How to apply for new currency of digital currency
about digital currency, let's talk about it. If you think it's unreasonable, you'll laugh it off
money, as a measure of transaction value, does not necessarily have value in itself, it can only be used as an intermediate unit of measurement. It's just like China has only RMB as legal tender, that is to say, government guarantee has value. For example, in those war-torn areas, ten jin currency may not buy an egg, which is the reason
back to digital currency, digital currency, until now, no country has recognized it as the currency in circulation of its own country. It seems that last year or the year before last, our country also banned some. In this case, digital currency can only be sold at a price higher than your purchase price, so that you can make money. But digital currency itself does not have any value. Unlike stocks, it is your ownership of listed companies. So if you can't find someone to buy digital currency, it's worthless
the Ponzi scheme in history, the Dutch tulip, when it was the most expensive, a tulip was worth buying a house. When no one bought it, all the tulips rotted. In addition, they couldn't get a potato. Therefore, Buffett said that digital money is a bubble, which is a hoax.
in addition, there is a saying in the stock market that when all the ladies in the vegetable market begin to discuss the stock market, it is the time when the stock market reaches its peak. In my opinion, this also applies to digital currency. When many people are discussing how to make money and how to make a lot of money, the risk has accumulated to a great extent. Most of the time, when the stock begins to fall, many people are still in the previous inertial thinking, thinking that it will rebound soon, and then it will get lower and lower, and they are more reluctant to sell it. This is why many people hold a high position on it
I'm not sure if it's the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no value as currency circulation and can only be sold to others. I think it's a fraud.
As of 2019, the digital currency seminar of the people's Bank of China was held in Beijing to further clarify the strategic objectives of the central bank's issuance of digital currency, do a good job in tackling key technologies, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible. At present, it is under study, and many problems need to be improved slowly
digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability
If digital currency is accepted by the public, its use will increase greatly and replace legal currency to a certain extent, then negative events such as network attacks on user terminals related to digital currency will cause currency fluctuation, which will have an impact on financial order and real economyin addition, the virtual currency based on blockchain technology is usually held by a few people at the beginning. For example, the first purchase of bitcoin in May 2010 was $25 pizza purchased by 10000 BTC, and the price of each bitcoin rose to $1200 in more than three years by the end of 2013
ways to purchase digital currency:
at present, digital currency is more like an investment proct. Due to the lack of a strong guarantee institution to maintain its price stability, its role as a measure of value has not yet appeared, nor can it be used as a means of payment. As an investment proct, the development of digital currency is inseparable from trading platforms, operating companies and investors
trading platforms play the role of trading agents, while some play the role of market makers. The profits of these trading platforms come from the current expenses and premium income of investors trading or holding digital currency
1. Investors need to register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time
2. Users can use the money in their cash account to buy and sell digital currency, just like buying and selling stocks and futures
3. The trading platform will sort the buying and selling requests according to the rules and start matching. If the requirements are met, the transaction will be completed
4. Due to the difference between the trading volume submitted by users, the trading request can be partially executed
take RBM operated by professional operation company opencoin as an example: ripple protocol was originally designed based on payment method, and its design idea was based on acquaintance relationship network and trust chain. Using ripple network for remittance or loan, the premise is that the payee and the payer must be friends or have common friends. Otherwise, the trust chain between users and other users cannot be established, and the transmission cannot be carried out
extended information:
the characteristics of digital currency are as follows:
1, low transaction cost
compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to the third party, and its transaction cost is lower, especially compared with the cross-border payment of high handling charges to payment service providers
2, fast transaction speed
the blockchain technology used in digital currency has the characteristics of decentralization, and it does not need any centralized organization similar to the clearing center to process data, so the transaction processing speed is faster
3, high anonymity
in addition to the physical form of currency can achieve peer-to-peer transactions without intermediary participation, one of the advantages of digital currency compared with other electronic payment methods is that it supports remote peer-to-peer payment, and it does not need any trusted third party as intermediary
both sides of the transaction can complete the transaction in a completely strange situation without mutual trust, so they have higher anonymity and can protect the privacy of the traders, but at the same time, they also create convenience for cyber crime, which is easy to be used by money laundering and other criminal activities