Virtual currency is compulsory

There are mainly the following ways to make money with virtual currency:

1. join the army of mining to mine; Carry out the spot and futures trading of virtual currency on the trading platform to earn the price difference; Use your own goods or services in exchange for virtual currency

2. virtual currency is legal in China. At the end of 2013, the central bank defined bitcoin and other virtual currencies as a kind of special Internet goods. People can buy and sell freely at their own risk, denying its monetary attribute

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

1、 The main meanings of money are as follows:

1

2. Goods that act as the medium of exchange, value, storage, price standard and deferred payment standard

4

5. No interest is needed to be paid as the current assets of the public's net wealth

6. The most liquid assets related to national income

money, in essence, is a contract between owners about the right of exchange, and different forms of money are unified in essence. In the past, e to people's unclear understanding of the nature of money, people mistakenly divided money into different categories from different angles, such as debt currency and non debt currency according to the commodity value of money, convertible currency and non convertible currency according to whether the exchange ratio of precious metals is agreed, etc

extended information:

currency issuance

generally, each country uses only one currency and is issued and controlled by the central bank. However, there are also exceptions, that is, multiple countries can use the same currency, such as the euro commonly used in EU countries, the franc in the West African Economic Community, and the Latin American Monetary Union in the 19th century, which are equivalent currencies with different names but can circulate freely within the union

a country can choose the currency of other countries as its legal currency, for example, Panama chooses the US dollar as its legal currency. The currencies of different countries may also use the same name. For example, before France and Belgium used the euro, their currencies and Swiss currencies were called francs

in some countries, there is no secondary currency, or although there is a secondary currency, it is only a theoretical conversion unit because the currency value is too small, and there is no actual currency issued, such as yen and won