Digital currency deposited in bank

1. Will currency say this to US dollars in banks? This is not necessarily because at present, digital currency has not included US dollars, or US dollars are not suitable for currency inction

2. The virtual currency we use on the Internet, such as q-coin or other game currency, is strictly virtual goods or intermediate goods. It is not money and does not have the purchasing power of legal tender. bitcoin, which is more talked about in the market, is also different. It is a decentralized virtual currency realized by using blockchain technology, which is easy to facilitate money laundering. Therefore, the application of blockchain technology should not be copied. If the central bank issues digital currency, it should be a kind of centralized currency. The legal currency issued by the central bank, encrypted and supported by national credit, should meet the regulatory requirements
a few days ago, Indian Prime Minister modi announced the issuance of a new currency aimed at combating tax evasion and money laundering. In fact, if the central bank issues digital currency with perfect technology and mature mechanism, it will have better effect. Because the digital currency, in addition to anti-counterfeiting, with the help of blockchain technology, makes the capital data traceable and highly transparent. These features can also be used for macro data statistics and monitoring, which has positive significance for big data risk control
as for what bank digital currency is, the central bank requested at the meeting on January 20 this year that the research team of the people's Bank of China should actively absorb the important achievements and practical experience of digital currency research at home and abroad, continue to promote on the basis of preliminary work, establish a more effective organizational guarantee mechanism, and further clarify the strategic objectives of the central bank in issuing digital currency, Do a good job in tackling key technologies, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible.

3. Can digital currency be converted into cash? This is for sure. There is a platform for converting currency into cash currency. For example, if bitcoin is converted into RMB, it can be converted in bitcoin China

4. The digital currency of the central bank can't see any influence now. Let's take another look

5. As of August 21, 2019, the digital currency Research Institute of the central bank has applied for 74 patents for the design of digital currency
this model does not change the relationship between creditor's rights and debt of currency in circulation, the existing money supply system and al account structure, will not constitute a competition for commercial banks' deposit currency, will not increase the dependence of commercial banks on the inter-bank lending market, will not affect the lending ability of commercial banks, and will not lead to the phenomenon of "financial disintermediation". At the same time, because it does not affect the existing monetary policy transmission mechanism, it will not strengthen the pro cyclical effect under the pressure environment, and it can improve the convenience and security of payment, and it also has the credit advantage of central bank endorsement<
practical significance:
the digitalization of central bank's currency helps to optimize the central bank's monetary payment function and improve the central bank's monetary status and the effectiveness of monetary policy. The central bank's digital currency can become an interest bearing asset to meet the holder's reserve demand for safe assets, and can also become the lower limit of bank deposit interest rate. It can also become a new monetary policy tool. At the same time, the central bank can affect the bank's deposit and loan interest rate by adjusting the central bank's digital currency interest rate, and help break the zero interest rate lower limit
for reference.

6. Can also deposit, with now is the same, you buy money on Taobao, the same interest.

7. There was no impact
at present, the national legal digital currency is only tested in a small range, and has not been officially used
digital currency is the same as paper RMB, which has the same legal effect. Even if it is widely used in the future, it will not affect the existing financial business, and the fixed deposit will not be affected.

8. Financial investment should not only look forward to high returns, but also pay attention to steady low-risk asset appreciation. Index bank not only provides investors with reliable investment advice, but also accepts the custody exchange of a variety of mainstream digital currencies to maintain and increase value. In other words, this is a "yu'ebao" based on encrypted digital currency. No matter what the market situation is, as long as investors deposit the mainstream digital currency into index bank index bank, they can realize the continuous appreciation of assets without worrying about the loss of principal caused by currency price fluctuation. It increases the weight of retail investors, reces the market fluctuation of currency price, and helps to maintain the stability of the market. For retail investors, it is a very reliable way to maintain and increase the value of assets.

9. Digital currency is a blockchain technology. At present, no hacker or organization can steal or crack this technology. Banks are conventional storage, and digital currency is the future trend