Collapse of Russian virtual currency
Publish: 2021-04-17 21:23:13
1. Li, a Hefei native, spent 140000 yuan on 124 bitcoins in October this year. Afterwards, Li joined some chat groups of bitcoin players to pay close attention to the bitcoin market. On October 22, a person named Michael in the group took the initiative to chat with Li and asked him if he was mining“ I won't, and I won't get any money. " Mr. Li replied. Michael repeatedly urged Li to have a try and sent him a "mining tool", claiming that he could use the tool to dig more bitcoin. In the subsequent chat, Michael constantly reminds Li to put bitcoin in his wallet, saying that the trading website is not safe“ From time to time, there are news that trading websites are closing down and running away. What he said is quite reasonable, so I believe him. " Li told Anhui Business Daily
100 bitcoins disappeared
Li received and installed mining tools. On the evening of October 26, he was inced by Michael to put 100 bitcoins in his wallet. However, when the bitcoin in the E-wallet just reached 100, it suddenly disappeared. Li suddenly panic God, and then contact Michael, the convenience of invisible disappeared
Li told reporters that at present, a bitcoin costs about 5000 or 6000 yuan, and 100 bitcoins are worth 500000 or 600000 yuan. Afterwards, Li reported the case to the police. However, to Li's disappointment, because bitcoin is a virtual currency, there is no relevant domestic law to regulate and protect its transactions. The police did not file a case“ Now, this man named Michael is still active on the Internet. He's just taking advantage of the law. " Li told Anhui Business Daily
there is a Trojan horse in "mining tools"
How could Li's bitcoin disappear? 360 security engineer contacted him and tested Michael's "mining tool", and found that this tool is a very popular "bitcoin robber" Trojan horse this year. According to the analysis of 360 security center, most of the "bitcoin thieves" Trojans are disguised as mining tools, simplified wallets and other compressed files. Once a player is recruited, the Trojan will automatically search for bitcoin wallets and steal them through e-mail, hacker remote control and other means.
100 bitcoins disappeared
Li received and installed mining tools. On the evening of October 26, he was inced by Michael to put 100 bitcoins in his wallet. However, when the bitcoin in the E-wallet just reached 100, it suddenly disappeared. Li suddenly panic God, and then contact Michael, the convenience of invisible disappeared
Li told reporters that at present, a bitcoin costs about 5000 or 6000 yuan, and 100 bitcoins are worth 500000 or 600000 yuan. Afterwards, Li reported the case to the police. However, to Li's disappointment, because bitcoin is a virtual currency, there is no relevant domestic law to regulate and protect its transactions. The police did not file a case“ Now, this man named Michael is still active on the Internet. He's just taking advantage of the law. " Li told Anhui Business Daily
there is a Trojan horse in "mining tools"
How could Li's bitcoin disappear? 360 security engineer contacted him and tested Michael's "mining tool", and found that this tool is a very popular "bitcoin robber" Trojan horse this year. According to the analysis of 360 security center, most of the "bitcoin thieves" Trojans are disguised as mining tools, simplified wallets and other compressed files. Once a player is recruited, the Trojan will automatically search for bitcoin wallets and steal them through e-mail, hacker remote control and other means.
2.
In today's society, the whole world is a super strong society. One superpower refers to a superpower, and the United States deserves it. There are many powerful countries, such as Japan, Russia, China and so on. Nowadays, digital currency is widely popular. Up to the top officials and dignitaries, down to the people, there may be people playing digital currency. What's more, maybe you have several friends playing digital currency. According to the current situation, the main body of issuing and implementing digital currency is mainly divided into two categories, one is issued by companies, the other is issued by social organizations or associations. Although countries are joining the tide of blockchain research, so far no country has officially launched sovereign digital currency
Therefore, Venezuela should learn more from Russia and strengthen its own construction. And other aspects have come up, and then issue their own digital currency, I believe credit will be higher3. Whether it is a virtual money pyramid scheme fraud, you can bring evidence to the police
if you are really cheated, you can bring the evidence to the police
the police will conct screening and investigation
in case of fraud, the police will file a case and actively solve it. If the case is solved,
it will recover the loss for the victim.
if you are really cheated, you can bring the evidence to the police
the police will conct screening and investigation
in case of fraud, the police will file a case and actively solve it. If the case is solved,
it will recover the loss for the victim.
