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Digital currency versus cash

Publish: 2021-04-07 01:16:13
1. In theory, the central bank issues digital currency to replace paper money. However, this process is very slow, because the development of various regions in China is seriously unbalanced, and the acceptance of digital currency is also different. The digital currency trial run by the central bank is only applied to the bill market
in the future, there may be many digital currencies in China, and each digital currency will have its own application. For example, Puyin is a very interesting digital currency, which corresponds to the assets related to tea.
2. 24h volume refers to the trading volume of the currency within 24 hours. Generally speaking, the larger the trading volume, the more active the transaction, and the stronger the liquidity of the currency.
look at today's volume:
3. There is no need to exchange it. It is the digital form of RMB. It's legal tender. It's compulsory circulation.
4. Zero3 international settlement center adopts blockchain technology to complete cross-border payment through valuable digital assets euz. Compared with the traditional use of foreign exchange purchase and exchange between international banks, in 2018, ant financial services has actually tried to use blockchain technology in the field of international cross-border payment, so it is very good to use blockchain technology in Cross-border payment.
5. I don't know what you mean by OBB digital currency. The advantages of bitcoin are: it won't be frozen, it can't be tracked, it doesn't need to pay taxes, and the transaction cost is extremely low. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin is a relatively mainstream digital currency, which can be properly invested. There are risks in the transaction. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, which can trade bitcoin. These are relatively large trading platforms. Invest in mainstream digital currency, do not invest in counterfeit currency or air currency.
6. Digital currency and cash, of course, a stronger cash.
7.

Denmark plans to transfer all of them to e-cash transactions, and the traditional paper currency is on the verge of disappearing. Of course, it is impossible to cancel it completely in a short time, but this is a trend

Cash is vulnerable and easy to forge

  • there are bacteria and viruses, which are the transmission media

  • anonymity, not easy to trace, money laundering is the best< br />

  • 8. The digital currency issued by the central bank is only a substitute for banknotes and coins. In fact, it is a kind of electronic cash, which has little impact on monetary policy and commercial banks. In the traditional currency issuance, the cash in circulation is actually the direct debt of the central bank to the public, only because of technical constraints and cost considerations, the central bank issues cash through commercial banks. With the progress of technology, it is possible for the central bank to issue money directly to indivial and enterprise accounts in the form of digital currency. E-cash flow is still through the central bank and financial institutions, and then to enterprises and indivials. In terms of money manufacturing channels, circulation links and functions, e-cash flow is exactly the same as paper money

    e-cash flow still flows through the central bank and financial institutions to enterprises and indivials, which is identical with paper money in terms of money creation channels, circulation links and functions, and does not break away from the scope of traditional monetary policy regulation. The main function of e-cash is to facilitate transaction payment
    considering that the development of non cash payment methods such as third-party payment has greatly facilitated transaction payment in recent years, the impact of e-cash on money transaction demand is limited, and the overall impact on monetary policy is not significant. The extent to which e-cash is accepted by the public depends on its convenience and security.
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