Is there virtual currency interest

1.

Nowadays, with the development of the Internet age, the era of digital currency is coming. Digital currency obviously provides convenience for people's life, and there are many advantages. However, digital currency has no advantages of real currency and no interest{ RRRRR}

Third, digital currency has no interest

but the promotion of digital currency also has certain obstacles, for example, our payment platform today, and these mobile payment also need network, once the network problems, then even can not complete the payment. However, digital currency is different, not only does it need no network, but also will not be limited by time and space, and even does not need handling charges< it's just that digital currency has no interest of real currency, which is also the case that many people are reluctant to use digital currency

2. In addition to bitcoin, there are many other virtual currencies in the virtual world< Liteoin (LTC) was released on October 7, 2011, and is currently the most valuable counterfeit currency, accounting for about 2% of BTC's market value. The current unit price is US $2.31, with a total currency value of US $38 million

this is also a distributed (decentralized) digital currency. Unlike the sha256 mining algorithm used by bitcoin, LTC adopts scrypt algorithm. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory. Each hash is used as the seed of the input, and then it needs a lot of memory to store another pseudo-random sequence to generate the pseudo-random points of the sequence and output the hash value. In the mining of BTC (bitcoin), it is not enough to rely on simple graphics card mining (it takes about ten to dozens of days to dig a BTC with general configuration graphics card). The emergence of various expensive mining machines has raised the threshold for ordinary people to get BTC through mining, while LTC has certain advantages in using PC graphics card mining This passage comes from Zhihu.)

compared with BTC, litecain has made a little improvement in technology. If BTC is gold now, LTC is silver for the time being

the biggest advantage of litecoin is that it can confirm the authenticity faster. The virtual currency is designed and maintained by Charles Lee. Bitcoin transactions need to be verified, and the average verification time is more than 10 minutes. Most transaction websites need 1 hour to verify. The average transaction confirmation time of liteoin is 2.5 minutes. Developers claim that shortening the verification time increases the practicability of virtual currency. The bitcoin mining efficiency of customized machine and AMD GPU is the highest, making it almost unprofitable for miners using CPU mining. Litecain's mining excludes GPUs and custom processors, so it doesn't rely too much on a small number of professional miners

ppcoin

ppcoin (PPC) was released on August 19, 2012, which has improved the original technology of BTC. Use proof of make and add the concept of coin age

ppcoin is a bifurcated project of bitcoin, which aims to achieve energy efficiency and maintain the best performance of the original bitcoin as far as possible. The unit price of ppcoin is US $0.22 and the total currency value is US $4 million

ppcoin does not have a fixed upper limit of money supply, but it does not mean that ppcoin has obvious inflation compared with bitcoin. Bitcoin can be compared to gold. The annual inflation rate of gold is about 1-3%. Although gold has no known upper limit of money supply, we still know that it is a reliable scarce commodity

ppcoin has two types of casting: work certificate and equity certificate. The coinage rate of working proof is affected by Moore's law, which depends on the doubling of our working proof ability. What we all know is that Moore's law will eventually come to an end. By then, the ppcoin of inflation may be close to the gold level. The annual maximum inflation rate of certificate of equity is 1%. At the same time, ppcoin's transaction costs were destroyed to fight inflation. So on the whole, the coin design of ppcoin is still a very low inflation design in the future, which can be comparable with bitcoin<

ppcoin's reward is similar to lottery, which will determine the winning probability according to the number of ppcoin held by miners. Sunny king, one of the founders, said that their design is based on a new concept of long-term energy efficiency

terracoin

terracoin (TRC) was released on October 26, 2012, with a total currency of 42 million. The speed of each block is 2 minutes, slightly faster than LTC. There is not much special in technology, similar to the proction of BTC halved every four years

however, the operation team seems to have a strong business background and may be better than other bitcoins in circulation. The development of virtual currency is getting more and more attention. Now some teams with business background will accelerate the development of virtual currency

namecoin

namecoin is a distributed domain name system based on bitcoin technology. Its principle is the same as bitcoin. The first release date of this open source software is April 18, 2011

namecoin is generated from an original block which is different from bitcoin's main trading block. It uses a new blockchain, which is independent of bitcoin's blockchain. Because it is based on bitcoin, the security, distribution, robustness, encryption and migration of domain names are guaranteed mathematically. You can dig bitcoin and namecoin at the same time

this project was discussed and proposed by bitdns, which is mainly dissatisfied with the defects of DNS. The only top-level domain name of namecoin is. Bit. It costs namecoin to register a. Bit domain name

in addition, Q currency, Shanda currency, starting point currency and various online game currencies are also virtual currencies.