4. The ruble has plummeted. A certain amount of foreign currency can be exchanged for more rubles. Many local luxury brands in Russia have no time to update their prices, so they are relatively cheap
5. Russia's central bank's budget is based on oil prices. At $100 / barrel, the government is still happy, and there may be a small deficit in 2015. If you get below 60, you're in big trouble
the way to deal with it is to devalue the ruble
very simply, as long as the depreciation rate is roughly the same as the oil price, it means that the ruble income from Russian crude oil sales is almost the same in dollar terms. From the perspective of maintaining fiscal balance, it is acceptable for Russia to let the ruble fall by 20% with oil
but if the ruble continues to fall sharply, Russia will quit, and it will cause massive inflation and capital outflow at home. The devaluation of ruble is a double-edged sword
so, this is why on Monday, the ruble went all the way from 57 to 68 and evaporated 20% in one day. Russia could not sit still. The central bank directly raised the interest rate by 650 basis points in a one-time emergency, which shocked the world
this is a helpless move. Russia is not stupid either. It also knows that when a central bank keeps raising interest rates to defend its currency, it often gives people the impression of despair, especially when there is an emergency interest rate increase in the middle of the night. This is the only way to do it......
the way to deal with it is to devalue the ruble
very simply, as long as the depreciation rate is roughly the same as the oil price, it means that the ruble income from Russian crude oil sales is almost the same in dollar terms. From the perspective of maintaining fiscal balance, it is acceptable for Russia to let the ruble fall by 20% with oil
but if the ruble continues to fall sharply, Russia will quit, and it will cause massive inflation and capital outflow at home. The devaluation of ruble is a double-edged sword
so, this is why on Monday, the ruble went all the way from 57 to 68 and evaporated 20% in one day. Russia could not sit still. The central bank directly raised the interest rate by 650 basis points in a one-time emergency, which shocked the world
this is a helpless move. Russia is not stupid either. It also knows that when a central bank keeps raising interest rates to defend its currency, it often gives people the impression of despair, especially when there is an emergency interest rate increase in the middle of the night. This is the only way to do it......
6. According to Fisher's formula MV = Pt, this formula can also be expressed as P = MV / T. Where m is the average amount of money in circulation in a certain period; V is the average turnover times of unit currency in a certain period, that is, the velocity of currency circulation; P is the weighted average of the prices of goods and services; T is the number of transactions of goods and services< On July 26, representatives of EU Member States reached a preliminary agreement on economic sanctions against Russia. The key measures of EU economic sanctions include: closing the EU's capital market to Russian state-owned banks, banning arms sales to Russia, and restricting the supply of energy and al-use technologies to Russia. But the sanctions will not affect Russia's current supply of oil, gas and other commodities
these sanctions have caused inflation and rising prices in Russia. If the currency in circulation increases, the ruble will be worthless< In fact, unlike many emerging market countries, the Central Bank of Russia has never shown its support for the ruble. In fact, more Russians are willing to see their currency devalued, because they can earn more rubles from their energy exports (mainly for EU countries).
these sanctions have caused inflation and rising prices in Russia. If the currency in circulation increases, the ruble will be worthless< In fact, unlike many emerging market countries, the Central Bank of Russia has never shown its support for the ruble. In fact, more Russians are willing to see their currency devalued, because they can earn more rubles from their energy exports (mainly for EU countries).
7. How far is Putin's government from bankruptcy
ruble falls again
this is the first greeting for the Russians to meet each other.
