Myth of digital currency

1.

digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency

Compared with paper money, digital money has obvious advantages, which can not only save the cost of issuance and circulation, but also improve the efficiency of transaction or investment, and enhance the convenience and transparency of economic transaction activities. The issue of digital currency by the central bank also ensures the continuity of financial policy and the integrity of monetary policy, and also ensures the security of monetary transactions

although the issuing method of digital currency is still under study, paper currency has been regarded as "the currency of the previous generation" by some professionals, and it is the general trend to be replaced by new technology and new procts. Due to China's large population and volume, the timetable for issuing digital currency is still uncertain. It is predicted that digital currency and cash will be in parallel and graally replaced for quite a long time. When the era of digital currency really comes, people will carry less and less cash, travel more and more safe, poverty alleviation more and more accurate, corruption more and more difficult to escape, and thieves more and more difficult

extended information:

in November 2016, the central bank prepared digital currency, and the cash is likely not to exist in ten years

in November 2016, China digital currency Research Institute was established to cultivate high-level talents of digital currency, carry out digital currency research, consultation, development planning and related activities. It is a non-profit unit with legal license approved by relevant ministries and commissions, and is committed to promoting the integrated development of scientific research and Practice of digital currency instry

so far, Hangzhou, Shenzhen and Guizhou have become the three hot areas for the central bank's digital currency pilot. It is reported that Hangzhou is actively promoting the planning and construction of Qiantang River financial harbor, including the blockchain instry. Hangzhou will build the first blockchain Instrial Park in China, which is located in the Internet Finance town of Xihu District, surrounded by ant financial services, e-commerce bank, Zhejiang University and its science and Technology Park and other well-known enterprises and parks

2. Before Wen Yuan, the character was Han Ze, all pseudonyms! Before they cheated us to buy mythical currency, now the dog cheated us to buy bitcoin on their own fake platform. The data on the platform will be delayed compared with the external disk. In this way, they can control long or short. If they ask you to reverse it, you will be closed, and you will not know how to die! These are all pig plates (three months of harvesting victims, the first month has given lectures for Mingbo's favor, the second month deliberately said that stocks are not easy to do, how good digital currency bitcoin is, and then told you that their own fake digital currency has prospects, deliberately took out their own fake account to cheat people in, the third month after harvesting, the swindler lost contact, and the swindler retreated completely), We have been cheated in the case of 10 people arrested, but this fake article is far from continuing to be a shooter, cheating! Now, there is a group called "competing for the best" and an organization called "JingWuMen". They have a clear division of labor among cheaters (lecturing, entrusting, collecting money, opening an account, assistant, etc.) and really ignore the national law! Now Wenyuan has an account holder named Liu Qian, Zhang Jia (pseudonym) and others. I suggest you buy ukgr digital currency! Lower case (ukgr) don't buy it. The platforms are all made by themselves. You can control the rise and fall at any time. If it's not a real platform, you can close the platform at any time! It's the same as the myth coin recommended by Han Ze (the same person in Wenyuan) before. It's all fake! At present, we have lost hundreds of millions! The whole country has also set up an ad hoc group to solve this case. I hope that more people who have been cheated can read this article, so that this group of swindlers can be less successful! Finally! The most important word! Ask the local police before investing, because they will explain to you that this is a fraud! It's a fraud!

3. Behind the myth of ICO's sudden wealth: Financing Game of licking blood with knife edge. Unless the Internet is cut off, the booming ICO cannot be isolated. The first batch of "water testers" have already made a lot of money, while the successors are just like passing the river“ A young man selling mobile phones in Shanghai invested 200000 yuan from his parents in a blockchain ICO project two years ago. In the first half of this year, he found that the account assets had soared to 6 million yuan; There is also a small private equity partner who has invested 30 million or 40 million yuan in several ICO projects in the past two years, and now the assets have reached 3 billion yuan. " On August 29, Sun Jie, a senior ICO player in Shanghai, revealed that a similar legend of sudden wealth is on the market every day. The reporter learned that when the hot degree of ICO has far exceeded the market imagination and caused the close attention of the regulatory authorities, the debate on the crime and punishment of ICO is also rampant. However, investors in the market turn a deaf ear to these voices, because in their view, if they don't really participate, they can't realize the stimulation and risk of ICO. How does ICO play“ Different from the fraud in which virtual tokens are issued indiscriminately and suspected of illegally absorbing public deposits in the market, ICO is the abbreviation of the first public offering of digital tokens. At present, the domestic projects that have completed financing and are about to ICO are basically related to the blockchain technology. These project issuing teams complete the first round of financing by issuing their own designed digital tokens. However, these digital tokens are not subscribed by investors in cash. Instead, they need to subscribe for general digital currencies such as bitcoin or ethereal currency, and then use the digital currency they hold to subscribe for ICO project tokens. This makes the ICO project avoid the suspicion of illegal absorption of public deposits. Many outsiders think that investors directly use cash to subscribe, but it is not. " On August 30, Liang Ming (pseudonym), founder of a blockchain technology company in Shanghai, told this reporter. According to Liang Ming's statement, reporters also tried to register an ID number on a domestic digital currency trading platform, and found that ring the verification of identity, they must also input the ID card number by real name system, upload the positive and negative photos of identity cards, and upload photos of personal handheld identity cards. After such steps, you can become a digital token investor to participate in ICO“ Every investor must have a real name system. If he doesn't subscribe for bitcoin or ether coin, he can't trade. This also explains why since this year, despite the repeated rectification orders issued by the regulatory authorities, the rise of bitcoin and other prices can't be stopped at all, because the trading medium of ICO is general token. " Liang Ming said. What is the probability of ICO's sudden wealth? Take a look at the small ant coin ICO completed by Shanghai small ant technology. According to the search, as of August 25, Neo (prototermite stock) has increased as much as 282 times since it completed the ICO and went online in September last year, and this rate of return far lags behind the success rate of IPO; The second ranked Shanghai quantum chain (qtum) launched its ICO on cloud coin in March this year. The issue price was 2 yuan. On the day of issue, the opening price was 66.66 yuan, up 33 times a day. After that, the price dropped all the way to more than 20 yuan, and then soared to about 57 yuan. Such a sharp rise and fall of ICO makes countless investors become excited, desperate to rush in. According to the report on the development of domestic ICO in the first half of 2017 recently released by the national Internet financial risk analysis technology platform, in the first half of this year, 65 domestic ICO projects have been completed, with a total financing scale of 2.616 billion yuan and 105000 participants. According to the analysis of instry insiders, the number of people participating in ICO is definitely more than 105000, conservatively estimated to be more than one million.

4. Vicat is also a kind of digital currency, but it's just a kind of Ponzi scheme. In fact, Vicat gives money to the people in front. In fact, a lot of virtual currencies are like this now, but Vicat is doing a lot of things

5. It is widely believed that the Internet will subvert finance, just as it subverts news, music and retail. But from the current point of view, Internet technology itself will only make the transaction process efficient and convenient, such as financial vertical search, mobile payment, P2P lending and so on, which has not really changed the life of finance
however, as the core of financial power structure, will currency issuance be shaken by internet currency? In today's "surging attack" of internet currency, who will take the lead? With the tightening of Internet financial supervision, what will be the fate of internet currency
maybe we don't have a clear answer at present, but it can be predicted that with the strong support of Internet technology and ideas, the endless internet currency forms have affected people's life, communication and payment methods Phoenix)
Puyin group launched the tea based digital currency Puyin. Puyin corresponds to the physical assets of Tibetan tea. Fenghui international, the parent company of Puyin group, has started to go public. In the future, the above listed companies will provide credit endorsement for Puyin operation.