Does digital currency have mother currency

1.

China does not issue digital currency, and all the existing digital currencies are illegal

the central bank pointed out that no legal digital currency has been issued, and no institutions and enterprises have been authorized to issue legal digital currency. At present, the so-called "digital currency" in the market is not legal digital currency

virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency

"the legal currency of our country is RMB." In the risk warning, the monetary Bureau of the people's Bank of China once again stressed that RMB is uniformly printed and issued by the people's Bank of China

extended information:

with the soaring price of virtual currency represented by bitcoin, digital currency and the blockchain technology behind it have attracted great attention of the global financial community. In fact, legal digital currency has not yet been issued in China. Recently, the official website of the monetary Bureau of the people's Bank of China (PBOC) released the risk warning on issuing or promoting digital currency in the name of the people's Bank of China

in 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency

At the same time, digital money is different from electronic payment. In the actual use experience, digital money and electronic payment may feel similar, but they are still quite different in essence. Before digital currency, the financial instry has been highly informationized

such as Internet banking, WeChat, Alipay and other payment electronic popularization graally, physical cash accounts for only a very small part of all circulating currencies. In spite of this, because the money used in the transaction comes from the bank account, it actually corresponds to the banknotes

currently, digital currency in the market involves multi-level marketing

digital currency is a new technology that can improve the efficiency of transaction, but it is targeted by lawless elements to carry out pyramid selling and fraud in its name

the official website of the monetary Bureau of the people's Bank of China issued the risk warning on issuing or promoting digital currency in the name of the people's Bank of China. The central bank pointed out that recently, indivial enterprises falsely used the name of our bank to label relevant digital procts as "authorized issuance by the people's Bank of China", or falsely claimed that the digital currency promotion team of the central bank issued, in an attempt to deceive the public and take the opportunity to make huge profits

in the risk warning, the central bank stressed that the bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency

at the same time, 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. The general public should raise their risk awareness, invest rationally and prudently, and prevent the interests from being damaged

2. There is no "digital currency" at all. In other words, wechat payment is actually a digital currency
for example, bitcoin is called "digital currency" or "cryptocurrency". It's hard to say that it's money, because it doesn't have the characteristics of money
currency speculation or currency circle refers to the so-called currency. Future money, fire money... All belong to the same category. They are digital symbols with no real value and no security. Don't touch them if you don't understand them
in my opinion, these so-called digital coins are the modern version of Dutch tulips, which will return to zero sooner or later and become air coins.

3. Digital currency is to replace the real currency to complete commodity transactions. Digital currency is more convenient, faster and more healthy than cash. It can not appreciate itself

4.

1. Bitcoin

the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system

2. Litecoin (LTC) is an improved version of digital currency inspired by bitcoin. It was designed and implemented by a programmer who worked in Google. It was released on November 9, 2011. Lightcoin and bitcoin have the same implementation principle in technology, but the creation and transfer of lightcoin is based on an open source encryption protocol, which is not managed by any central organization

extended data

characteristics of bitcoin currency:

1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom

2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5. First of all, I need to emphasize that the virtual currency represented by bitcoin is not a domestic currency. The following is part of the notice on bitcoin risk issued by the central bank and other five ministries and commissions at the end of 2013:

although bitcoin is called "currency", it is not a real currency because it is not issued by the monetary authority and does not have such monetary attributes as legal compensation and mandatory. In nature, bitcoin should be a specific virtual commodity, which does not have the same legal status as currency, and can not and should not be used as currency in the market

at this stage, financial institutions and Payment institutions are not allowed to price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, and directly or indirectly provide customers with other services related to bitcoin, including: providing customers with bitcoin registration Trading, clearing, settlement and other services; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc

but bitcoin, Fuyuan and Laite can be traded on the trading platform in exchange for RMB. It can also trade with other commodities in the form of barter.

6. Tiktok: first, you can record the mode and then save it to the local. Then you'd better download the mobile phone editing and edit it, then click the middle and the lower plus sign to send the local video.
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7. Domestic mainstream exchanges all support the purchase of RMB, but it's better to go to the larger exchange like okex, so as to have some protection. Secondly, it is suggested that before purchasing bitcoin, we should have a deep understanding of the market and some price fluctuations of bitcoin. Bitcoin has many problems in the market economy environment, which will affect the price of bitcoin. If you are satisfied with my answer, please accept it

8. Digital currency is of great significance in asset allocation. One of the characteristics of digital currency is that its correlation with other traditional assets is close to zero, which is very low, and low correlation varieties can often be seen as a tool for investment diversification. When the traditional market encounters extreme events, digital currency has the function of value preservation. So I prefer to use digital currency as a hedging tool. At present, 10% of my assets are invested in bitcoin on the okex exchange. Please accept my answer. Thank you very much. If there is any need, you can ask, thank you!

9. At present, the most famous is bitcoin. Then there is our digital RMB. In fact, according to different algorithms, in theory, there can be countless kinds of digital currency. The specific number of issues depends on the will of the issuing body.

10. So far, no country has issued digital currency, but swindlers have issued hundreds of worthless digital currencies. They can also trade on the exchange opened by swindlers, buy RMB and lose money. They can make a lot of money by buying the currency issued by these swindlers. They repeatedly emphasize how much money they can make a year and what is the rate of return, but they never mention how these profit returns come from? There are many leeks who are blinded by profits!