Digital currency circulation and currency price

1. The issue of digital currency has many benefits and is imperative. According to the central bank, digital money and paper money will coexist for a long time to come. When people go to the bank to withdraw money, they can not only withdraw cash directly, but also exchange it into digital currency. In Xiaobian's opinion, the establishment and issuance of digital currency system can not only make people's transactions more convenient and safe, but also graally weaken the proportion of paper money in the real circulation, which will also have a positive impact on the electronic disk of postal money card.

2.

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

3. It shows that the total amount of this kind of digital currency is relatively large, and the total amount of many digital currencies is as high as 10 billion. The circulation of some MLM coins is not constant and can be increased or split at will. Moreover, there are many different digital currencies in the world, and the number of each digital currency is very considerable
the well-known digital currencies in the currency circle include bitcoin, Ruitai coin, Laite coin, doggy coin, etc.

4. The market value of digital currency is equivalent to the market value of stocks in circulation, which is calculated by multiplying the market price of digital currency by the quantity in circulation. The formula is: market value = current price of digital currency * quantity in circulation
generally speaking, the market value is determined by the quantity in circulation rather than the total circulation. Because circulation quantity can better measure market value. The locked and predetermined ones can not be sold on the open market, which will not affect the currency price, so it will not affect the market value. The method of using circulating quantity is similar to using circulating shares to determine the market value of traditional investment
at present, the market value of bitcoin has reached more than 70%, occupying an absolute dominant position, while the market value of other currencies is declining. In the long run, the market value of the whole digital currency is growing. If we can seize the opportunity, we will get rich returns.

5. Chinese digital currency should refer to Chinese currency, the specific amount of this currency is not clear. However, many things of this kind of coin are fabricated, not real. And its related companies are mostly forged. Now the Chinese currency has basically disappeared, it is estimated that it should be dead

is it a reliable currency? Just compare it with the mainstream currencies such as bitcoin, Leyte, decent and ether.

6. At present, these currencies are all classified as MLM currencies in China, so it is not recommended to participate in them.

7. Use Chinese, leave your email, send you some good Chinese trading website, remember to adopt

8. On January 3, 2009, bitcoin came into being. At the earliest time, many people didn't look at bitcoin. At that time, it was about 0.3 cents. The issue price of a currency was about 20 cents in RMB.

9. That is to say, the total number of digital currencies issued is 10 billion, but only 250 million have been released for circulation in the market at present.