anxiety is brewing among the Russians.... Russian prices are rising... People have begun to panic
the lifeline of ruble lies in two points: 1) oil price; 2) The situation in Ukraine
about the oil price
the Americans have prepared enough ammunition to suppress the oil price,
the public relations level: announcing the breakthrough progress of shale gas and the significant progress of nuclear fusion power generation
the operation level: disrupting the situation in Ukraine, lowering the oil price expectation with major rating agencies, increasing the interest rate of US dollar Joining hands with the EU to sanction Russia and win over Saudi Arabia and other oil exporting countries to collectively suppress oil prices, Saudi Arabia openly said: our oil development cost is low, I have money and can afford it
with regard to the situation in Ukraine, Putin can not easily let go, because this is Putin's explanation to the domestic people. Crimea is a strategic place for Russia. Without Crimea, Russia's South will be occupied
then, how long can Putin support? The latest data shows that Russia's total international reserves on November 7 were 421 billion US dollars
that sounds reassuring, but Russia's foreign exchange reserves were $524 billion as at October 31, 2013. As a result, Russia has lost $103 billion in foreign exchange reserves in one year
in addition, there are four important components that should be dected from Russia's total foreign exchange
first of all, Russia has a lot of gold with a value of US $45 billion
Second, it has $12 billion in IMF special drawing rights. None of this is cash, so it should be dected. As a result, Russia's foreign exchange reserve has dropped to 364 billion US dollars, which is still sufficient
unlike many other countries, Russia regards sovereign wealth funds as part of the reserve of the Russian Central Bank
for example, NWF is dedicated to supporting Russia's pension system and cannot be used as foreign exchange reserve. After decting NWF's funds, the size of Russia's central bank's foreign reserves fell to $282 billion. The reserve fund, which is $90 billion, is used to support federal budget spending. After subtracting $90 billion, Russia's foreign reserves are $192 billion
why is this number dangerously low? Foreign exchange reserves need to be measured in terms of current account size and foreign financial commitments
the minimum standard for going out is the total amount of imports in three months. In 2013, Russia's imports reached 341 billion US dollars, which means that Russia will need 85 billion US dollars of foreign exchange reserves. Russia easily met that standard
the foreign exchange liabilities of Russian enterprises are about 150 billion US dollars a year. Given the financial sanctions imposed by the United States and the European Union, Russian enterprises will hardly have any obvious refinancing. The only consolation now is Russia's current account surplus, which is about $60 billion
if you look to the near future, the situation in Russia becomes worrisome. In a year's time, Russia's foreign exchange reserves could shrink by $90 billion (repaying $150 billion of foreign debt minus $60 billion of current account surplus)
if there is no special situation, by the end of 2015, Russia's foreign exchange reserves will only be 100 billion US dollars, which can only support four months of imports
all the above are based on the premise that Russia will not further deteriorate. If the ruble continues to fall and capital flows out further, then the above figures need to be recalculated. Some analysts say that if the oil price does not rise and there is no assistance from external forces, Russia may be out of business as soon as the middle of next year
by then, anything will be possible...
ruble falls again
this is the first greeting for the Russians to meet each other.
anxiety is brewing among the Russians.... Russian prices are rising... People have begun to panic
the lifeline of ruble lies in two points: 1) oil price; 2) The situation in Ukraine
about the oil price
the Americans have prepared enough ammunition to suppress the oil price,
the public relations level: announcing the breakthrough progress of shale gas and the significant progress of nuclear fusion power generation
the operation level: disrupting the situation in Ukraine, lowering the oil price expectation with major rating agencies, increasing the interest rate of US dollar Joining hands with the EU to sanction Russia and win over Saudi Arabia and other oil exporting countries to collectively suppress oil prices, Saudi Arabia openly said: our oil development cost is low, I have money and can afford it
with regard to the situation in Ukraine, Putin can not easily let go, because this is Putin's explanation to the domestic people. Crimea is a strategic place for Russia. Without Crimea, Russia's South will be occupied
then, how long can Putin support? The latest data shows that Russia's total international reserves on November 7 were 421 billion US dollars
that sounds reassuring, but Russia's foreign exchange reserves were $524 billion as at October 31, 2013. As a result, Russia has lost $103 billion in foreign exchange reserves in one year
in addition, there are four important components that should be dected from Russia's total foreign exchange
first of all, Russia has a lot of gold with a value of US $45 billion
Second, it has $12 billion in IMF special drawing rights. None of this is cash, so it should be dected. As a result, Russia's foreign exchange reserve has dropped to 364 billion US dollars, which is still sufficient
unlike many other countries, Russia regards sovereign wealth funds as part of the reserve of the Russian Central Bank
for example, NWF is dedicated to supporting Russia's pension system and cannot be used as foreign exchange reserve. After decting NWF's funds, the size of Russia's central bank's foreign reserves fell to $282 billion. The reserve fund, which is $90 billion, is used to support federal budget spending. After subtracting $90 billion, Russia's foreign reserves are $192 billion
why is this number dangerously low? Foreign exchange reserves need to be measured in terms of current account size and foreign financial commitments
the minimum standard for going out is the total amount of imports in three months. In 2013, Russia's imports reached 341 billion US dollars, which means that Russia will need 85 billion US dollars of foreign exchange reserves. Russia easily met that standard
the foreign exchange liabilities of Russian enterprises are about 150 billion US dollars a year. Given the financial sanctions imposed by the United States and the European Union, Russian enterprises will hardly have any obvious refinancing. The only consolation now is Russia's current account surplus, which is about $60 billion
if you look to the near future, the situation in Russia becomes worrisome. In a year's time, Russia's foreign exchange reserves could shrink by $90 billion (repaying $150 billion of foreign debt minus $60 billion of current account surplus)
if there is no special situation, by the end of 2015, Russia's foreign exchange reserves will only be 100 billion US dollars, which can only support four months of imports
all the above are based on the premise that Russia will not further deteriorate. If the ruble continues to fall and capital flows out further, then the above figures need to be recalculated. Some analysts say that if the oil price does not rise and there is no assistance from external forces, Russia may be out of business as soon as the middle of next year
by then, anything will be possible...
