American virtual currency
for example, the bitcoin mining entered the ASIC era, thanks to Avalon and roast cat. Of course, the butterfly experiment in the United States also contributed, but the consistent ticket skipping style of the butterfly laboratory in the United States is despised. There is also the roast cat with the upgrading of technology is graally marginalized, at present only Avalon has been in the forefront of innovation. It's the same with Laite coin ASIC mining. The Chinese were the first to develop Laite coin ASIC mining chips, which broke the myth that ASIC chips can't be used in Laite coin mining.
moreover, in some regions, there are ATM like machines that can directly extract bitcoin and convert it into US dollars.
many places / shopping malls / Tesla Motors can directly settle transactions with bitcoin
The characters corresponding to the denominations of the US dollar notes in circulation (the currency of the United States is US dollar, only the currency of China is RMB) are as follows:
$1: George Washington (February 22, 1732 - December 14, 1799), the first president of the United States
$2: Thomas Jefferson (April 13, 1743 - July 4, 1826), the second president of the United States
$5: Abraham Lincoln (February 12, 1809 April 15, 1809), the 16th president of the United States
$10: Alexander Hamilton (January 11, 1755 - July 12, 1804) was the founder of the United States and the first treasury secretary
$20: Andrew Jackson (March 15, 1767 June 8, 1845), the seventh president of the United States
$50: Ulysses Simpson grant (April 27, 1822 - July 23, 1885), the 18th president of the United States
$100: Benjamin Franklin (January 17, 1706 - April 17, 1790), founder of the United States, social activist, diplomat, scientist, writer, etc
for the sake of points, all kinds of requests for adoption, thank you
for example, if a person lives and starts his own business in the United States, he can do it at a rate of 12 per month. But now in China, he has to tighten his belt for food at a rate of 12 per month, Bananas cost 4 or 5 yuan a Jin in China. In the United States, if bananas are sold for 4 or 5 yuan per kilo, it's a sky high price. I feel that only in places like Hawaii can there be such expensive fruits. Usually in California, the price of vegetables and fruits in supermarkets is about one dollar a pound (450 grams), and one dollar can buy two or three pounds on sale or promotion
the price of ready-made clothes (excluding famous brands) in the United States is also very good. In China, a coat may cost four or five hundred yuan. In American department stores, the average price is about seventy dollars. When it comes to seasonal sales, there is often a half price or 25% discount, which is cheaper
at present, the exchange rate between us dollar and RMB is 1:6.8, not 1:8. And the yuan is likely to continue to appreciate
generally speaking, the consumption habits of Americans are more extravagant than those of Chinese. Chinese people pay more attention to saving, because they are not afraid of ten thousand, just in case< However, most Americans are drunk and have no money to borrow. The last way is to apply for bankruptcy protection.
as you all know, the current price ratio of RMB is more than six yuan to one dollar, but what can be bought for six yuan in China can never be bought for one dollar in the United States, which is the so-called purchasing power. In the world, there is a purchasing power parity, which compares the retail prices of the same procts used by people all over the world in different countries and regions. It is found that there is no necessary connection between the prices of these things and the exchange rate, which leads to purchasing power parity
KFC in the United States has a sales feature. It has a global unified price. For example, a big Mac sells for two dollars in the United States and is converted into 13 yuan in China according to the exchange rate. But in the United States, it belongs to a kind of low-grade food, even if the Chinese cold skin, steamed stuffed bun, only low-income people eat; But in China, it has become a high-end proct. The decoration of its stores is very expensive, not to mention that its air conditioning can reach more than 20 degrees in winter, making the room warm as spring
in 2013, China's GDP was only half of that of the United States. However, because of the high purchasing power of RMB in China (Western countries think that the value of RMB is undervalued), China's GDP at that time had surpassed that of the United States according to international purchasing power parity. However, neither the United States nor the Chinese government recognized that the United States could not save face, China is playing mb.
another American followed suit and exchanged $100000 for RMB 680000. In China, he spent $500000 on a house and $180000 on eating, drinking and playing. When he wanted to go back, the house increased in value and got a net profit of $1 million. At the exchange rate of 1:5, he could just exchange $200000. The American said that I was playing and making money
a Chinese who works in the United States can exchange 680000 RMB for 100000 US dollars. I worked hard in the United States for a year and made 36000 dollars. He wants to go back to the bank, because the RMB has appreciated to 1:5 against the US dollar, and the Chinese used 136000 US dollars to exchange for 680000 RMB. 680000 yuan when I came, 680000 yuan when I went back, and I went home sadly.
different procts are not easy to calculate. For example, computers and mobile phones are basically in line with the exchange rate. That is to say, computers with 1000 US dollars sell around 7000 in China, and some brands will be more expensive in China< For example, McDonald's in the United States may cost $6-9 for a set meal, and 20-30 in China.
medical expenses are very expensive. A bottle of allergic rhinitis medicine costs $130, and a bottle of hanging water costs more than $500
the whole process of manual work is quite expensive. For example, the cheap massage is about $40-60 an hour, which is similar to the domestic value
renting a house is too closely related to the region. In 2012, a bedroom in New York was about $2000 a month, and a villa in Texas was $400 a month. You can judge for yourself
to sum up, I think that in terms of value, 200 US dollars may be equivalent to 500 RMB.