The birth of digital currency is unusual

1. The emergence of digital currency was born under the expectation of pursuing a more perfect social and economic transaction mode and Global trade facilitation. It was discovered in the process of using science and technology to graally explore this need. The history of digital currency should start with the creation of bitcoin
the creation of digital currency
the origin of digital currency can be traced back to the 1990s, and electronic gold is one of the best forms. E-gold came out in 1999. It is based on real precious metals. Another consistent digital currency service is LR. Founded in 2006, it is an online payment company in Central America. It allows users to convert U.S. dollars or euros into LR, and only 1% of the transaction cost can be exchanged freely. This kind of two-way service is used by some people to launder money, so it is inevitably shut down by the U.S. government under the charge of money laundering
then, a person named Nakamoto published an article called "bitcoin: a peer-to-peer e-cash system" in the cryptography forum, which gave birth to bitcoin. Compared with legal currency, bitcoin does not have a centralized discoverer, but is generated by the calculation of network nodes, and is composed of a series of complex codes generated by computers. Anyone can dig, buy and sell bitcoin, and it is an anonymous transaction and cannot be tampered with. As a result, it is surrounded by geeks of popular technology, pursuers of complete liberalism and speculators
digital currency can be divided into open mining cryptocurrency and issuing cryptocurrency. Digital currency is defined as an Internet-based currency or exchange medium, which is different from physical currency. Digital currency can realize instantaneous transaction and ownership transfer without borders
for reference.

2. Let's first explain digital currency. The real digital currency is issued by the state, based on the national credit, and stored in the form of electronic data. This is the national legal currency that can be circulated. So far, no country has issued digital currency, so has China. Therefore, anyone claiming to be a digital currency issued by the state is a fraud. The function of legal digital currency is the same as that of paper currency. So there is no concept of investment. Just imagine, would you spend 100 yuan to buy a ten yuan RMB? Bitcoin is still a virtual currency, not a real currency. Bitcoin is an encryption algorithm based on the blockchain, and the calculation results are obtained. The biggest characteristics are decentralization, uniqueness and finiteness. Because of these characteristics, it is impossible for a country to use bitcoin as legal tender. So I have no objection to using bitcoin as a target of speculation. But if bitcoin is promoted as a digital "currency", I think it is suspected of cheating, because it does not have the characteristics of national legal tender. Some people in the world are willing to accept bitcoin transaction. I think it is actually a "barter" transaction, not a real currency transaction. At present, bitnet exchange can provide the most trading pairs, and investors can participate in leveraged trading and perpetual contract trading.

3.

The digital RMB red envelope of 10 million yuan issued by Shenzhen city has brought the development of e-money back to the people's vision

in fact, since April 2020, small-scale pilot projects of digital RMB have been carried out in Shenzhen, Cheng, Suzhou and xiong'an, and the pilot scale will be expanded to 28 provinces and cities in August 2020

as a socially recognized "super outlet", in addition to the high investment of digital currency related enterprises, its impact on the financial market is also of great research value

Policy evolution of the development of digital RMB

as early as 2014, the central bank has concted research layout on digital RMB, and discussed the development framework of digital RMB with major international financial institutions and research institutions in the 2016 digital currency seminar

after six years of development, China has initially developed the "pbctfp blockchain platform" and continuously promoted the pilot activities of digital RMB. It can be predicted that as today's technology and policy outlet, digital RMB will have excellent development prospects and extremely fast development speed in the next few years

Figure 1: Policy Evolution of digital RMB

with the improvement of China's national strength, digital RMB provides an opportunity to establish a "new system of RMB cross border settlement", which can promote RMB payment activities around the world and realize the internationalization of RMB

4. 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

5. There are good and bad virtual currencies, such as bitcoin and Ethereum, complicated ones, such as EOS and wave field, and pure money frauds, such as 90% erc20 projects.
90% of stocks are money frauds. Don't look at how good PE looks. Next year, we will directly rece goodwill, not too elegant, and drop 90% in a straight line! I'm not talking about Tianshen entertainment. Please don't take your seat according to the number. I'm talking about all the small cap stocks
if you are not a technology stream, don't read the code or the white paper, then you can play with virtual currency
no matter what genre you are, don't touch stocks. You'd rather live than die

6. Digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form.

7. With the existence of digital money for so long, it is impossible to generalize with bubbles. But the pattern and bubble of digital money is indeed the cancer and development resistance of the instry. However, after the low ebb of digital currency some time ago, now investors tend to be rational, and the government also carries out strict supervision, which also means that the "air money" and "pyramid selling money" that used to use picture cakes to circle money to cut leeks are almost nonexistent, because the regulatory authorities can't let them pass the audit. After the digital money market is regulated, how can the remaining procts be stable and reliable for a long time? In my opinion, first of all, it depends on whether the team of this proct is technically comprehensive, professional and reliable; Second, it depends on whether the implementation of the project is possible; Third, it depends on whether the platform has various restrictions and whether it is free and fair. HNB, for example, is a reliable proct with the above three features. Its team comes from blockchain elites from all over the world with rich technology and experience; With the economic base linked to the real economy, it is not easy to have currency fluctuations; The platform is free to play and to build a decentralized economy like a community. It is a proct worthy of attention.

8. No one is sure what will happen in the future. However, recently, the state has begun to strengthen the management of digital currency raising. Because the relevant laws and regulations of the state on digital currency are not in place, financing is carried out on a third-party platform, and the cash flow is small, and the basic assets are about 10 million. It is easy for the bankers to speculate. Since the development of currency for thousands of years, it is an entity manifestation of credit, At present, all countries in the world have their own currencies. The proctive forces and political forms of each country are different, so it is difficult to form a unified currency. However, another manifestation is that the currencies of big countries slowly devour the currencies of small countries, and the integration of world economy is bound to increase the circulation of goods, But financiers will certainly block their development, because once the monetary integration will hurt their fundamental interests, I finally judged that monetary integration is only possible because credit money can become the future currency