Brazil vs virtual currency 2018
Some virtual currencies are illegal in China. Chinese laws prohibit virtual currencies. The only legal currency in China is RMB. Since the people's Republic of China issued RMB, it has lasted 71 years. With the development of economic construction and the needs of people's life, it has graally improved and improved. So far, it has issued five sets of RMB, forming a multi variety and multi series monetary system of paper money and metal money, ordinary commemorative money and precious metal commemorative money
except for 1,2,5 fen coins, the first, second and third sets of RMB have been withdrawn from circulation, and the fourth set of RMB has been suspended from circulation since May 1, 2018 (except 1 jiao, 5 jiao notes and 5 jiao, 1 yuan coins). The current circulation of RMB is mainly the fifth set of RMB issued in 1999
the people's Bank of China is scheled to issue the fifth set of RMB 50 yuan, 20 yuan, 10 yuan, 1 yuan banknotes and 1 yuan, 5 jiao, 1 jiao coins of the 2019 edition from August 30, 2019. The fifth set of RMB inherits the traditional experience of China's printing technology and draws lessons from the advanced technology of foreign banknote design, which has greatly improved its anti-counterfeiting performance and currency processing modernization
Chairman Mao Zedong's head portrait in the early days of the founding of the people's Republic of China is used on the front of each denomination currency, the famous Chinese flower pattern is used on the bottom, and the main scenery pattern on the back fully shows China's long history and magnificent mountains and rivers, and carries forward China's great national culture by selecting representative patterns with national characteristics
https://zhuanlan.hu.com/p/40879526
Gram is a general token issued by telegram based on ton blockchain system
related introction:
based on the basis of telegram, the end-to-end encryption in gram ensures that the message can only be read by the receiver. Through secret chat, our server does not store any content, you can freely write and destroy messages on two devices. The team named the official gram community as gramspace, which has the nature of sandbox and unlimited expansion
users can buy land, grow crops, build buildings and so on in gramspace. Finally, as an enhanced design of telegram, gram provides rich interfaces, which can be compatible with AR devices and 3D printing devices
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the fuel token of gram system is also called gram. Users can use gram to enjoy a variety of value-added services in the telegraph space, improve the mining efficiency, and directly purchase other users' houses or plots to expand their telegraph space
gram sugars can be used to exchange gram, the token of the same name of gram platform. Gram can be used for various activities of telegraph planet, and can also be traded through the exchange
tokens usually need to be exchanged for money, used in shops, playgrounds, mass transit and other places, as a certificate to use services and exchange goods. The token is mainly made of metal or plastic
According to the exchange rate on January 11, 2020, 100 Brazilian real = 168.89 RMB
for example:
If a bottle of mineral water is RMB 3, Brazilian real is required: 3 * 0.5921 Brazilian real = 1.7763 Brazilian real
a barrel of instant noodles needs 8 Brazilian reais, and RMB: 8 / 0.5921 RMB = 13.50 RMB
The denominations of the first edition of real are: 1 real coin; 1. 2, 5, 10, 20, 50, 100 reais paper money and 10 reais plastic money (Brazil's 500 year circulation commemorative currency)the Central Bank of Brazil issued the second set of real on February 3, 2010, with a face value of 2, 5, 10, 20, 50 and 100
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advantages of RMB appreciation:
1. Appreciation reces the competitiveness of traditional exports. From April 2017 to the beginning of 2018, the RMB has been in a stage of appreciation. Obviously, appreciation is not concive to exports, because it will make the equivalent foreign exchange in exchange for less RMB
2. Appreciation provides operating space for monetary policy. If there is downward pressure on the economy, the central bank will adopt the method of recing interest rate or standard rate to stimulate the economy. However, the rection of interest rate will make the domestic interest rate lower than overseas, the profit seeking capital will accelerate the outflow, and the RMB will bear the pressure of depreciation
3. Appreciation is concive to attracting capital and alleviating capital outflow. The appreciation of RMB means the improvement of fundamentals. The strengthening of economic data will attract more international capital inflow. In the short term, it can enrich domestic liquidity, which will be good for the stock market and real estate