Reasons for the introduction of digital currency
Publish: 2021-04-24 17:10:50
1. There are several reasons for the collapse of digital currency:
1. Some unscrupulous media and we media spread false information
2. The domestic policy on digital currency is tightening, and the voice of supervision is endless
3. In recent years, countries such as Europe, America and Japan are not very friendly to digital currencies represented by bitcoin and wikilink
4. After a round of explosion, the value of digital currency instry graally returns to rationality.
1. Some unscrupulous media and we media spread false information
2. The domestic policy on digital currency is tightening, and the voice of supervision is endless
3. In recent years, countries such as Europe, America and Japan are not very friendly to digital currencies represented by bitcoin and wikilink
4. After a round of explosion, the value of digital currency instry graally returns to rationality.
2. It is an inevitable trend for the central bank to prepare to issue digital currency. Bitcoin, as the representative of digital currency, is in the forefront of the exploration of currency form. Most countries in the world love and hate bitcoin, especially China's bitcoin launched a series of attacks, but bitcoin is still standing, showing strong vitality
however, the digital currency that the central bank plans to issue has the monetary attribute and has the credit endorsement of the central bank. The central bank's version of digital money will first be applied to the bill market. It is still difficult for the central bank to popularize the digital currency in China, because the degree of economic development is different across the country
at the same time, there are some applied digital currencies in China. For example, the Puyin digital currency launched by Puyin group is a standard digital currency with credit endorsement of related tea assets.
however, the digital currency that the central bank plans to issue has the monetary attribute and has the credit endorsement of the central bank. The central bank's version of digital money will first be applied to the bill market. It is still difficult for the central bank to popularize the digital currency in China, because the degree of economic development is different across the country
at the same time, there are some applied digital currencies in China. For example, the Puyin digital currency launched by Puyin group is a standard digital currency with credit endorsement of related tea assets.
3. Perhaps there is a worry that, like bitcoin, the value of the currency will be unstable and will jump up and down after it is issued, and an unstable currency will be very harmful to a country. After all, digital currency is still a "scarce commodity", and international speculators will not miss this opportunity.
4. Hello, with the continuous development of modern science and technology, digital information technology is more and more developed, and the developed countries in the world are slowly promoting the process of digital currency
therefore, as the world's second largest economy, we need to develop and implement digital currency
the above are my personal suggestions, which I hope will be helpful to your questions.
therefore, as the world's second largest economy, we need to develop and implement digital currency
the above are my personal suggestions, which I hope will be helpful to your questions.
5. On January 20, 2016, the people's Bank of China announced on its website that it held a seminar on digital currency. At the meeting, the central bank asked its digital currency research team to "strive for the early launch of the digital currency issued by the central bank". Similarly, central banks such as the Bank of England and the Bank of Canada are planning or considering issuing their own digital currencies. After the advent of bitcoin triggered a wave of private issue and de nationalization of digital currency, the digital currency issued by the central bank seems to have become a global trend
digital currency is a new technology, which is different from the traditional electronic payment tools used by online banking and third-party payment companies. It is developed on the basis of a series of new technologies - they are not tools to transmit money; They are money in themselves. Among them, digital currency based on cryptography is also called cryptocurrency. Bitcoin is a model of this kind of digital currency. After its birth, it inspired many similar systems. Some commercial banks and central banks have also begun to develop their own digital currency. According to the different issuers, we can divide digital currency into three types:
1. Digital currency issued by non-financial institutions
in November 2008, a man named Nakamoto Tsung invented a new technology called blockchain and designed a point-to-point e-cash system, namely bitcoin, for the first time. On January 3, 2009, Nakamoto completed the code development of bitcoin. Due to its point-to-point and electronic nature, bitcoin can be passed directly between two people without the need for a centralized settlement institution. Therefore, it is a fast, low-cost, borderless payment system
2. Digital currency issued by commercial banks
some large international financial institutions have taken a fancy to the low-cost, fast and safe characteristics of digital currency, and began to try to use its underlying technology, namely blockchain technology, to develop their own digital currency. For example, four of the world's largest banks, UBS, Deutsche Bank, Santander bank and New York Mellon bank, are already involved. Their digital currencies are similar to those mentioned above, but their issuers are different. It is particularly noteworthy that financial institutions develop digital currency to meet the needs of their own rapid clearing transactions, rather than challenge the financial situation by replacing the legal currency issued by the central bank. The domestic Puyin group also launched Puyin
3. Digital currency issued by the central bank
some central banks, such as the people's Bank of China and the Bank of England, also plan to launch their own central bank digital currency after some research on digital currency. Technically, CBDC is the same as the above two, but e to its special identity, CBDC will have a greater economic impact, which is the reason why the central bank wants to introce CBDC.
digital currency is a new technology, which is different from the traditional electronic payment tools used by online banking and third-party payment companies. It is developed on the basis of a series of new technologies - they are not tools to transmit money; They are money in themselves. Among them, digital currency based on cryptography is also called cryptocurrency. Bitcoin is a model of this kind of digital currency. After its birth, it inspired many similar systems. Some commercial banks and central banks have also begun to develop their own digital currency. According to the different issuers, we can divide digital currency into three types:
1. Digital currency issued by non-financial institutions
in November 2008, a man named Nakamoto Tsung invented a new technology called blockchain and designed a point-to-point e-cash system, namely bitcoin, for the first time. On January 3, 2009, Nakamoto completed the code development of bitcoin. Due to its point-to-point and electronic nature, bitcoin can be passed directly between two people without the need for a centralized settlement institution. Therefore, it is a fast, low-cost, borderless payment system
2. Digital currency issued by commercial banks
some large international financial institutions have taken a fancy to the low-cost, fast and safe characteristics of digital currency, and began to try to use its underlying technology, namely blockchain technology, to develop their own digital currency. For example, four of the world's largest banks, UBS, Deutsche Bank, Santander bank and New York Mellon bank, are already involved. Their digital currencies are similar to those mentioned above, but their issuers are different. It is particularly noteworthy that financial institutions develop digital currency to meet the needs of their own rapid clearing transactions, rather than challenge the financial situation by replacing the legal currency issued by the central bank. The domestic Puyin group also launched Puyin
3. Digital currency issued by the central bank
some central banks, such as the people's Bank of China and the Bank of England, also plan to launch their own central bank digital currency after some research on digital currency. Technically, CBDC is the same as the above two, but e to its special identity, CBDC will have a greater economic impact, which is the reason why the central bank wants to introce CBDC.
6. Encrypted digital currency is to replace the intermediate links that need to be trusted by the blockchain system, so that everyone is equal, fair, open and transparent. The consensus brought by this mechanism of distrust is the real reason for the fire.
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