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Monitoring of virtual currency in China

Publish: 2021-04-29 14:19:48
1.

in the era of material abundance, money can buy what you want and enrich your life. Therefore, people have a dream of realizing wealth freedom and entering a better life there are many such dreams, which are often used. With the development of the Internet, online transactions have become more convenient and fast, people's financial management ideas have improved, and they will take spare money to invest, but the bank interest is low, the fund will not choose, and the stock water is too deep. Generally speaking, the income can't tempt greedy people

1. It is illegal to have a financial trading platform that is not recognized by China Securities Regulatory Commission and China Banking and Insurance Regulatory Commission. With the concept of blockchain being put forward, virtual currency has become popular. In China, there are bitcoin, Leyte coin, Ruitai coin, etc. the income of these virtual currencies has been blown to be amazing. People who listen to these virtual currencies will be envious and have new illusions. They don't know that this is just a Ponzi scheme, and the virtual currency trading platform will trick investors into inviting them, After the investors' funds are cheated, there will be a series of figures. Some of them will fall sharply as soon as they buy, and smart people can stop losses. Some of them will go up sharply when they buy, and investors will continue to add chips, and finally they can't cash out

2. At present, the trading of virtual currencies such as bitcoin in China is closed and cannot be traded in exchanges
virtual currency lacks supervision and is too free; Therefore, China's current virtual currency is still in a serious regulatory scope; Of course, the research on virtual currency blockchain technology is worth trying.
3. We will continue to strengthen our efforts to crack down on money laundering of virtual currency. Because virtual currency is illegal in our country and not protected by law, it is necessary to crack down on it.
4. There's no fake defense
5. Have you made PI coins
6. There are still some impacts on land. Earthquakes will not cause land subsidence, but will cause groundwater pumping. Both of these will affect land, and floods have no direct impact
7. Need to build a mining machine, and then supporting the corresponding software
8. Virtual currency is just a consumer. It's impossible for people in some times. Then people in the 50s and 60s century will still use the virtual currency of the present network
but for people after the 70s century. There may be more and more
in the future, RMB may collude with virtual currency
even worse, RMB will be compared with virtual currency
also means lower value.
because of the spread of virtual currency and rising prices, the RMB has become even more worthless.
also makes the currency flow, preventing the currency from being fixed and circulating. Of course, the usage of money is always the largest.
the virtual currency exists only in the network, and the use of RMB in all aspects
like Alipay, even if the q-coin is the same as the offset volume. They are all given away in RMB or after shopping.
so RMB will still dominate the market.

this is my random explanation. The landlord's economics is good.
learn from you
9. Shanlin Finance said that the fundamental reason for the suspension is that the virtual token has threatened the currency sovereignty of RMB. RMB is not freely convertible under the capital account, that is to say, after the exchange of RMB, it cannot be used for foreign investment, let alone for overseas assets purchase
10. In terms of supervision, there is basically a blank. All countries are still in the exploratory stage. It is very difficult to supervise, and it is difficult to track the flow of virtual currency, which creates opportunities for some illegal instrial chains. In addition, there are too many ICO projects at home and abroad to cheat money. Ordinary investors who do not know how to cheat are still quite likely to be cheated. Fraud projects are basically profiteering and illegal fund-raising, It is easy to cause social instability. Personal opinion.
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