What are the three virtual currencies in the world
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, and citizens' investment and transaction of virtual currency are not protected by law
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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
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, and citizens' investment and transaction of virtual currency are not protected by law
the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press
the first category is familiar 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 first two types can be regarded as one, which is only a detailed difference in function. Since the end of 2016, the third type of digital currency has quietly entered our life, which refers to the digitization of currency. Digitization doesn't mean scanning. This is just like digital signature. Digital signature does not mean scanning your signature into a digital image, or using the touchpad to obtain the signature, let alone your signature. Digital currency is often mistaken for virtual currency. But virtual currency refers to non real currency. For example, when you play "Three Kingdoms" (game) or "grand Voyage", you have money, which is virtual, that is, the first and second categories we just described. Of course, the virtual money will also have its real value. For example, if you buy her / his account from another player, you can get all the virtual assets of that player, and then it will be much easier for you to continue playing. Virtual money is not necessarily digital. For example, children play games with pebbles as virtual currency
there are also obvious differences between the transaction rules of digital currency and virtual currency. In most cases, the value of digital currency is higher than that of virtual currency, and it needs more strict transaction rules to carry out transactions
the top three currencies of digital currency are BTC eth EOS
The essence of money is the general equivalent. In the process of the continuous development and evolution of human history, it has gone through the stage of physical money, the stage of substitute money, and then entered the stage of credit money. In primitive society, people exchanged livestock, salt, shells and other hard to get goods as general equivalents
in the long history, the emergence of metal currency makes the economic life achieve unprecedented prosperity. However, e to the inconvenience of carrying metal money, paper money became the mainstream form of money. With the rapid development of modern information technology, e-money has come into our life
if the evolution process from physical money to value symbol paper money is the first qualitative leap in the history of money development, then the evolution process from paper money to electronic money is the second qualitative leap in the history of money development
from the perspective of money form, physical money itself is a commodity in addition to performing monetary functions; Paper money is a symbolic tool of value for commodity exchange and a credit currency; Electronic currency is the proct of highly developed Internet economy and continuous progress of bank payment and settlement technology. It not only has the function of traditional currency, but also can continuously improve digital currency
At the same time, the virtual money market based on electronic information is also booming. By the end of 2014, the number of Internet users in China had reached 632 million, including 517 million registered users in the online game market and 114.48 billion yuan of sales revenue, an actual increase of 37.7% over the previous yeara huge virtual space based on the Internet has been formally formed. As a kind of virtual currency with intrinsic value, convenient online trading behavior, low transaction cost, and service providers' issuance, it emerges as the times require
first of all, from the functional analysis. Virtual currency is a kind of transaction medium in the Internet virtual space, which has the function of value scale, but the value scale of virtual currency is different from that of legal currency
using virtual currency to purchase virtual procts and services can only be within the scope specified and allowed by the issuer of virtual currency (Internet operator), and the size of this scope depends on the number of virtual procts and services. If the virtual procts and services provided by the website are large enough, the scope of virtual currency will be large
the currency value of virtual currency depends on the pricing of virtual currency by issuers. When no currency can communicate between virtual cyberspace and reality, the pricing of procts and services is still based on real RMB. That is to say, when issuers of virtual currency price their own virtual currency, they should first convert the price of virtual currency based on RMB
The three major currencies in the world are euro, US dollar and Asian dollar
Asia dollar is a monetary idea put forward by Robert Mundell, the Nobel Laureate in economics and known as the "father of euro". During the 2001 APEC meeting in Shanghai, he predicted: "in the next 10 years, there will be three major currency areas in the world, namely the euro area, the US dollar area and the Asian currency area." The Asian dollar is the first stage to realize the Asian common currency, which can be used as a reference index for countries to formulate exchange rate policies. At present, an agreement has been reached on a specific plan for the Asian dollar to be as common as the euro. If the Asian dollar is used as a real currency, the world will be divided into three polar currency circles: the US dollar, the euro and the Asian dollar
introction of euro, one of the three major currencies in the world
euro is the most significant result of European monetary reform since the Roman Empire. The euro not only makes the European single market perfect and the free trade among euro zone countries more convenient, but also is an important part of the process of EU integration
The euro became the only legal currency in the euro area in July 2002. The euro is managed by the European central bank system, which consists of the European Central Bank and the central banks of the euro area countries In addition, the euro is also the currency of six non EU countries (regions), namely, Monaco, San Marino, Vatican, Andorra, Montenegro and Kosovogenerally, we will judge whether a currency is in a weak or strong position from the transaction volume, circulation range, strength or weakness of currency, and what supports the strong and weak position of currency is often related to the economic development level of the currency issuing country itself. In international trade, both parties are more willing to use a more stable currency as the settlement currency. In the rapidly changing global economy, today's three major currencies will not always be the three major currencies. Some time ago, in the economic downturn in Europe, Japan's economy is still recovering, and the internationalization of RMB is graally strengthening. Many people are also discussing whether RMB will be among the three major currencies in the world
here are some introctions of the three major currencies:
[US dollar]
as the base currency in foreign exchange, US dollar is the main currency in international payment and foreign exchange transaction, and plays a very important role in the international foreign exchange market. There have been two dollar crises in history: the first one was in October 1960. Due to the "cheap currency" policy adopted by the United States in the Marshall Plan, a large number of US dollars poured into Europe. At the same time, the deterioration of the balance of payments situation of the United States caused the pressure of US dollar devaluation and shaken people's confidence in the fixed exchange rate between us dollar and gold. The second dollar crisis refers to March 1968. Since the subprime mortgage crisis in 2007, the Federal Reserve has cut interest rates seven times in a row, and some international capital has withdrawn from the United States, resulting in the continuous depreciation of the US dollar. However, depending on the strong economic strength of the United States, up to now, the US dollar is still the main international unit of valuation, means of payment and reserve. The fluctuation of exchange rate does not mean that the international currency status of US dollar has changed greatly
[Euro]
as the single currency of the European Monetary Union countries, euro is the most stable among the major non US currencies, and has become the second largest currency in the world after the US dollar. In January 1999, when the euro was officially launched, its exchange rate was US $1.018. Since then, the exchange rate has been declining all the way, with the biggest drop of about 25%. On January 1, 2002, with the official circulation of the euro, the exchange rate of the euro against the US dollar rebounded, once showing a unilateral upward trend. In recent years, with the continuous expansion of the use of the euro, the exchange rate against the US dollar is also rising. On December 28, 2007, the ratio of euro to us dollar has reached 1 euro to 1.4714 US dollars, an increase of about 80% compared with the lowest value in 2000
[yen]
in 1964, the yen became an international currency. After the collapse of the Bretton Woods system, the floating exchange rate of yen was implemented in 1971, and then it became stronger and stronger. Since the Plaza Accord in 1985, the fluctuation of the yen exchange rate against the US dollar has replaced the fluctuation of the US economic growth rate and become the most important factor influencing the economic prosperity of Asia. However, after the collapse of the bubble economy in the late 70s, early 80s and 90s, the Japanese yen also experienced several significant devaluation. From 1995 to 1998, for example, the yen depreciated more than 70% ring this period. In 1998, Japan entered into the most difficult year of economic situation. By June 15, the lowest exchange rate of yen against the US dollar in the US trading market was 146.60:1, falling to the lowest point in eight years. The devaluation of yen has become an important source of world economic instability.