Virtual currency issuing process

1. You need to download an Ethereum wallet

2. Recharge I teach you~~

3. Now this kind of virtual currency is very profitable. Several of my customers make millions a year. I am a professional developer of this app

4. That is not MLM are entrusted to it, each account to answer a question
when the state announced the development of blockchain, it had already guessed that pyramid schemes based on mining would spring up in all parts of the country, and the middle-aged and elderly people would be the first victims. If they don't understand blockchain technology, swindlers will lie that investors don't need computers and don't need to know too much about it. They just need to invest in the so-called company's main server or cloud miner to carry out "generation mining". The money g out can be transferred to investors, and investors can sell it for money. They can also develop the so-called team to mine together. Isn't this the so-called MLM mode that you don't need to understand anything, can use mobile phones, can pay money, and can develop offline so that you can make money
sometimes people can only see what they are willing to believe, which is the deep-rooted reason of MLM. When you see the people around you really make money with this CGA cloud protection coin (probably the rate is the hook scattered upstream, don't you see that the lottery prize is really won, playing a role of fishing for a long time), even if everyone is pulling you behind, you will jump into the pit desperately. When you are possessed, pull your relatives and friends to jump together.

5. At present, many virtual currency trading platforms in the market have multi terminal trading system operation. In addition to the computer terminal, the domain Kingdom also has the mobile terminal and wechat terminal. The transaction process between them has not changed, but the trading place has become more convenient. Of course, it's not difficult to download mobile app. Generally, you can download the corresponding installation package according to your mobile version.

6. As the central bank, the people's Bank of China controls the right to issue its own currency, also known as "issuing bank" The specific issuance of RMB shall be handled by the issuance fund depository (hereinafter referred to as the issuance Treasury) set up by the people's Bank of China. The issuance process of RMB can be divided into four steps:
(1) put forward the issuance plan of RMB and determine the annual money supply. Every year, the head office of the people's Bank of China puts forward a plan for currency issuance and withdrawal in accordance with the state's economic and social development plan, which shall be submitted to the State Council for approval before implementation. Including the design, printing and reserve of tickets and coins< (2) the State Council approves the money supply plan submitted by the people's Bank of China
(3) allocate the issuance funds. The issuing fund is the currency to be issued kept by the central bank for the state. It is a reserve fund for currency issuance. It does not have the nature of currency. It is kept by the people's banks at all levels that set up the issuance Treasury. The head office is in charge of it. The right to use the issuance fund belongs to the general Treasury. 4) Daily cash collection and payment of general banking business library. The currency issue of RMB is mainly realized through the cash collection and payment business activities of commercial banks. After the commercial banks transfer the issuance funds of the people's Bank of China's issuance Treasury into the business Treasury, they pay the units and indivials from the business treasury through the cash cashier, and the RMB banknotes enter the market. This is called "cash injection.". At the same time, every commercial bank has to recover a certain amount of cash from the market every day. When the inventory currency of the business bank exceeds the specified limit, the excess part should be sent to the issuing bank for safekeeping. This is called "cash return". The process of currency from issue library to business library is called "issue", that is, currency issue; The process of money returning from the business library to the issuing library is called "warehousing", that is, money withdrawal
to put it simply, = quantity of goods to be sold * unit price / circulation speed
can be understood as GDP / circulation speed

but there are many forms of sales such as credit sale in society, so the formula has changed
= total price of goods to be sold - total price of goods to be sold on credit + total payment e - total payment to offset each other) / circulation speed of the same unit currency (Times)

circulation speed refers to the average turnover times of unit currency in a certain period. For example, one yuan currency performs the function of means of circulation or means of payment four times in a month, which plays the role of four yuan currency. The faster money flows. The less money is needed in circulation, and vice versa.

7.

