How to set up digital Monetary Fund

1.

The main concept stocks of digital currency include Hailian Jinhui, Julong, Huijin, radio and television express, digital certification, Kunlun wanwei, gaoweida, Huali chuangtong and high beam software

from the perspective of financial institutions' layout of digital currency concept stocks, according to the No.1 Institute of finance, among the relevant stocks that have disclosed the annual report of 2019, as of the end of the fourth quarter of last year, five stocks were heavily held by institutions such as insurance capital, securities companies and funds, with a total market value of 24.3 billion yuan

in terms of research on financial institutions, No.1 Institute of Finance found that six digital currency concept stocks, namely, radio and television express, digital certification, Kunlun wanwei, gaoweida, Huali chuangtong and Gaoguang software, have been intensively researched by institutions this year, with a total of 163 times of research

an equity investor of an insurance company told the No.1 Institute of finance that at present, the insurance capital still pays attention to the large cap stocks with "low wave dividend" (stocks with high dividend and low performance fluctuation), and still holds a wait-and-see attitude towards popular concept stocks such as digital currency, but does not rule out the subsequent purchase

extended data

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: because it comes from some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing

because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by excessive virtual currency; 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

2. Digital currency itself is legal in China. Digital currency is defined as Internet goods in China, but the relevant supervision is still blank, and digital currency is still in the gray area in China. Well known digital currencies include bitcoin, Leyte coin, Ruitai coin, thousand gold card, dog coin, etc
however, there are also some non developers who use the cover of digital currency to carry out pyramid selling activities, such as the Vicat fraud, treasure coin fraud, Porter coin fraud and so on exposed by bitcoin home

3. One is to invest in BTC, for example. At present, there are three channels to choose from:

1. Direct trading, which depends on the market and price difference to earn income, has great risks and consumes more time and energy

2. Become a miner, get bitcoin at the cost price, and then sell it in the market. But now the cost of miner is too high, and there is a lot of investment in the early stage

3. The income of bitcoin's financial management will be less than the first two, but it is better than stability and safety. It means the same as the bank's Fund. At present, AEX's financial supermarket, coin an Bao of coin an, and OK's Yu coin Bao are popular in the market. AEX's financial supermarket has the debt transfer function that other platforms don't have. If you invest on it, your capital transfer will be more flexible

indivials prefer the third.

4. The main purpose is to test how much time your graphics card can proce a bitcoin or Leyte coin and so on. Master Lu's tests are not very professional, and his scores are only for reference. There are no special requirements for the graphics card, as long as he can score. In short, the results of not the top graphics card are quite surprising, which makes me feel that it is only for entertainment

5.

Domestic oil prices may rise for the first time in 2021. Accumulating the price adjustment at the end of 2020, the implementation of this price adjustment will be the first "five consecutive rises" since the implementation of the current price adjustment mechanism in 2013

assuming that the oil price doubles in 2021, the sales of new energy vehicles will definitely increase by at least 10 percentage points on the basis of what they should have. If it doubles, it is estimated that the sales of fuel vehicles will be cut by half in 2021, and the sales of new energy vehicles will be doubled

although oil prices at home and abroad showed a "rising trend", domestic automobile consumption still maintained a stable growth trend. According to the prediction of China Automobile Instry Association, the automobile sales volume will reach 26.3 million in 2021, with a year-on-year growth of about 4%. At present, affected by the Spring Festival effect, major automobile brands are actively carrying out promotion and marketing activities, and automobile consumption demand will be released in January

the rise of oil price will be directly transmitted to the power instry and other energy instries, resulting in the rise of the price of power procts. But different from the coal instry as a whole, the direct benefit is that the impact on the power instry can not be generalized. The rise of coal price leads to the rise of thermal power cost, but the cost of hydropower, wind power and nuclear power remains basically unchanged. Therefore, the rise of oil price will form a differentiation for the power instry, and the advantages of power enterprises mainly using emerging power generation methods will be highlighted

6. What we need to prepare: registered currency issuing entity - setting up local directors of issuing entity stipulated by the government - lawyers confirming the nature of digital currency - compliance review and amendment, issuing white paper - legal documents related to fund raising, combining with practical analysis - successful approval, digital currency can be issued - handling bank account opening
thank you!

7. At present, the central bank does not rule out the implementation of digital currency in China in 2020

8. The foundation is a non-profit public guarantee company, which is different from the private limited company. The issuing of blockchain digital currency is illegal in our country. In order to make the project more legal, we all handle overseas Foundations. The nature of the foundation is a public guarantee institution, and the risk is very low. In addition, if we need to connect with the exchange, we can also handle legal documents, The prerequisite for legal documents is the Singapore foundation, so the Singapore foundation is very important

9. Monetary Fund is a kind of open-end fund. According to the types of financial procts invested by open-end funds, open-end funds are divided into four basic types: Equity Fund, hybrid fund, bond fund and Monetary Fund. The first two types belong to capital market and the second one is money market
monetary funds mainly invest in bonds, central bank bills, repurchase and other highly secure short-term financial procts, also known as "quasi savings procts", whose main characteristics are "worry free principal, convenient demand, regular income, daily income, monthly dividend". Monetary funds only invest in the money market, such as short-term treasury bonds, repo, central bank bills, bank deposits and so on, with little risk. Its liquidity is second only to the bank's current savings, and its income is calculated every day. Generally, the income is carried forward into fund shares in a month, and the income is slightly higher than that of a year's fixed deposit, and the interest is tax-free. The principal of monetary fund is relatively safe, and the expected annual yield is 3.9%. It is suitable for liquid investment tools and is an alternative to savings. Due to the emergence of digital currency, a new type of Monetary Fund, virtual monetary fund, has emerged in the field of Monetary Fund. It is also called digital money fund. For example: BLC digital money fund. In general, the probability of investors' profit is 99.84%; It is estimated that the rate of return is between 3.8% and 5%, which is higher than the 3.5% interest of one-year fixed deposit, and there is no interest tax; It can be redeemed at any time. Generally, the funds can arrive on the second day of application for redemption. It is very suitable for units and indivials pursuing low risk, high liquidity and stable income.