8. 1. Previously, there were a lot of problems in Zhihu, saying that the depreciation of RMB may lead to the decline or even collapse of real estate prices because of various reasons such as the decline of RMB appreciation expectation and the outflow of hot money
2. In the recent crazy Japanese model and Russian model, in the dispute between maintaining the exchange rate and the housing price, it is said that if the housing price is maintained, the exchange rate can not be maintained, that is, if the exchange rate depreciates, the housing price can be maintained and will not collapse.
2. In the recent crazy Japanese model and Russian model, in the dispute between maintaining the exchange rate and the housing price, it is said that if the housing price is maintained, the exchange rate can not be maintained, that is, if the exchange rate depreciates, the housing price can be maintained and will not collapse.
9. Money itself can be regarded as a kind of voucher. The value of the owner of the voucher is the value of the voucher
and the owner of the voucher has no value, and the voucher will have no value and become a piece of waste paper
the reason why Russia was robbed by the US economy was that foreign capital fled before the Ukraine incident, and then the Ukraine incident was provoked Since the collapse of the Soviet Union, Russia has not been able to form a complete economic system because of its population. Due to the small market demand, it is difficult for some of its social instries to develop. In fact, Russia's construction lags behind us... As a result, the proportion of foreign investment in social instries is too large, and there is no way to plunder the United States
in the past, when we robbed Southeast Asia and Japan, we only used divestment.... But now against Russia, there are military and political auxiliary cards
then Russia lost its value, and the US dollar, as a common currency, was the first choice for hedging assets. Later, in order to avoid losses, capitalists converted their rubles into US dollars, and then the standard rubles, which were rare and expensive, became lower and lower. In fact, they got the money into their own hands in disguise.... This is the advantage of the common currency, only the United States can use this move, but now the RMB also appears this sign, so the United States regards it as a thorn in the eye
so when the outcome of the Ukraine incident is about to come, the rouble suddenly plummets, it's so sudden... It's not sudden
and the owner of the voucher has no value, and the voucher will have no value and become a piece of waste paper
the reason why Russia was robbed by the US economy was that foreign capital fled before the Ukraine incident, and then the Ukraine incident was provoked Since the collapse of the Soviet Union, Russia has not been able to form a complete economic system because of its population. Due to the small market demand, it is difficult for some of its social instries to develop. In fact, Russia's construction lags behind us... As a result, the proportion of foreign investment in social instries is too large, and there is no way to plunder the United States
in the past, when we robbed Southeast Asia and Japan, we only used divestment.... But now against Russia, there are military and political auxiliary cards
then Russia lost its value, and the US dollar, as a common currency, was the first choice for hedging assets. Later, in order to avoid losses, capitalists converted their rubles into US dollars, and then the standard rubles, which were rare and expensive, became lower and lower. In fact, they got the money into their own hands in disguise.... This is the advantage of the common currency, only the United States can use this move, but now the RMB also appears this sign, so the United States regards it as a thorn in the eye
so when the outcome of the Ukraine incident is about to come, the rouble suddenly plummets, it's so sudden... It's not sudden
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