Take RMB as an example

(1) put forward the issuance plan of RMB and determine the annual money supply. Every year, the head office of the people's Bank of China puts forward a plan for currency issuance and withdrawal in accordance with the state's economic and social development plan, which shall be submitted to the State Council for approval before implementation. Including the design, printing and reserve of tickets and coins

(2) the money supply plan approved by the State Council and approved by the people's Bank of China

(3) allocate the issuing funds. The issuing fund is the currency to be issued kept by the central bank for the state. It is a reserve fund for currency issuance, which does not have the nature of currency. It is kept by the people's banks at all levels that set up the issuance Treasury, and is under the unified control of the head office. The right to use the issuance fund belongs to the general Treasury

< P > (4) daily cash receipt and payment of the general banking business Treasury. The currency issue of RMB is mainly realized through the cash collection and payment business activities of commercial banks. After the commercial banks transfer the issuance funds of the people's Bank of China's issuance Treasury into the business Treasury, they pay the units and indivials from the business treasury through the cash cashier, and the RMB banknotes enter the market. This is called "cash injection."

at the same time, all commercial banks have to recover a certain amount of cash from the market every day. When the inventory currency of the business library exceeds the specified limit, the excess part should be sent to the issuing library for safekeeping. This is called "cash return". The process of currency from issue library to business library is called "issue", that is, currency issue; The process of money returning from the business library to the issuing library is called "warehousing", that is, money withdrawal

The current currency issuing system actually refers to the issuing system of non cash credit currency. The currency issuing system of western countries has inherited the management method of bank notes issuing, emphasizing the supervision of the state, so as to ensure the appropriate issuance of currency and maintain the stability of currency value in the country or even the region. Almost all countries centralize the right of currency issuance to their central banks, stipulate the maximum amount of issuance, the conditions of flexible issuance, and the corresponding conditions of issuance guarantee

China's currency issuance right is concentrated in the people's Bank of China, which implements highly centralized management and adheres to the principle of economic issuance. Except the people's Bank of China, no region, no unit, no indivial is allowed to issue any currency or currency in disguised form, and no one has the right to use the national currency issuance fund. RMB is released through the credit procere of national bank

8.

The issuance process of RMB can be divided into four steps:

1. Every year, the head office of the people's Bank of China puts forward a plan for currency issuance and withdrawal in accordance with the state's economic and social development plan, which shall be submitted to the State Council for approval before implementation

The State Council approved the money supply plan submitted by the people's Bank of China

3. The issuing fund is the currency to be issued kept by the central bank for the state. It is a reserve fund for currency issuance, which does not have the nature of currency. It is kept by the people's banks at all levels that set up the issuance Treasury, and is under the unified control of the head office. The right to use the issuance fund belongs to the general Treasury. After the commercial banks transfer the issuance funds of the people's Bank of China's issuance Treasury into the business Treasury, they pay the units and indivials from the business treasury through the cash cashier, and the RMB banknotes enter the market

at the same time, all commercial banks have to recover a certain amount of cash from the market every day. When the inventory currency of the business library exceeds the specified limit, the excess part should be sent to the issuing library for safekeeping

In China, the right to issue currency belongs to the state. The State shall, in accordance with the needs of national economic development, approve the annual maximum issuance limit of RMB. The people's Bank of China shall, in accordance with the issuance quota approved by the State Council, specifically handle the issuance of RMB and centrally manage the issuance funds

for a long time, China has required that money issuance should not be used to make up the fiscal deficit, not to provide credit without material guarantee, but to meet the needs of commodity circulation. Therefore, China's currency issue is generally economic issue. However, in indivial years, e to various reasons, there is a fiscal deficit, so we need to issue currency to make up part of the fiscal deficit, which belongs to the nature of fiscal issuance

9. In China, the right to issue money belongs to the state. The State shall, in accordance with the needs of national economic development, approve the annual maximum issuance limit of RMB. The people's Bank of China shall, in accordance with the issuance quota approved by the State Council, specifically handle the issuance of RMB and centrally manage the issuance funds. The people's Bank of China has an issuing fund depository (hereinafter referred to as the issuing treasury) to keep the issuing funds. The issuing fund is the RMB that has not been issued, it is not the currency in circulation. Each professional bank has a business library, which is established for daily cash collection and payment. It approves cash stock limits. The part of cash exceeding the inventory limit shall be deposited in the issuing treasury. When the business cash on hand is not enough to meet the needs, cash must be transferred from the issuance treasury of the people's Bank of China. The issue of funds into the business library, is the currency issue.