Will digital currency be used in the future
1. Virtual digital currency may continue to develop for a long time. Due to the high security of virtual currency, it can't be issued at will, and Chinese and foreign people can't identify the user's identity information in the transaction process, a large number of people have a crazy pursuit of virtual currency
2. Virtual digital currency may be involved more widely in the future. As long as someone recognizes and uses virtual currency, the existence of virtual currency has value
virtual digital money has developed so far. Prosperity and bubbles, wealth and dreams, questioning and regulation are all on the way. Investment is risky, so we should be cautious. At present, such playing methods as bitcoin have not been approved by the regulatory authorities. It is suggested that ordinary investors should participate in the game within their ability.
the Central Bank of China held a seminar on digital currency at the beginning of this year, and the issue of digital currency by the central bank has been put on the agenda. Some international banking giants and technology companies are also developing digital currency, and the Bank of England also plans to issue digital currency. All this means that digital currency is getting closer to our real life. However, the digital currency issued by the government may be in circulation in the future, but bitcoin, Ruitai currency and vitality currency can only exist as an asset class.
many procts of blockchain technology are not currency, although they are called currency. Under the guise of digital currency investment, it is a Ponzi scheme. Even some of them don't even have blockchain technology, which is just a fake number to cheat people.
we can't say the timetable of digital currency yet. China has a large population and a large volume. For example, a new version of RMB can be changed in a few months for small countries, but it will take about 10 years for China. Therefore, digital currency and cash will be parallel and graally replaced for quite a long time. In the later stage, the transaction cost of cash will graally rise. For example, in the past, banks were asked to count a large number of coins, and there was no charge for them. Later, they may need to charge. With the incentive mechanism, people will naturally use more digital currency, but the two will still co deposit in the longer term
the central bank's issuance of digital currency is also inspired by cryptocurrencies such as bitcoin and lettercoin, and the European crowdfunding model of combining digital currency with real assets also draws on the experience of bitcoin.
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In fact, it has to be said that in terms of the current social development, digital currency may indeed replace paper money in the future, but for us, paper money still plays an irreplaceable role, just because of this, it will not disappear completely. In some sense, the diversification of payment forms is more concive to improving people's quality of life, So just because of this, we can look at the problem from the following aspects{ RRRRR}
3. At present, people of all ages use different payment methods. Because of this, paper money will still become the general payment method of the older generation, so it will not disappear completely in the short term.in fact, it has to be said that for the elderly, because of the lack of understanding of mobile payment, Even if digital currency can be used in the future, most of the elderly will rely more on the traditional payment method of paper money. Therefore, for us, even if mobile payment rises in the future, the paper money will not disappear completely.
in fact, we have to say that at present, with the rise of mobile payment, the circulation of paper money will become smaller and smaller, With the rise of digital currency, this phenomenon will be exacerbated, but the paper money itself plays an irreplaceable role, so it is precisely because of this that most elderly people will choose the traditional way, so in the short term and even in the long term, the paper money will not disappear forever
at present, bitcoin, wikilink, lightcoin and bitcoin cash in circulation on the market can be used, and they are all digital currencies, but the price fluctuation is too large to be used as currency. In addition, the central bank started to study digital currency three years ago, and has been discussing with the instry recently. In the future, the central bank's version of digital currency will appear soon.