Currency in the form of digital circulation
digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions)
digital currency has the main characteristics of network packets. This kind of data packet is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data packet comes from and goes
based on the characteristics of digital currency, the direct benefit of digital currency to the central bank is not only to save the cost of note issuance, circulation and settlement, but also to enhance the central bank's ability to control funds
Electronic money and virtual money are called digital money. According to the definition of the European Central Bank, virtual money is issued by non central banks, credit institutions and e-money institutions, which can be used as the numerical expression of the value of currency substitutes in some cases{rrrrrrr}
extended information:
the process of digital currency trading through the platform is as follows:
(1) investors should register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time
(2) users can buy and sell digital currency with the money in their cash account, just like buying and selling stocks and futures
(3) the trading platform will sort the buying requests and selling requests according to the rules and start to match them. If they meet the requirements, the transaction will be concluded
(4) e to the difference between the buy and sell volumes submitted by users, a buy or sell request may be partially executed
ring the summer vacation, buses to the town center will leave the hall at half an hour every day. The canteen will provide three meals a day from 7 a.m. to 7 p.m. on weekdays and two meals from noon to 7 p.m. on weekends Students, you may have the wrong number about the canteen time in this place. Please check it yourself.) the library will keep the usual work and rest time ring the working days of each week, but the working hours on Saturdays and Sundays will be shortened. The weekend work and rest time is from noon to 5 p.m
all students who want to use the library borrowing service must have a new summer card
the notice will also be published in the student newspaper next week.
(2) the forms of money circulation include cash and non cash circulation.
cash circulation is a kind of money movement that directly uses cash as a means of circulation and payment, which is mainly the same as the commodity circulation in the retail market of consumer goods The micro payment of indivial residents is related to the currency circulation
non cash circulation or deposit transfer settlement mainly refers to the commodity circulation in the market of means of proction and wholesale market of means of consumption, the large amount payment of enterprises and institutions, and the currency circulation associated with financial transactions< (3) money as a means of circulation can be divided into three levels according to its flexibility:
M0 = Cash
M1
=
M0
+
deposits of enterprises and institutions + current deposits of urban and rural residents
M2
=
M1
+
fixed deposits of urban and rural residents
+
deposits of enterprise special funds + discounted Treasury bills