Economic crisis digital currency
China: actively and steadily promote the implementation of the research on the central bank's digital currency
as early as 2014, the central bank set up a special research group on the issue of legal digital currency to demonstrate the feasibility of the central bank's issue of legal digital currency< On October 28, 2019, Huang Qifan, vice president of China Center for international economic exchange, said: "the people's Bank of China has studied DC / EP for five or six years, and I think it has become mature. The people's Bank of China is likely to be the first central bank in the world to launch a digital currency. "
on November 28, fan Yifei, vice governor of the people's Bank of China, said at the forum that at present, the central bank's legal digital currency DC / EP has basically completed the top-level design, standard formulation, function research and development, joint debugging and testing under the premise of adhering to double-layer delivery, M0 substitution and controllable anonymity. In the next step, we will follow the principle of steady, safe and controllable, reasonably select the pilot verification area, scene and service scope, continuously optimize and enrich the DC / EP functions, and steadily promote the introction and application of digital legal tender< European Central Bank: exploring the form and possibility of CBDC. 'we are analyzing what form CBDC may take in order to achieve its potential purpose and mitigate its potential negative impact on monetary stability and financial intermediation,' Mr. kindos said. On the stable coin, Mr jindos said that it was very uncertain whether the stable coin could deliver on its promise, and it was clear that it could bring risks to consumers and the financial system. So it is understandable that authorities around the world are calling for regulatory stability.
but everything has two sides, there is a good side, there is a bad side for example, if there is a large-scale economic crisis in the future, how can we promulgate relevant solutions to the e-money that we are not familiar with? We have been using paper money for a long time. Although we can't completely control the economic crisis, we still have relevant experience, but we don't know anything about electronic money
No
China global currency is an imitation of GEC, with the same interface and mode as GEC. It is a new currency trading financial investment platform. China global currency is a kind of virtual currency, which is not protected by law
the digital currency of the central bank is issued by the Central Bank of China, which is a digital form of legal currency. It is essentially the same as cash and has national credit. Digital currency adopts the block chain technology as the transaction mode, which has the characteristics of centralization and does not need any centralized organization similar to the clearing center to process data
extended information:
precautions for the use of digital currency:
under the framework of legal digital currency, the central bank has more direct power to regulate the money market. In the case of legal digital currency, the balance sheet of the central bank is likely to expand substantially. But in the economic crisis, financial crisis, the central bank must provide more liquidity support to commercial banks
as long as the deposit of legal digital currency meets the conditions, it is easy for users to withdraw the deposit, which will cause a payment crisis of a bank, and cause a chain reaction, which may promote systemic financial risk
The global economic downturn makes us panic. With the advent of the financial crisis, since 2008, the economy has become more and more prosperous. Now, affected by the epidemic situation and the U.S. economy, the shock of the stock market makes us panic. We are looking for a way out one after another and want to invest in something to keep our value< I think that if the financial crisis comes, the things that can be invested to keep the value are gold, bonds, stocks, daily necessities, land and houses{ Third, house, land, daily necessities, etc house and land, I think, is an eternal topic. After all, there are more people and less land. House and land have always been the most expensive in China. Therefore, when the economy is depressed, we can call Xie Xin's economic environment poor, and then use the money on hand to buy some real estate or land. When the economy recovers, we can wait for the price to rise, There is also the possibility of investing in some daily necessities, because when the economy is depressed, people's spending will be reced, so they have to use daily necessities, so they will not be greatly affected, so there will be a good income from investing in this aspect
everyone has different views on the economy and will choose some different ways to avoid risks. In fact, in my opinion, in addition to investing in the above kinds of things that are relatively safe, it's better to keep some cash in hand, because it can't be avoided at any time; Cash is king; This is a fact, but we can't just put the money in the bank, because we should all find that the interest rate is getting lower and lower now, so it is very likely that the interest rate will shrink a lot when there is no interest, and no one can guarantee what will happen in the future under the current economic turmoil
When the financial crisis comes, first of all, it depends on whether it is a local financial crisis or a large-scale financial crisis. If it is a deep-seated financial crisis, it is no problem to deposit money in banks. There is little difference between saving money in the bank and converting it into cash, because it exists in the form of cash. The risk of financial crisis lies in currency depreciation. No matter where the wealth in the form of cash is put, its purchasing power will be reced. The difference is that there is at least a little interest in the bank, and there is no interest in the hand of converting it into cash
the most common way to resist the financial crisis is to buy gold, because the nature of gold is stable and it is a natural currency, which is recognized by all countries in the world. Domestic currency can only be used in the country, but gold can be circulated all over the world. Domestic currency may depreciate, and gold will not. If you can accurately judge when the financial crisis is coming, buying a certain amount of gold is a good choice
1
bitcoin (BTC) is a digital currency with a total amount of 21 million. It has the characteristics of decentralization, globalization and anonymity, just like the Internet. Transferring bitcoin to the other side of the earth is as simple, low-cost and unlimited as sending e-mail. Bitcoin is therefore used in cross-border trade, payment, remittance and other fields. Of course, Ethereum and wikilink have similar functions
as a new thing, it is widely concerned by investors, enterprises and media< Many international companies and large enterprises have begun to test the digital money market, and their prospects are still quite good.
③ investors are influenced by people who already hold bitcoin and are afraid to miss the opportunity to make money
in 2017, the market value of bitcoin has increased several times by the end of the year despite the price fluctuation, which is enough to make the farsighted players make a lot of money. This is enough to make the spectators who have been hesitant but have not made a move particularly envious. In 2018, more people will participate in it
④ some people have lost their keys, So as to rece part of the supply
⑤ large financial institutions such as CME, COBE and Goldman Sachs began to support digital currency
with the rapid development of digital currency, all the institutions that didn't hold high hopes for bitcoin began to support the development of digital currency
with the pressure of national supervision and the supervision of relevant departments on electricity consumption, the cost of mining is becoming higher and higher, and accordingly, bitcoin will also rise with the tide
7. There may be hoarding< Many people have seen the great potential of bitcoin, so it's no surprise to hoard money.
in countries with serious inflation, bitcoin is a safe currency.
influenced by many factors, the legal hand has a separate competent department, which is prone to economic crisis under the influence of many factors, but the digital currency has no separate issuing department, And because of its virtuality, it is hard to be affected by external factors, and its security is higher. Coin purse, as the leader of digital currency purse in the market, advanced encryption technology has become multi-functional, simple and easy to operate. Players can choose and use it as the ideal purse for storing digital currency
9. Due to anonymity, illegal activities will continue to generate demand for special currency
the anonymity of digital currency determines that many illegal organizations will use bitcoin as an important means of transferring property to launder money, because there is no trace