How to issue new virtual currency
Hello, the answer is not easy, hope to adopt, first of all your question is two pieces of content, the issue of digital currency and mining! This is two things, generally need to use mining machine to mine are published and online transactions of digital currency, and the majority of mainstream currency! For example, BTC / eth
4. Singapore law sponsored terms.conditions for public issues token public offering terms, website publicity and disclaimer in accordance with Singapore regulatory regulations
I don't need to explain the last two items. Private placement and public offering depend on your personal situation. With the relevant legal opinions, it will be more convincing to your investors. Everything you do is legal and compliant. In addition, after reporting, we are not afraid of MAS to check you. Of course, the most important point is that we can go to the mainstream exchanges
among them, the packaging and promotion of tokens, and the exchanges you go to, are the places that reflect the strength of your currency. The fees for necessary documents mentioned above are not worth mentioning< br />
the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade 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 third kind of virtual currency on the Internet, such as bitcoin (BTC), Fuyuan coin (FTC) and Wright currency (LTC). Bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.
game currency is mainly circulated by game companies and professional gamers through online tasks and ground sales
network token: it is a kind of virtual currency equivalent to normal currency that can circulate on the network. Such as the common Q coin. This is mainly to facilitate users in a variety of consumer activities on the network. In the early stage, free quantitative distribution is used to guide consumers to a virtual consumption habit. In the later stage, special sales channels are set up.
Where does the newly issued currency enter? The popular point of issued currency is to enter the market for circulation. Banks issue
the government can not use more issued currency to make up the fiscal deficit. Do you think that if the country keeps issuing currency, is the money still worth it? Have you ever had a history class in high school? The national government keeps printing money all day long. As a result, money is worthless, which will lead to inflation. I'm going to tell you what currency means. Currency means cash in circulation. Inflation means more cash in circulation, which exceeds the total value of goods in the market, This will lead to price rise and currency devaluation
the government should not rece the issue of currency, but should decide how much to issue according to M = PQ / v. Recing the issue of money means that the amount of money circulating in the market will decrease, the people's money income will decrease, and the purchasing power will decrease, which will affect the fall of prices and cause deflation. The long-term monetary tightening will restrain investment and proction, lead to the rise of unemployment rate and economic recession< In a word, money is a special commodity as a general equivalent, and its issuance should match the value of the total commodity in the market. If the total commodity in the market is less, you will not be able to issue more money. If the total commodity in the market is more, you will not be able to issue less money, For example, foreign capital enters China to stimulate China's economic growth and aggregate demand. In this way, China needs to issue more money to match the increasing aggregate demand in the market. However, if the foreign capital withdraws, the aggregate demand will drop, but the issued money is still in circulation in the market. At this time, the aggregate demand is not equal to the amount of money in circulation, and the money is greater than the aggregate demand, leading to the rise of prices, In fact, inflation is always there, only very small, within a few percent. This kind of inflation is normal. There is also real estate. With the rapid development of real estate, a lot of money has been borrowed from the bank, and the money is not out of thin air, but is printed by the banknote printing machine. If the real estate fails in the future, the real estate instry will not be able to use the banknote printing machine, China's real estate has made the people's Bank of China issue too much RMB. The house price and the value of RMB have declined. However, so much money issued before is still there. So much money printed will make the price of Chinese procts soar, which will lead to serious inflation
so you can understand it better
about deflation, that is, people are unwilling to spend money on consumption, economic crisis, economic recession, unemployment, income decline, consumption decrease, prices fall, deflation. So when deflation occurs, you will find that the state reces interest rates, increases economic investment, and promotes economic development, To stimulate people's consumption.
of course, the central bank will put part of the money in the central bank to adjust the price of procts, and put more or less according to the price situation. This is the deposit reserve ratio
that's about it. I hope I can help you. I answer your questions one by one with my hands. If there is anything I don't understand, I can leave a message. There are so many questions about you. How did the newly issued currency enter the market? Is it the bank that gets into the hands of the teller by increasing the interest rate? If so, isn't it equal to encouraging savings? The amount of money circulating in the market should be reced as a result. Who owns the newly issued money
the newly issued currency does not enter the withdrawal staff by increasing the interest rate, so you are asking the wrong question later. The money issued by the central bank is mainly for people who have new demand for money, including enterprises and indivials. For example, enterprises need new investment, indivials need new consumption or investment, and so on. In this way, indivials or enterprises need to borrow like commercial banks. With less money circulating in the market, commercial banks will not have enough money. At this time, the central bank needs to issue money to maintain balance, The question is, how can the issued currency get into the hands of commercial banks? The central bank will buy treasury bonds (or other bills) in the hands of commercial banks. This process is actually in the issuance of additional currency. Commercial banks lend you money from selling Treasury bonds (or other bills), so you get the new currency issued by the central bank. In this way, the money issued by the central bank will enter the circulation market, so as to maintain the balance between the total value in the market and the money issued
2. Your second question is a little vague. Paper money is the general currency issued by the state, and it is an exchange item. Paper money itself has no value. People have confidence in it, and paper money can realize its function
as for the funds lent by banks to real estate, why does real estate borrow from banks? Because the real estate is increasing in value, the total value of the market will increase, which means that there is not enough money in circulation. New money needs to be put into circulation to keep balance. Banks see or think that the real estate will increase in value, so they go back to question 1. Commercial banks are like loans from the central bank. The central bank issues new money to buy the securities of commercial banks, Then commercial banks are lending to real estate developers, so new money flows into the market. In addition, if the real estate price drops later, the total value in the market will drop, and the new currency issued by the previous loan is still in circulation, which will cause inflation
your third question is strange... Deflation??? Deflation is to make prices fall, not rise. I'll answer why deflation leads to economic recession. In fact, there's a question here. You don't think it's from the right angle. You just think about a small aspect, people, one by one. You have to enlarge the scope and look at the problem comprehensively. For indivials, deflation means that people's consumption enthusiasm is not high, which leads to the decline of prices. It has little impact on indivials, because the money in their hands has not depreciated. But if you want to go further, who will suffer from people's low consumption enthusiasm? Is the proction of goods enterprises! Therefore, deflation reces the profits of enterprises and transfers part of wealth to residents; Deflation makes the real interest rate of enterprise debt rise, and the income further transfers to indivials. Therefore, in the final development, the efficiency of enterprises will decline. If we keep deflation and want to exaggerate, the enterprises will go bankrupt if their efficiency is not good, and it will be the state and indivials who will suffer. Enterprises are an important driving force of economic growth. If enterprises fail to develop and workers are laid off, the economy will fall back, Of course, there are other effects:
1. The continuous decline of prices will rece the profits or even losses of procers, and then rece proction or stop proction< 2. The continuous decline of prices will damage the debtor, and then affect the proction and investment
3. The continuous decline of prices and the rection of proction and investment will increase unemployment, rece residents' income, and aggravate the shortage of aggregate demand. In the end, will not it lead to the economic downturn? Therefore, when you analyze a problem, you should look at the problem in a large scope within a period of time, not alone···