3. There are mainly the following ways to make profits of virtual currency:
1. But mainly for mainstream bitcoin
2. Buy low and sell high in the market to earn the price difference
3. Join the army of mining, carry out mining, and then sell the money to make money
4. Open a digital currency trading platform and collect handling charges. These are basically the profit models of mainstream digital currencies such as bitcoin, Ruitai coin and Laite coin. Virtual currency investment is risky, and there is no limit on the rise and fall of stocks in virtual currency, so it needs to be cautious to invest in virtual currency. At present, Ruitai coin, Weimeng coin and Ethereum perform well in the market

virtual currency is a growing field of innovation, where there are business opportunities as well as risks. Even though bitcoin has been developing at a high speed so far, there is no guarantee that it will continue to grow. Any investment of time and resources related to bitcoin requires entrepreneurship. There are many ways to make money with virtual currency, such as mining, speculation or new business. All of these methods are highly competitive and have no profit guarantee. Everyone should make their own appropriate assessment of the costs and risks involved in any such project
in a word, virtual currency has huge business opportunities, but it also has huge risks. How to make money is a subject that needs to be pondered and studied slowly. Remember not to follow others' advice. They can only be used as a basic reference for blind investment by so-called financial tycoons or big investors. They still need to have their own judgment ability.

4. Just be yourself once

5. There is no interest rate problem in virtual currency. Virtual currency is not a currency in China, but a special Internet commodity in China. Well known virtual currencies include bitcoin, Ruitai coin, Laite coin, doggy coin and so on
interest rate is the ratio of interest amount to total loan capital in a certain period of time. Interest rate is the interest level of unit currency in unit time, indicating the amount of interest. Economists have been trying to find a theory that can fully explain the structure and change of interest rate. Interest rates are usually controlled by the country's central bank and, in the United States, by the Federal Reserve. So far, all countries regard interest rate as one of the important tools of macroeconomic control.

6.

Oh, in the absence of interest, it's no different from putting it at home, but it's not necessarily the same in other aspects, such as currency conversion, etc.

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7. Compound interest is an economic concept corresponding to simple interest. The calculation of simple interest does not include the interest into the principal; On the contrary, compound interest should be incorporated into the principal and repeated. Compound interest is compound interest, which means that the annual income can also generate income. Specifically, the whole loan term is divided into several segments. The interest calculated according to the principal of the previous segment is added to the principal to form the increased principal, which is used as the principal base for calculating the interest of the next segment until the interest of each segment is calculated and added up, We can get the interest of the whole loan period, which is commonly known as rolling interest. Some people even call it "the eighth wonder of the world"

from the definition, we can see that there are three elements of compound interest: initial principal, rate of return and time

the double compound interest of virtual currency is mostly a pyramid scheme, because it is a pure digital game without any physical support.

8. You can ask me if you don't understand the capital speculation

9.

Although it has been six years since the digital currency of the Central Bank of China was developed, some people still don't understand it. Last time a netizen asked, can digital currency be invested? This time I asked, is there any interest? Even ask how to calculate reasonable interest? It's really puzzling. It's like bitcoin. Is there too little official propaganda? There are many folk digital currencies, but according to the question, here we only talk about the legal digital currency to be issued by the Central Bank of China. Does digital currency have interest? To be sure, if it is not deposited in the bank, there will be no interest at all. The official introction is the same. Why

How to keep

? First, install the central bank & lt; Digital wallet & quot; App, whether converted or received in any form in the future, will be stored here, but this is not a bank account. Figuratively speaking, digital wallet is our wallet or safe. It completely gets rid of the restrictions of traditional bank account system and has nothing to do with bank account

how to use it? Since digital currency is equivalent to cash, it can still be used for investment and financing in addition to transfer and payment. When we have the digital currency, we can deposit the digital currency in the bank, get interest as a deposit, or get income as other investment and financial management. What about the interest? Of course, there is no difference with the current investment and financial management. You can calculate it as you like, and you will never change the rules of investment and financial management just because it is a digital currency. Looking forward to the future, physical money (paper money and coins) will eventually be replaced by digital money and disappear completely in the historical stage, which is the inevitable trend of the digital economy era