International digital currency Association

2. There's nothing illegal! Some foreign countries are reasonable and legal existence, and domestic countries only give a certain digital currency legal existence, that is, the central bank digital currency!

3. In the future, digital currency will be unified, and there will be a situation of one super and many strong
the Central Bank of China held a seminar on digital currency at the beginning of this year, and the issue of digital currency by the central bank has been put on the agenda. Some international banking giants and technology companies are also developing digital currency, and the Bank of England also plans to issue digital currency. All this means that digital currency is getting closer to our real life. However, the digital currency issued by the government may be in circulation in the future, but bitcoin, Ruitai currency and vitality currency can only exist as an asset class.

4. Network about digital currency trading platform, a lot of yo! Please accept

5.

China does not recognize digital currency, and all transactions related to digital currency are not legal. But it does not mean that investment is illegal. The concept of "not legal" here means that your transaction is not protected by law. Once the platform roll money away, then the loss is not protected by law

if digital currency is widely accepted and can play the role of currency, it will weaken the effectiveness of monetary policy and bring difficulties to policy-making. Because digital currency issuers are usually unregulated third parties, money is created outside the banking system, and the amount of circulation depends entirely on the wishes of the issuers

as a result, the money supply is unstable, and the authorities are unable to monitor the issuance and circulation of digital currency, resulting in the inability to accurately judge the economic operation, which will bring trouble to policy-making, and weaken the effectiveness of policy transmission and implementation

extended materials:

features:

low transaction cost: compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to third parties, and its transaction cost is lower, especially compared with cross-border payment which provides high handling charges to payment service providers

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

6. It doesn't belong to
the objects of special ecation include blind children's ecation, deaf children's ecation, mentally retarded children's ecation, gifted children's ecation, speech disorder children's ecation, emotional and behavioral disorder children's ecation, multiple disabled children's ecation, etc., excluding attention deficit children.

7. At present, major cities in Guangdong have already built
blockchain
instrial parks, such as Guangzhou's Yimi blockchain
maker space
. Foshan's
Guangdong financial high tech Zone
"blockchain +" financial technology instry incubation center
Foshan, as one of the core cities of
Guangdong, Hong Kong and Macao Bay District, is also making efforts. It is also the first professional incubator in Guangdong Province to locate in "blockchain +" financial technology

8. It's a fraud platform. I've reported it on the official website of the Ministry of public security! Everyone who has been cheated should report to the police!

9. At present, the RMB has basically been peripheral. In Southeast Asia, RMB has become another "hard currency" next only to us dollar, euro and Japanese yen. In southwest border areas, RMB is known as "small US dollar" and used as a hard currency; In Northwest China, RMB mainly circulates in five Central Asian countries, Russia and Pakistan; In Northeast China, RMB mainly flows to Russia, North Korea and Mongolia; Hong Kong has the largest cross-border circulation of RMB, which can be freely convertible through various channels. In addition, RMB is also widely used in Macao

as for the regionalization and internationalization of RMB, we can graally seek monetary cooperation within the framework of ASEAN 10 + 1 pseudo economic cooperation. We can fix their respective exchange rates and float jointly with foreign countries. When the time is ripe, we can use strong RMB to replace other currencies or take RMB as the dominant currency to create a single currency and realize monetary unification. Secondly, it can expand to ASEAN 10 + 3 on the basis of ASEAN 10 + 1 and unite with Japan and South Korea. At that time, RMB will really grow into an international currency with far-reaching influence, just like the euro to Europe and the US dollar to America

secondly, in terms of monetary function, we should promote the internationalization of RMB in three steps, that is, adhere to the three-step strategy of RMB settlement currency, RMB investment currency and RMB reserve currency. In this process, we should steadily promote the process of RMB capital account convertibility, actively and steadily carry out offshore financial business, and graally implement the target area management of exchange rate

historically, which country's currency becomes a valuation currency in international trade and capital flow will take the initiative in international economic transactions. Take capital export as an example. Among the three capital flow centers in the world, when Britain and the United States were capital exporting countries, they all used their local currency as the valuation currency, while after the 1970s, when Japan was the capital export center, they used US dollar as the valuation currency. result; Japanese enterprises and financial institutions are very passive in dealing with the exchange rate risk in the foreign exchange market. When the yen rose sharply, these enterprises and financial institutions suffered huge losses. This is considered by many people as one of the important reasons for Japan's economic recession for more than a decade

for a large economic country, if the local currency can not comply with the trend of domestic trade growth and become the pricing currency of the open international financial market and trade, then the national currency will not become one of the major international reserve currencies. This means that the domestic currency has not obtained the international currency status which is relative to the total economic volume and the total trade volume. In order to deal with the macro financial risk of exchange rate fluctuations, the government must hold a large number of foreign exchange reserves. In today's international monetary system, US dollar and euro are the main pricing currencies in the international financial market, so US dollar and euro have become the main reserve currencies in the world. Correspondingly, the foreign exchange reserves of the United States and the European Union are very small. By the end of June 2007, the value of foreign exchange reserves of the United States was only US $41.5 billion, and that of the European Central Bank was only 41.4 billion euros. In contrast, in Asia, although Japan and China are among the top countries in the world in terms of economic aggregate, neither the Japanese yen nor the RMB has gained the status of an important pricing currency in the international financial market. As a result, China and Japan have the largest foreign exchange reserves in the world

with the development of China's economy, it should be our long-term goal to take corresponding strategies to graally integrate RMB into the international reserve currency system, break the current reserve currency pattern of the western world dominated by US dollar and euro, and promote the construction of multipolar reserve currency system. In this process, China should adopt a consistent graal strategy to promote the internationalization of RMB through the regionalization of RMB. At the same time, we should develop an open international asset market valued in RMB and provide more choices of RMB financial assets for foreign investors. Only after such a stage can RMB really gain the status of reserve currency, and we can get rid of the trouble of worrying about the amount of foreign exchange reserves.

10. This kind of digital currency is far away. This kind of digital currency is not legal in China, and it often spreads some false information. Bitcoin home has exposed a number of similar pyramid schemes. For example, Vicat currency fraud, Baichuan currency fraud and so on
bitcoin, Ruitai and Laite are the real digital currencies.