Credit card digital currency
the test only lasted for a few minutes, the public could not feel anything, and the test results were only known by the internal relevant personnel in fact, the concept of digital currency has been mentioned for several years. On August 29 this year, China Construction Bank added "digital currency" to its official app; Recharge digital wallet; And & lt; Digital currency & quot; Two submenus. This activity makes people excited. Is the digital currency really going to be issued? But just excited soon, I found that the two submenus were offline. In response, CCB said to the media: CCB has carried out relevant function test in the mobile banking system. At present, the test is over< at present, online information is the test content in the process of technology development, which does not mean that digital RMB is officially launched 
after being excited for so long, it turned out that it was just an oolong. However, some people said that this warm-up is likely that digital currency will be issued and used soon. What's the use of digital currency? Is it the same as WeChat Alipay? In this regard, Wang Jian, chief analyst of Guoxin Securities financial instry, believes that the number of Renminbi and banknotes and coins are RMB cash. Alipay, WeChat payment and so on are just a payment tool. Through these two channels, the balance of personal bank card is still used, or the credit card is being brushed, and the digital Renminbi payment is used. What we spend directly is digital RMB, just like cash
E-cash, like paper money, has no value in itself. It only depends on the credit of the issuer to reflect its value. It is a kind of digital information composed of 0 and 1 signed by the bank through electronic means, so it is also called digital currency. It is different from the credit card used now, because the credit card itself is not money, it is just a means of transfer, and e-cash itself is a kind of money, it can be directly used to buy goods. Although it is the same as gold coin and paper money, it does not need physical entity like them. Instead, it can make electronic payment only through data exchange to realize the function of cash. E-cash has the following characteristics:
one is the rapidity of mobile. It can send cash to distant places instantaneously through the network, so it has extremely fast mobility. Because it is a kind of digital information, like the usual data, it can be put in the computer and transmitted by the network. Moreover, it can be sent directly to the store terminal by the consumer terminal, so there is no need to pay the service charge to the intermediate settlement institution. However, because it can transfer large amounts of money to distant places instantaneously, it also increases the monitoring difficulty of financial management institutions, and also causes tax, legal, exchange rate instability and other problems
The other is the anonymity of payment (i.e. it is impossible to know who originally owned the money). Using cash can also achieve anonymity, but it is difficult to achieve it when using electronic settlement services (such as credit card). With the electronization of various social systems, there is a tendency to automatically collect personal secret information. Payment behavior is often the source of all kinds of personal secret information. Therefore, the use of e-cash will be an effective means of self-defense in the future computer society. However, the anonymity of e-cash will also provide the convenience of money laundering for money of unknown origin, so we should try to prevent it The third is to improve the safety. Because the security measures it adopts are far more perfect than the current credit card, much safer than checking accounts and savings accounts, and will not be stolen or robbed like banknotes and coins Fourthly, it can save cost. Banknotes need to be printed, transported, preserved, counted, anti-counterfeited and secured, which requires a lot of expenses. It is reported that the annual cost of transporting tangible currency in the United States is as high as US $6 billion, and that in the United Kingdom is as high as 200 million pounds. The cost of money settlement and transportation between the world bank system accounts for 5% of its total management fee. All these expenses can be saved when using e-cashcredit cards have advantages and disadvantages. We need to see which cards can be purchased and which can't be purchased. If we make mistakes in purchasing, we need to know how to take responsibility. Let me introce to you what credit cards are and how to use them. I hope credit cards will have a good development
1. What are the risks of buying bitcoin with a credit or debit card? First of all, you have to make sure that the company or exchange where you buy bitcoin is well-known and trustworthy. Because some illegal exchanges may steal or users' credit / debit card information to realize illegal transactions
2. What are the advantages and disadvantages of using a credit or debit card to buy bitcoin? Advantages: convenient and fast. In view of the popularity of online shopping with credit or debit cards, it is very good for some customers who are not very proficient in technology to buy bitcoin with credit or debit cards. Disadvantages: high handling charges and limited purchase quantity
3. Can I buy bitcoin with my stolen credit card? Absolutely not. Because the exchange needs you to complete the information authentication, you can't pass the authentication by using the stolen card. At the same time, it's illegal. Please don't do it
4. Can I buy bitcoin with prepaid card? Most exchanges don't allow users to use prepaid debit cards to buy bitcoin
5. If the purchase quantity is limited, can I buy more bitcoin from multiple exchanges? Of course
6. Why was it so difficult to buy bitcoin with credit card before? Because the use of credit card payment can also be revoked
in fact, many businesses can't receive the account immediately. It usually takes 60 days. But bitcoin transaction is irreversible, so it is very risky for businesses to sell bitcoin to users who pay by credit card. But now the exchange has found a new way to prevent such fraud, so it is now possible to buy bitcoin with a credit card. Do you know how to make a credit card purchase
learn about the news and knowledge of digital currency, blockchain, exchange, etc. welcome to pay attention to Xiaoyuan and join the digital currency learning group.
cash withdrawal by credit card involves cash withdrawal service charge, which is usually 1% - 3% of the cash withdrawal amount. Moreover, cash withdrawal by credit card does not enjoy interest free period. Interest will be charged from the day of cash withdrawal or the next day, and the interest is 0.05% of the daily interest. Generally speaking, the cost of cash withdrawal by credit card is very high. There are two problems in using high-cost funds to invest in Monetary Fund. One is that the income of monetary fund can not offset the cost of capital. The other is that once the monetary fund can not be redeemed on time, the credit card can not be repaid on time. As a result, the credit card is overe. Therefore, it is not recommended to invest in monetary fund through cash withdrawal by credit card
supplement:
credit card, also known as credit card. It is a kind of non cash transaction payment method, which is a simple credit service
generally, credit cards are 85.60mm long, 53.98mm wide and 1mm thick special plastic cards with consumer credit. It is issued by banks to indivials and units, by which they can purchase, consume and deposit cash from banks. It is in the form of a card with the name of card issuing bank, period of validity, number, cardholder's name on the front, and magnetic strip and signature strip on the back
the credit card is issued to the cardholder by the bank or credit card company according to the credit degree and financial resources of the user. The cardholder does not need to pay cash when consuming with the credit card, and the payment will be made on the billing date
credit card is divided into credit card and quasi credit card. Credit card is a kind of credit card issued by a bank and given a certain amount of credit to the cardholder, and the cardholder can consume first and then repay within the amount of credit; Quasi credit card is a kind of quasi credit card issued by the bank, in which the cardholder deposits a certain amount of reserve fund as required. When the balance of the reserve fund account is insufficient to pay, the card can be overdrawn within the specified credit line. Credit card refers to credit card
monetary fund is an open-end fund that gathers idle funds, operates by fund managers and keeps funds by fund trustees. It is specialized in investing in money market tools with low risk. It is different from other types of open-end funds, with high security, high liquidity, stable returns and the characteristics of "quasi savings"
e to the emergence of digital currency, a new type of Monetary Fund, virtual monetary fund, has emerged in the field of Monetary Fund. It is also called digital money fund. For example: BlackRock digital money fund.