Digital RMB will increase currency circulation

1.

The digital RMB red envelope of 10 million yuan issued by Shenzhen city has brought the development of e-money back to the people's vision

in fact, since April 2020, small-scale pilot projects of digital RMB have been carried out in Shenzhen, Cheng, Suzhou and xiong'an, and the pilot scale will be expanded to 28 provinces and cities in August 2020

as a socially recognized "super outlet", in addition to the high investment of digital currency related enterprises, its impact on the financial market is also of great research value

Policy evolution of the development of digital RMB

as early as 2014, the central bank has concted research layout on digital RMB, and discussed the development framework of digital RMB with major international financial institutions and research institutions in the 2016 digital currency seminar

after six years of development, China has initially developed the "pbctfp blockchain platform" and continuously promoted the pilot activities of digital RMB. It can be predicted that as today's technology and policy outlet, digital RMB will have excellent development prospects and extremely fast development speed in the next few years

Figure 1: Policy Evolution of digital RMB

with the improvement of China's national strength, digital RMB provides an opportunity to establish a "new system of RMB cross border settlement", which can promote RMB payment activities around the world and realize the internationalization of RMB

2. The total price of goods is a certain amount. First of all, it's faster than circulation. But it's certain that the circulation times of money will correspondingly rece their currency circulation, which is also that the circulation speed of money is faster than the circulation times

3. This should not have any impact.

4.

In fact, digital RMB is a kind of paper RMB replaced by digital RMB. Recently, digital RMB has been tested in some cities, which also shows that digital RMB will be popularized soon. The biggest difference between digital RMB and paper currency is the form. One is that you can feel it on your hand, and the other is that you can only see a series of numbers on your mobile phone. After the implementation of digital RMB, you can use paper RMB to exchange 1:1

What kind of payment do I usually use

basically has no cash in it, but it can be carried with a mobile phone. Because most areas will accept Alipay or WeChat payment. p>

5.

I think digital currency will bring us the following impacts:

first, different forms of expression

in the past, money was the general equivalent in the sense of economics. In short, money can be exchanged for all goods. Digital currency has no physical form, which is very similar to electronic currency. The difference between the two is that money is equivalent to the deposit on the bank card, supported by real money. Digital currency is the information form of currency directly, without the support of real currency

To sum up, digital currency is a trend of the times and a reflection of China's adaptation to the times. In the short term, it is difficult for people to adapt to digital currency. In the long run, digital currency is a trend of the times. We must grasp the trend of the times and be a trendsetter of the times. I hope the above answers will help you

6.

six pilot test areas have been added for digital RMB. with the continuous promotion of pilot tests in various places, the use scenarios of digital RMB and the number of participating institutions are increasing< there are many advantages to using digital RMB

digital currency is also concive to promoting RMB internationalization . Cumbersome currency exchange proceres can be easily completed online, and the convenience brought by digitization will make RMB more recognized internationally. If we apply one-to-one, one-way and other regional economic cooperation organizations, we will help expand the scale of transactions, further promote RMB digital trade, and promote regional economic cooperation. In the future, our digital RMB will make greater breakthroughs in application scenarios, and more consumers will graally contact and use digital RMB on the basis of safe use

7.

As early as last year, digital personal currency was used on a pilot basis. Digital currency will become a new form of currency in the digital era, which is also an important milestone in the field of mobile payment{ RRRRR}

at the same time, digital RMB can rece the cost of equipment and labor in the process of printing banknotes to a certain extent. After the paper money is worn and aged, the state has to recycle it

from a larger point of view. Digital RMB can help RMB go to the world better and improve the internationalization level of RMB. It may be more convenient to use RMB abroad

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9. To the north of Ximen, take s Changping at Beijing North Station, and you will get to Badaling Great Wall
the problem has been solved and can be adopted.

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