Explanation of credit currency and digital currency terms

1. E-money is an electronic payment method of real money, which can normally purchase, transfer and withdraw cash; Virtual currency is a kind of currency simulated by a certain conversion relationship, which can not be used for general shopping and direct cash withdrawal. Different concepts

2.

As the symbol of metal currency, credit securities act as the means of circulation and payment in the market. There are cheques, promissory notes, bank notes and so on, with bank notes as its main and perfect form. From the function of monetary means of payment

different from paper money, a considerable part of transactions do not need money. Credit currency can be transferred from one person to another continuously, and the issuer is responsible for cashing and paying off. It reflects the credit relationship between creditors and debtors

Credit:

① honesty, the trust obtained by keeping promises: keeping promises. ② The general term for deferred payment or delivery in money lending and commodity trading. A special form of value movement with repayment as the condition
including:

(1) bank credit is a kind of money lending activity with the bank as the party

(2) commercial credit is a short-term credit activity based on any party's delay in payment or delivery in commodity transaction

(3) national credit refers to the borrowing and lending activities (such as issuing bonds) with the state as the party

(4) consumer credit refers to the credit provided to indivial consumers (such as installment payment). ③ Trust reuse: it is an important link in the development of an enterprise whether it can be trusted or not

Currency: a special commodity that serves as the equivalent of all commodities. Money is the general representative of value, you can buy any other goods

credit currency is a kind of currency which is issued and created by credit program with credit as guarantee. Credit currency is the proct of the further development of substitute currency, which has become the currency form adopted by almost all countries in the world. It can be said that credit currency is the direct consequence of the collapse of metal currency system

In the 1930s, e to the outbreak of the world economic crisis and the financial crisis, the major western countries were forced to break away from the gold standard and the silver standard system, and the issued paper currency could not be converted into metal currency. In this case, the credit currency came into being

The implementation of credit monetary system in the world can be divided into two steps, and the realization of these two steps is based on the two international monetary systems of "Bretton Woods system" and "Jamaica system". The former cuts off the free exchange relationship between gold and paper money at home, while the latter cuts off the free exchange relationship between gold and paper money among governments in the world

3. Credit currency refers to: as a metal currency symbol in the market as a means of circulation and means of payment of credit securities. There are cheques, promissory notes, bank notes and so on, with bank notes as its main and perfect form. From the function of monetary means of payment
different from paper money, it can make a considerable part of transactions without currency. Credit currency can be transferred from one person to another continuously, and the issuer is responsible for cashing and paying off. It reflects the credit relationship between creditors and debtors.

4. It is the result of the high development of modern commodity economy and the rapid circulation of funds.

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6. Chinese words, the so-called credit, refers to a mutual trust between people, units and commodity transactions between the formation of relations of proction and social relations.