Digital currency circulation

1.

It's illegal

the central bank indicated that it has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency

In addition, the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud

extended information:

virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency

in 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency

2. At present, digital currency is not really in circulation in any country. In South America, there was a small country that wanted to issue its own sovereign digital currency, but there was no latest progress. Of course, China, Britain and other big countries have planned to issue digital currency, but it is still in a testing stage and has not really implemented it
the first country to recognize bitcoin as legal was Germany, which first defined bitcoin as an alternative currency. Of course, in the future, sovereign digital currencies may be popular, and digital cryptocurrencies such as bitcoin, Ruitai coin, Laite coin and vitality coin will become a supplement.

3. In theory, all the money in circulation now will disappear over time. Because, the existing currency will graally not adapt to the needs of social development and graally be eliminated, just as now the third-party payment has begun to replace the trend of cash transactions. After the degree of economic development reaches a certain level and the infrastructure is perfect enough, paperless transaction will become a reality
the central bank has made it clear that it will issue digital currency, which has the function of legal currency. The token issued by European crowdfunding platform for crowdfunding projects only exists as an asset certificate, which can be traded in the market and the exit mechanism is more flexible; Of course, the digital currency launched by some platforms is used as platform points.

4.

is not online yet, but it can be put into use immediately after it is online. The digital currency of CCB a few days ago is actually a test. However, some people say that this warm-up is likely that the digital currency will be issued and used immediately. what is the use of digital currency? Is it the same as WeChat Alipay? In this regard, Wang Jian, chief analyst of Guoxin Securities financial instry, believes that the number of Renminbi and banknotes and coins are RMB cash. Alipay, WeChat payment and so on are just a payment tool. Through these two channels, the balance of personal bank card is still used, or the credit card is being brushed, and the digital Renminbi payment is used. What we spend directly is digital RMB, just like cash

However, I would like to say that although the digital RMB itself is very safe and the central bank's digital currency should also carry out anti money laundering and anti terrorist financing, we should also prevent it from being used for online gambling and any cyber criminal activities

5. 24h volume refers to the trading volume of the currency within 24 hours. Generally speaking, the larger the trading volume, the more active the transaction, and the stronger the liquidity of the currency.
look at today's volume:

6. Yes, it must be maintained regularly, but so far, digital currency is illegal and not allowed.

7. Not yet. It's still convenient for investment and trading. For example, Tianyuan coin, which has a high degree of appeal on the Internet, is mainly used for investment. It can be invested in the 999 trading network. I've invested in it, and it's OK

8. It should not, because under special circumstances, cash is more reliable than digital currency. For example, there is no flow or mobile phone. Currency in circulation has a history of thousands of years in China, and it can not be replaced overnight

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