of bitcoin. Due to its point-to-point and electronic nature, bitcoin can be passed directly between two people without the need for a centralized settlement institution. Therefore, it is a fast, low-cost, borderless payment system
2. Digital currency issued by commercial banks

some large international financial institutions have taken a fancy to the low-cost, fast and safe characteristics of digital currency, and began to try to use its underlying technology, namely blockchain technology, to develop their own digital currency. For example, four of the world's largest banks, UBS, Deutsche Bank, Santander bank and New York Mellon bank, are already involved. Their digital currencies are similar to those mentioned above, but their issuers are different. It is particularly noteworthy that financial institutions develop digital currency to meet the needs of their own rapid clearing transactions, rather than challenge the financial situation by replacing the legal currency issued by the central bank. The domestic Puyin group also launched Puyin
3. Digital currency issued by the central bank

some central banks, such as the people's Bank of China and the Bank of England, also plan to launch their own central bank digital currency after some research on digital currency. Technically, CBDC is the same as the above two, but e to its special identity, CBDC will have a greater economic impact, which is the reason why the central bank wants to introce CBDC.

5. Log in to the road of exile, press "V" to open the cave map, pull the map to the bottom of the cave which is lit by you, move the mouse to the lighted cave, and the information such as "cave name, monster level, cave level, cave description" will be displayed.

6.

China, as a global mobile payment power, Alipay and WeChat have long been a national payment method. It is almost no need to carry a wallet now. Shopping just sweeps away, does not need purse, do not change, really feel the convenience, and whether it is Alipay or WeChat payment, the experience is very good. p> The DCEP, which will be launched by the central bank at the end of this year, indicates that the replacement of paper money is inevitable. So, will WeChat and Alipay be terminated? What's the difference between them

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you can imagine such a scene: as long as you and I have DCEP digital wallets on mobile phones, we don't even need the network. As long as the mobile phone has power, two mobile phones touch each other, and we can transfer the digital currency in one person's digital wallet to another person

four, WeChat and Alipay must first bind the bank card, then pay the with Alipay or WeChat payment code. DCEP doesn't need to be bound to a bank account. The transfer between users is independent of the bank account. This is the same as bitcoin and other digital currencies. As long as you have a digital wallet of DCEP, you can scan the code to pay

in fact, DCEP and WeChat pay, Alipay is very similar in the payment scenario, and the experience is expected to be very similar in the future. In the future, as long as electronic payment can be used, there will be digital payment ports of the central bank

so, for the common people, with DCEP, you just have a more payment method, as if mobile payment had Alipay first, and you could also pay WeChat. Use whatever is convenient. However, the emergence of digital money will also be a part of WeChat's payments and Alipay's share of 90%+, which now occupies the mobile payment market share. p>

7. Now we have to clarify the concept of commodities.
the labor procts collected on the ground must not be counted, but must be processed.
the self-sufficient ones must not be counted, and they must be exchanged. For example, the cloth proced by men and women in ancient times was used by themselves. Therefore, it is not a virtual currency.

virtual currency originally refers to unreal currency, which is used in games,
virtual money in computer games will also have its real value. For example, if a player buys his account from another player, he can get all the virtual assets of that player, and then it will be much easier for the player to continue playing. If the game allows players to transfer virtual property, players can buy and sell game props and pay in real currency. If the game props are priced by virtual currency in the game, then the exchange rate between real currency and virtual currency is established

so its value comes.

the value in textbooks is different from the value mentioned above. Value is a kind of social labor result condensed in procts, You should have learned that the amount of value is determined by the social necessary labor time.
the so-called price is just a form of monetary expression of value...

the value in textbooks is a kind of physical value. How can I tell you?
take the stock market for example, some people make money, so can you say that the stock market creates value? No, he doesn't create, he just redistributes wealth...

let's take the use value as an example, remember its definition
the utility of goods that can meet people's needs

is it goods, is virtual currency goods? The so-called goods are made up of atoms...

besides value, the so-called value is that value appears with the emergence of human beings and is defined by human subjective consciousness. Value is a kind of surreal norm or ideal, It's God's creation. Whether a thing has value or not depends on the logic of the concept system, which is a surreal, ideal state, or God given

value comes from nature, and develops with human evolution and social development. The ultimate origin of value can only be the moving

material world and the working human society. The virtual currency belongs to a part of human society... So it is valuable, but from the perspective of textbooks, it is far fetched