Digital currency limits consumption

1.

The digital currency of the central bank is DCEP

the name of the digital currency developed by the central bank is DCEP (digital currency electronic payment). DC is digital currency. EP is electronic payment. Payment transmits digital things through a certain way, not paper currency. Therefore, electronic payment itself has the attribute of digital currency

The characteristics of digital currency are: low transaction cost; Fast trading speed; Highly anonymous

extended data

Application of digital currency

I. fast, economic and safe payment and settlement

cross border payment helps RMB internationalization. In 2015, the settlement volume of cross-border payment involving current account is about 8 trillion yuan. To accelerate the internationalization of RMB, cross-border payment and settlement procts and solutions with low cost, high efficiency and low risk are needed

At present, there are still a lot of repetitive human work in the bank's electronic loan process and processing process, and as the basic support of loan issuance, many of the collateral has the situation of false pricing or multiple or even no collateral. We can consider using digital currency to price and track bank collateral:

3. Bill finance and supply chain finance

in recent years, various bill market businesses based on commercial bills have grown rapidly, and bill financing procts have become a hot area of Internet financing. However, about 70% of the current bill businesses in China are still paper transactions, Supply chain finance is also highly dependent on labor costs

reference materials

network digital currency

2.

We need to call the police. This belongs to currency fraud. We can't blindly trust the virtual investment platform that can easily earn a lot of money. Fraud gangs often use "small investment, big income" as t to let investors taste the sweetness first and then increase investment, so as to achieve the purpose of fraud

at present, the so-called "digital currency" in the market is not legal digital currency. The so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud. It is necessary for the general public to raise their risk awareness, invest rationally and prudently, and prevent the interests from being damaged

extended information:

five ways to distinguish whether digital currency is MLM currency. virtual currency does not rely on specific monetary institutions to issue, it is based on a specific algorithm, generated through a large number of calculations, is a decentralized way of issuing. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head

2. Transaction mode. Virtual currency is a kind of sporadic transaction formed spontaneously in the market. After the scale is formed, the third party graally establishes an exchange to complete the transaction. The MLM currency is issued by an institution and traded on its own platform

3. The virtual currency itself is an open source program, maintained in the GitHub community. The parameters and methods of the total amount limit are shown in the open source code. The open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, so its essence is controlled by the website like Q currency

Whether the source code link is given. The general decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. What MLM currency focuses on is the transaction process of recharge purchase, not to mention its operation mechanism, and even the website does not have the link address of the source code

5. Whether the official website starts with HTTPS. In general, the addresses of the official website and trading website of decentralized digital currency begin with HTTPS. The purpose of this kind of website is to protect users' data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS

3. 1. 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

2. 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

warm tips: ① the above contents are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts. ② There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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4.

It's illegal

First, digital currency ICO is illegal in China.

in September 2017, the people's Bank of China issued an announcement on preventing the financing risk of token issuance, which formally determined that ICO is illegal financing without approval, and no organization or indivial is allowed to participate

later, it was announced on April 23, 2018 that the left and right digital currency ICO platforms had all withdrawn from the Chinese market, so the current ICO is illegal in China

Second, digital currency exchange is prohibited in China.

after announcing that ICO is an illegal financing activity, the central bank also listed services such as trading, exchange, pricing and information intermediary for virtual currency as prohibited items, which means that digital currency exchange is illegal in China

all trading platforms, including bitcoin China, okcion and fire coin, announced in 2018 that they would stop the RMB recharge business and graally shut down their trading platforms. As of April 2018, all digital currency exchanges had completely withdrawn from the Chinese market

< H2 > extended information

digital currency generally has a special digital currency exchange. We can buy the digital currency we need in our digital currency exchange

we can buy from our friends in addition to the exchange. If a friend has something, you can discuss and ask if he can sell it to you

we can buy our digital currency from traders nearby if we need more

we accept payment by digital currency payment service. If we open a physical store, we can support payment by digital currency, so we can also get our digital currency

finally, we can get digital currency by mining, and we can get digital currency by equipping mining machine to work mining, such as investing more hardware

digital currency trading: it can be traded only after RMB or digital currency is recharged in a third-party digital currency exchange

purchase of digital currency: no matter how many coins you buy, there is no limit. For example, if bitcoin is 100000 yuan, you can buy 0.0001, and there is no limit on how many coins you can buy or sell

digital currency trading time: 365 days a year, 24 hours a day, can be traded

5. How does the central bank set the minimum limit on the amount of money to be paid into an account? If you want to visit the official website of the people's Bank of China, you need to make an information inquiry

6. There is no setting.
in addition, transaction
the central bank's digital currency does not need to be traded
just like ordinary cash, it's just digitized. How can we trade RMB or digital currency
have you been cheated
some people use digital currency as a cover to cheat people,
now there are too many

7.

