Can digital currency paper money still be used

1. In theory, the central bank issues digital currency to replace paper money. However, this process is very slow, because the development of various regions in China is seriously unbalanced, and the acceptance of digital currency is also different. The digital currency trial run by the central bank is only applied to the bill market
in the future, there may be many digital currencies in China, and each digital currency will have its own application. For example, Puyin is a very interesting digital currency, which corresponds to the assets related to tea.

2. After the central bank issues the digital currency, the paper currency will continue to circulate in the market, and the paper currency will go hand in hand with the digital currency. Just like many people are using Alipay and WeChat to pay now, banknotes are still the main way of payment, and the future digital version of the central bank is also true.
the central bank's version of digital currency will first be applied to the bill market. The central bank's version of digital currency has the property of currency and has the credit endorsement of the central bank
recently, Puyin group also launched the tea based digital currency Puyin. Puyin is a high-quality Tibetan tea asset that is stored, identified, evaluated and authorized by three parties, and a standard digital currency issued by encryption and digitization.

3. Digital currency will be a supplement to the currency series, completing the same payment and clearing functions as paper money. Of course, digital currency has its unique advantages, and new currency application functions may appear in the future. Compared with paper money, digital money is more convenient and easier to store, but when it comes to replacement, it is not necessarily possible, at least in the short term.

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

5. Edison (1847-1931) was a famous American inventor. He was diligent, studious, thoughtful and hardworking all his life. At the age of 75, he also went to the laboratory on time every day to check in for work. For decades, he worked for more than ten hours every day and read for three to five hours in his study at night. If we calculate by the activity time of ordinary people's life, his life has been doubled. So Edison, on his 79th birthday, said to people with pride, I'm 135 years old. He lived to be 84 years old. He made 1100 inventions in his life. His greatest contributions were the invention of phonograph and automatic telegraph, the experiment and improvement of incandescent lamp and telephone. Edison began to study electric lamps in his early twenties. It took him more than 10 years. He used thousands of different materials, such as bamboo, cotton, graphite, tantalum, and so on, as filament materials to carry out experiments. He often reached the top of the sky. Once, he and his assistants worked continuously for five days and nights. In 1879, Edison used carbon filament as incandescent filament and ignited it for 40 hours. Because the surface of carbon fiber is porous, brittle and low strength. It was soon replaced by tungsten wire< In 1883, Edison discovered the phenomenon of hot electron emission, also known as "Edison effect", that is, some electrons or ions near the metal surface get enough kinetic energy e to the high temperature, so as to overcome the binding of the surface and escape from the metal. Edison effect is very important for the operation of all vacuum tubes. The cathode, as the emitting surface, is often coated with alkaline earth metal oxide to facilitate electron emission, and heated by electric current to maintain high temperature< In 1900, Edison invented the iron nickel battery, which is an alkaline battery with electromotive force of about 1.3-1.4 V, long service life and low efficiency.

8. The impact of digital currency on paper money is inevitable, but it will not completely replace paper money. The central bank's digital currency is the digital replacement of paper money. The functions and properties of digital currency are exactly the same as paper money, but its form is digital. The central bank's digital currency DC / EP should start from M0, that is to say, it should start from the replacement of banknotes and coins in circulation by digital currency, not to replace all RMB. In fact, the balance in the commercial bank account already exists in the form of digitization, so there is no need to replace it
the current network transmission of digital RMB system (DC / EP) information is the testing content in the process of technology research and development, but it does not mean that the digital RMB is officially launched. At the current stage, the internal closed pilot test will be concted in Shenzhen, Suzhou, xiong'an, Cheng and the future Winter Olympic Games
digital currency based on blockchain has al characteristics. On the one hand, it can replace the existing inefficient cross-border payment and settlement system and promote the development of trade; On the other hand, because of its decentralized, autonomous and anonymous nature, it is easy to cause economic fluctuations and encourage criminal activities
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