Position: Home page » Currency » China's digital currency makes money

China's digital currency makes money

Publish: 2021-04-27 07:52:03
1.

First of all, we need to know what digital currency is. Digital currency is characterized by decentralized transaction currency. The most famous is bitcoin. However, digital currency has not been recognized by China in recent years. Recently, China plans to issue China's digital currency DCEP, or DC for short. Digital currency itself is currency. When you ask how to make money, you are actually asking, How does money make money? In fact, there are many channels. First, we will have funds in the later stage to conct private placement of digital currency. Second, how do we usually earn RMB? Now, when we promote the use of digital currency in China, we will use digital currency to earn money

  • as a digital currency, in fact, what China issues is similar to legal currency. The purpose of legal currency is to stabilize the RMB, which should float up and down 1:1 per second. According to different exchange rates, DCEP: usdt will float up and down 7:1. In the later stage, it may be 1:1 according to China's increasing competitiveness, which is also graally declining in recent years

  • as a digital currency, if you want to make money, there are many ways. Major exchanges can convert it into different digital currencies. Other digital currencies may not be as stable as usdt and DCEP, and the price will keep rising and falling according to the demand. At this time, we can buy and sell stocks in a similar way to earn the price difference, If you don't enjoy it, many digital currency exchanges provide contracts, which can buy and sell multiple times, or be bullish or bearish, or even hundreds of times at most. Many people get rich through this way, but there are also many people who lose their property. In addition, this kind of exchange will make your currency return to zero in a way, We should be wary of many such exchanges running away - refer to the second largest exchange checked OK exchange

  • in addition, as a national form of digital currency, there should be short positions. For example, China's state-owned enterprises carry out digital transformation to form community-based currency, which may be airdropped according to the DCEP they hold. This is my guess

  • in addition, defi's liquidity mining, commonly known as market making, is more popular now. In the later stage, it may replace the exchange. Everyone is an exchange and can charge a handling fee

  • 2. The people's Bank of China has designed a two-tier architecture for digital currency
    specifically, according to Yao Qian, director of China digital currency Research Institute, the design framework of central bank's digital currency is mainly convenient and efficient, safe and controllable, and popular development
    as for the two-tier framework, the two-tier framework is the central bank and the commercial bank, based on the account and wallet. This framework is to combine the original bank account system with the account system based on digital currency wallet
    in blockchain technology, digital currency is separated from legal currency system and bank account system. Otherwise, together, it will cause chaos. Considering this problem, Yao Qian introced digital currency wallet into the account system of commercial banks. In this way, an account can manage both electronic currency and digital currency. Of course, this kind of design has a great impact on the current banking system, but it is also a resource for commercial banks with mature system
    how does digital currency wallet work in commercial banks
    bank accounts and digital currency wallets of commercial banks have common management features. In this case, bank accounts and digital wallets have different positioning. According to the wallet standard designed by the central bank, a wallet is equal to a safe deposit box. According to the requirements of customers, the bank will manage the safe deposit box as all the properties of cryptocurrency. This framework adds a Digital Wallet ID field to the bank account. In this way, the wallet has the function of a safe deposit box and does not participate in the business, so as to avoid affecting the core business of the bank
    digital currency transfer can be directly transferred in the commercial banking system, or through the note issuing bank using the client-side digital wallet, direct point-to-point transactions, so that there is no need to rely on inter-bank payment between account banks< In a word, digital currency wallet is the personal wallet in the commercial banking system
    theoretically, the payment system deals with demand deposits, while digital currency is in the category of cash
    is the digital currency issued by the central bank decentralized
    Yao Qian said that the biggest issue facing the instry now is whether decentralized distributed ledger should be used at the top level
    Central Bank digital currency is more convenient and can develop into controllable anonymity through centralized issuance and account based weak association. However, in the digital world, we cannot confuse the economy and finance behind the numbers. Although they are all numbers, they represent different assets, so the central bank will keep them in mind when designing. We want to have a mature financial infrastructure for legal digital currency, but considering that the note issuing bank is only responsible for the digital currency itself, and the account bank is responsible for the actual management business, so as long as the specific application is implemented, the note issuing bank and the account bank will perform their ties and do their best
    then the characteristics of the central bank's digital currency are
    1. Digital currency, like RMB, has stable value
    2. The operation mode is the same as RMB, which is endorsed by the national credit and issued by the central bank, and all commercial banks exchange it into the market
    3. Digital currency issuance relies on big data, because it has the possibility of real-time collection of currency bookkeeping, flow, transaction, etc., which can provide help in anti money laundering
    4. After digital currency replaces paper currency, it will play a positive role in preventing counterfeit banknotes, changing change, and preventing damage and loss ring transaction storage
    5. It will rece the waste of resources. The proction and printing of paper money need cost, while the proction of digital currency depends on big data, so it will rece the waste of resources
    therefore, with the advent of the central bank's digital currency, personal participation will have less opportunities to make money
    I hope it can help you
    hope to adopt it
    3. Well, digital currency still needs to be cautious to go to some big platforms, and there are some guarantees. You can also choose to have the real economy, that is, digital currency can generate real value on this platform, which is also good, with more guarantees
    4. Emerging instries, looking for direction in the research, there is no benchmark. On the whole, outstanding currencies lead the trend. Potential currencies need to be panned for gold. It's best to panning for potential currencies. Come on, learn more!
    Hot content
    Inn digger Publish: 2021-05-29 20:04:36 Views: 341
    Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
    Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
    Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
    Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
    Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
    Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
    Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
    Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
    Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750