Recently, the price of global crypto digital currency is quite unstable. Bitcoin has fallen below US $7000 from its peak of US $20000 at the end of last year, and soared by more than 11% in one day. There are huge fluctuations in the market, and there are many differences in the attitudes of countries towards digital currency. Some announced that they would issue the world's first sovereign legal digital currency, showing a "strong support" attitude, and more countries carefully observed and focused on research and guidance

the existing monetary and financial system is not a natural evolution, but an inevitable result of legal restrictions or government regulation. Although cryptocurrency has many defects, it is also a valuable experiment, especially in the exploration of super sovereign currency. Different from precious metal currency and credit currency, they are oriented to the exploration of "transaction benchmark consensus" in the data age. Of course, if it is affected by too much price fluctuation, speculation, deflation restrictions, etc., and the payment function of crypto digital currency can not be truly implemented, it can only be further and further away from the "currency experiment", or become a special basic "digital asset", or a flash in the pan in the long history

still want to cancel virtual currency< br />

8. Strictly control the system loss sharing:
when the system loss is generated, it is shared equally by the profit-making customers after the settlement. Especially when the big market occurs, the sharp drop or sharp rise of the price will cause the customers to burst their positions in a large area, forming a huge system loss, and the loss will be shared equally by the profit-making customers. The mechanism of position margin + floating margin is adopted, A customer's position needs a fixed margin. When the floating margin reaches the warning line, the system will remind the customer to add margin. Otherwise, when the margin is not enough to hold so many positions, the system will forcibly level off the excess positions to control the risk of the customer. This mechanism strictly controls the leverage, and the leverage of futures can reach 10 times at most, The size of the position is determined by the customer's capital. Generally, a slightly larger fluctuation will not cause the customer to burst the position, so that the profit customers will not be allowed to share the system loss. Then the customer's profit capital can be fully recorded<

circuit breaker price mechanism:
the exclusive digital currency circuit breaker mechanism is provided. When the price fluctuates sharply in a short time, such as 10% within a few minutes, the circuit breaker mechanism will be triggered. If the price exceeds the circuit breaker price within one minute, the Commission will stop reporting. If the circuit breaker price is still maintained after one minute, the circuit breaker price will continue to be expanded. At this time, the client can continue to commission, But still can not exceed the current price. In this way, the fairness of the trading environment is prevented from being affected by human malicious entrustment, and the price manipulation is also avoided

- "detailed explanation of lightcoin Futures Rules"

9. If fire coin net is cheater net, then 99% of the exchanges on the market are cheater net

there is no country in the world for the legal thing. It is legal to explicitly support or legally mark the digital currency exchange

it just acquiesces in its existence, and it doesn't object to its existence

not only refers to fire currency, but also includes other exchanges

as for most users who say that accidents such as plugging in and pulling out the network cable are really obscene, but this phenomenon exists in most exchanges. It will be serious a few years ago, but now it will be much better, although it will happen occasionally

digital currency exchange, because there is no z.f endorsement, almost relies on its own integrity management and graally accumulates with Hukou stele

at present, on the non trumpet, fire coin ranks first in terms of user activity and 24-hour trading volume

the most authoritative certificate is the MSB digital currency license. Most of the major exchanges want or have obtained this certificate<

the US MSB license is a kind of financial license that is supervised and issued by the US Treasury Department. It mainly deals with businesses and companies related to money services, including the transactions and issuance of multi-channel currency and virtual currency, as well as foreign exchange, international remittance and so on. Companies engaged in the above-mentioned related businesses in the United States must apply for MSB license to operate legally. It is also a license that all companies that want to operate digital currency business in the United States must have

the above are my views for reference only

if you are a novice and don't know how to choose a currency, you can directly choose bitcoin BTC, which is the most stable investment method

if you want a simple and direct way to invest in the currency circle, don't want to learn the complex K-line and don't have to keep an eye on the market every day, then you can choose to use other automatic currency speculation tools to help you realize it

the CCR automatic currency speculation robot uses the built-in multi-function strategy, combines with the big data analysis of major exchanges, connects with your exchanges through API, and automatically helps you to speculate currency 24 hours. The robot has only the right to trade, but not the right to withdraw currency. The principal is in its own hands, and its safety is guaranteed. The robot has been released for more than two years, and its operating income is very stable, Relevant historical data can be provided.

10. You can pass it on to others and consume it