What drives the growth of virtual currency

1.

virtual currency is the currency used for electronic circulation. Now the scope of virtual currency is very large, including q-coin, bitcoin and so on. With the development of digital currency, virtual currency is becoming more and more abundant, which may become the mainstream in the future. For example, BTC, EOS, bcbot and so on are not only virtual currencies, but also algorithms, landing projects and technologies

virtual currency is mainly issued by online game service providers to purchase game props, such as equipment, clothing, etc. But at present, the use of virtual currency has gone far beyond this category. Virtual currency can be used to buy game cards, physical objects and download services of some movies and software

extended data:

real risk

as the proct of e-commerce, virtual currency has begun to play an increasingly important role, and it is more and more connected with the real world. However, with the growth of virtual currency, the relevant laws and regulations are lagging behind, which has laid many hidden dangers

fraud

the private transaction of online virtual currency has realized the two-way circulation between virtual currency and RMB to a certain extent. The activity of these traders is to buy all kinds of virtual currencies and procts at a low price, and then sell them at a high price to earn profits. With the increase of such transactions, there are even virtual mints. In addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coin making" to obtain virtual currency by playing games and then resell it to other players

Taking Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred practitioners. This not only creates a bubble for the price of the virtual currency itself, but also causes trouble for the normal sale of the issuing company. It also provides a platform for selling and collecting money and money laundering for various cyber crimes. p>

impact system

in modern financial system, the issuers of money are generally central banks, which are responsible for the management and supervision of money operation. As the equivalent exchange goods used to replace the real currency circulation on the Internet, the virtual currency on the Internet is essentially the same as the real currency. The difference is that the issuers are no longer central banks, but Internet companies

if the development of virtual currency makes it form a unified market, each company can exchange with each other, or virtual currency is integrated and unified, and all of them are based on the same standard and price, then in a sense, virtual currency is currency, which is likely to form a threat impact on the traditional financial system or economic operation

reference: network virtual currency

2. Virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver grain (used for bixue Qingtian game), and popular digital currencies in 2013 include bitcoin, Laite coin, infinite coin, quark coin, zeta coin, etc Barbecue coins, pennies (Internet), invisible gold bars, red coins, prime coins. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum". According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market circulation, citizens' investment and transaction of virtual currency is not protected by law

warm tips:
1. The above information is for reference only, without any suggestions
2. It is risky to enter the market and investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: January 4, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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3. I don't know if you are talking about bitcoin. No matter what kind of transaction, the market price is generally calculated according to the price of the assets. For example, in the case of bitcoin, each bitcoin exchange will publish the bitcoin price of its own exchange according to the transaction situation of its own exchange. And the market price, which is processed by the price announced by each exchange, is calculated based on the price announced by each exchange. Therefore, the market's comprehensive trading situation determines the trend of the market, that is, if the buyer is stronger than the seller in a fixed period of time, the situation of pulling the market will appear.

4.

Many people must have seen the news of bitcoin soaring through various channels, so why can bitcoin have risen to the price of US $28000 in a short time? Many netizens also talked about this. After all, as an investment channel without any credit endorsement, The price of bitcoin deviates completely from the current investment method. I've read some reports about this, and I'd like to share with you some of my thoughts behind the sharp rise of the bitcoin{ RRR}

is bitcoin worth investing

in fact, I have given other answers to this question. You can have a look. I do not recommend you to complain about any bitcoin answer, because bitcoin has collapsed. At that time, bitcoin was worthless. Everyone wanted to sell their bitcoin, but in the end, its price picked up again. In this case, who was the last winner? I hope you can consider it clearly

5. Of course, the central bank will also issue virtual currency. At present, it is suggested to do international work. For example: DGC.. Differentiable

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7. Virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, QQ currency of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), grain silver (used for bixue Qingtian game), and popular digital currencies in 2013, such as bitcoin, Laite currency, Fuyuan currency, etc
network virtual currency can be roughly divided into
the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Fuyuan coin (FTC) and Wright currency (LTC). Bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.

8. What is bitcoin< p> bitcoin is a digital currency with a total amount of 21 million , which has the characteristics of decentralization, globalization and anonymity, just like the Internet

transferring bitcoin to the other end of the earth is as simple, low-cost and unlimited as sending e-mail

As a result, bitcoin is used in cross-border trade, payment, remittance and other fields

first: benefiting from the loose monetary policy of the Federal Reserve,

suffered from the COVID-19 pandemic this year. In order to solve the liquidity crisis and stimulate the economy, the Fed injected a large amount of liquidity into the US dollar, causing huge fluctuations in the global financial market, including the digital money market. P>

second: the occurrence of COVID-19, the hedging attribute of bitcoin

COVID-19 epidemic has swept across many countries in the world, and has also had a great impact on enterprises and investment circles. p>

in the Research Report of grayscale investment, it is mentioned that two thirds of the respondents who have invested in bitcoin in the past four months said that the new coronavirus epidemic affected their decision to invest in bitcoin