Advantages and disadvantages of digital currency and paper curre
1、 Different definitions:
1. Electronic currency:
refers to the currency paid by electronic means
2. digital currency:
is a virtual currency based on node network and digital encryption algorithm
Electronic currency: Based on computer technology, it can be widely used in the fields of proction, exchange, distribution and consumption. It has many functions such as financial savings, credit and non cash settlement2. Digital currency:
e to some open algorithms, digital currency has no issuers, so no one or institution can control its issuance; Because the number of algorithm solutions is fixed, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency; Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
Third, the same point:the circulation mode of e-money and digital money is two-way circulation
extended data
e-money is the virtualization of the value scale of real money and the function of payment means. It is a kind of money without monetary entity. Electronic currency is an invisible currency based on highly developed electronic technology
the value of e-money is transferred from the consumer to the seller through the sales terminal, and then the seller redeems the money. The e-money held by the merchant is sent to the e-money issuer to redeem the money, or to the bank. The bank debits the corresponding amount on its account, and then the bank settles with the issuer through the clearing institution
electronic money can transfer money value directly among the holders. It does not require the intervention of third parties, such as banks. This is also the essential difference between electronic money and traditional cash card and transfer card. p>
even if it's live broadcasting, it's no problem. Live broadcasting is mainly about processor and memory. You can satisfy it, but you need to ensure the network speed
it is suggested to pay more attention to the mainstream digital currencies such as bitcoin, Leyte coin and dogcoin, as well as the application-oriented digital currencies in China.
at present, virtual digital currency is still in the stage of transition, research and development, and testing, and has not been recognized by the whole world, although some countries have started the relevant research process, and even will issue their own digital currency but there is a premise of digital currency, which is decentralization. A decentralized digital currency without control means cultural differences to a country
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Second, the electronic currency will be more convenient for people's proction and life, which is determined by the convenience and liquidity of currency. The replacement of metal currency by paper currency greatly facilitates people's proction and life, and the replacement of paper currency by digital currency is also determined by its characteristics. Third, from the social and economic point of view, digital currency has security, rapid circulation and environmental protection, which is lacking in paper money. The use of digital currency can improve the economic efficiency of the whole society and make the economy more active
Mobile payment means that mobile clients use electronic procts such as mobile phones to make e-money payment. Mobile payment creates a new payment method and makes e-money popular. Because of the advantages of convenient and fast payment, eliminating counterfeit money, no change and so on, it is loved by many people< The Ministry of Commerce issued the "overall plan for the pilot project of deepening the innovation and development of service trade in China", and officially announced that the number of digital currency has expanded from the original 4 pilot cities to 28 , which means that digital currency is coming towards us. The same virtual currency and bitcoin, so these virtual currency can replace the status of paper money
Therefore, it is essentially no different from the paper currency RMB, and will not be wildly hyped like bitcoin. In a short period of time, virtual currency can not completely replace traditional currency. There are mainly two constraints: the first is the user's will, not everyone is used to this payment method; the second is the satisfaction of technical conditions, because the speed of transaction payment is mainly limited by the technical realization, and the goal of digital currency is only to replace part of the cash in circulation. So for a long time, it should be used in parallel with banknotesI believe we all know that "the central bank is promoting digital currency"? what is it? In fact, digital currency is an alternative currency in the form of electronic currency, which can be used as a real transaction of goods and services. For Chinese consumers, mobile payment has long been integrated into our daily life. Therefore, the introction of digital currency is more catering to the society. We don't have to worry about its impact on our daily life. In fact, the functions and properties of digital currency are exactly the same as paper money. This means that digital currency can replace cash, which is a kind of digital RMB cash
the introction of digital currency has many advantages. Moreover, with the progress and development of the times, Chinese people can quickly accept digital currency. For the elderly, the use of digital currency is much more convenient and easy to learn, because they can pay without network and signal
now some banks have quietly launched tests, which shows that the central bank attaches great importance to the comprehensive promotion of digital currency! But when the digital currency is online, the market of payment software such as Alipay and WeChat will be compressed. So, are you looking forward to this new way of payment< br />