Does digital currency have storage function
first, we need to clarify the concept, definition, classification, functions and characteristics of digital currency, put forward the Chinese definition of digital currency, distinguish the similarities and differences and relations between legal digital currency and private digital currency in technical characteristics, economic characteristics and institutional arrangements, and discuss the process of digital currency performing monetary functions, And how to meet the requirements of a high-quality monetary system
Second, we need to conct in-depth research on the operation of digital currency, and explore the issuance, circulation, transaction and withdrawal mechanism of digital currency based on the al system of central bank and commercial bank. On this basis, the selection of technical route and key technology to meet its operation mechanism is discussed, and the key technology research and breakthrough are carried out
thirdly, we should study the effect and influence of digital currency on monetary and financial operation system
fourthly, based on the above research results, the scientific top-level design of digital currency supervision is formed, including the development and design of digital currency, the development of applicable regulatory coordination tools, and the selection of appropriate regulatory indicators
more importantly, the digital currency that the central bank plans to issue is different from bitcoin, Leyte, dogcoin, decent and other digital currencies.
No
banknotes do not have the function of storage means. Only when the value of paper money remains stable for a long time can people store paper money. The paper money has the function of storage means (in the bank), but does not have the function of storage means
The storage function of money is the function of money withdrawing from circulation and being preserved as the general representative of social wealth. As a means of storage, money can spontaneously regulate the amount of money in circulation. When the amount of money needed in circulation decreases, the surplus money will withdraw from circulation; When the amount of money needed in circulation increases, part of the stored money goes into circulation As a means of storage, money must be real and valuable gold and silver money. Only gold and silver coins or gold and silver strips can play the role of currency storage{rrrrrrr}
extended data:
function of currency:
1. Value scale
value scale is the most basic and important function of currency, that is, currency acts as a scale to express and measure the value of all other commodities. The quantity of commodity value depends on the length of social necessary labor time. Here, social necessary labor time is the internal measure of commodity value
However, under the condition of commodity economy, the amount of commodity value can not be expressed directly by labor time, but only by currency as the representative of value. It can be seen that money performs the function of value measure 2. Means of circulation
means of circulation refers to the function of money as a medium of exchange in commodity circulation. Before the emergence of money, commodity exchange was the direct exchange of goods, that is, commodity commodity. After the emergence of money, commodity exchange is carried out through money as a medium, namely commodity currency commodity. Here, money plays the role of medium in the exchange of two kinds of commodities and performs the function of circulation means
3. Means of storage
meaning: storing wealth (the symbol of wealth) is not money in concept, but must be gold and silver bars (such as metal bars, etc.) of sufficient value
Means of payment refers to the function of money when it is used to pay off debts. In commodity exchange, the sale of goods can be carried out on credit instead of cash, and cash can be paid after a certain period of time. The Seller becomes the creditor and the buyer becomes the debtor. After the agreed time limit, the buyer pays off the debt to the seller in currency. Here, money plays the role of means of payment 5. World currency
meaning: when money plays a role as a general equivalent in the world market, we call it world currency. As a world currency, it must have full value, be a precious metal block, and play its role according to its actual weight. In fact, it is gold and silver that play the role of world currency. Paper money cannot be used as world currency
function: purchase foreign goods in the world market and pay the balance of payments. The need for real money, as a representative of social wealth, is generated when countries transfer from one country to another