Can Christians make digital money

1.

It's illegal

First, digital currency ICO is illegal in China.

in September 2017, the people's Bank of China issued an announcement on preventing the financing risk of token issuance, which formally determined that ICO is illegal financing without approval, and no organization or indivial is allowed to participate

later, it was announced on April 23, 2018 that the left and right digital currency ICO platforms had all withdrawn from the Chinese market, so the current ICO is illegal in China

Second, digital currency exchange is prohibited in China.

after announcing that ICO is an illegal financing activity, the central bank also listed services such as trading, exchange, pricing and information intermediary for virtual currency as prohibited items, which means that digital currency exchange is illegal in China

all trading platforms, including bitcoin China, okcion and fire coin, announced in 2018 that they would stop the RMB recharge business and graally shut down their trading platforms. As of April 2018, all digital currency exchanges had completely withdrawn from the Chinese market

< H2 > extended information

digital currency generally has a special digital currency exchange. We can buy the digital currency we need in our digital currency exchange

we can buy from our friends in addition to the exchange. If a friend has something, you can discuss and ask if he can sell it to you

we can buy our digital currency from traders nearby if we need more

we accept payment by digital currency payment service. If we open a physical store, we can support payment by digital currency, so we can also get our digital currency

finally, we can get digital currency by mining, and we can get digital currency by equipping mining machine to work mining, such as investing more hardware

digital currency trading: it can be traded only after RMB or digital currency is recharged in a third-party digital currency exchange

purchase of digital currency: no matter how many coins you buy, there is no limit. For example, if bitcoin is 100000 yuan, you can buy 0.0001, and there is no limit on how many coins you can buy or sell

digital currency trading time: 365 days a year, 24 hours a day, can be traded

2. This is an investment,
before the digital currency has no circulation,
it is worthless,
it has no value,
only when it is recognized by everyone,
it can circulate,
it can show its value,
just like bitcoin,
not all digital currencies can be recognized as bitcoin,
it can be recognized by everyone,
there are certain risks.
it is possible to appreciate,
but it is also possible to depreciate,
it is possible even to be worthless
hope to adopt,
thank you!

3.

Virtual digital currency countries are allowed

according to Sohu Finance and Economics Report: the central bank recently said that the research on digital currency has achieved phased results, striving for the early issuance of digital currency

at present, major banks in many European and American countries and regions have publicly expressed their positive attitude towards the development of digital currency. If the digital currency is successfully issued, in addition to the convenience of people's living and payment, it will also bring many benefits to the country, such as improving the transparency of economic transaction activities, and the significance of cross-border e-commerce trade can not be underestimated

It is obvious that digital currency is highly expected based on its "excellent gene". Instry insiders said that once digital currency comes out, it will be applied to many fields. Although there must be an adaptation process from paper money to digital currency and the road of its reform will be very long, it can be seen that digital currency will inevitably form a development trend. Technological innovation will overcome the problems in reality. For example, if you go to a bank to do business now, if it doesn't involve cash, the lobby manager will recommend customers to ATM and other self-service equipment. This is a good proof that technological innovation has replaced labor in the past. Now mobile applications are also very simple. It can be predicted that the technology will continue to update in the future. The use of electronic channels, digital currency and other procts in the new era will become a trend, a trend that can not be reversed at present

4. If you don't have strong risk tolerance and strong professional knowledge, you'd better not touch digital currency. The risk of this kind of thing can't be predicted and borne by ordinary people.

5. If the risk tolerance is not high, it is recommended not to do so. The risk of digital currency is relatively high.

6. Of course, you can control the virtual currency, you can also mine.

7. Yes.....

8. The factors related to the degree of non-governmental recognition and international recognition can't just be controlled. It's the same in foreign countries, just depending on its status

9.

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

extended data

to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />