Characteristics and functions of virtual currency

1. At the moment, there is a big difference. I feel that the most common point is that all of them can be used for payment. For example, Dell accepts bitcoin payment to buy computers. Or you can ask Babbitt, where there are more cattle.

2. Bock is a kind of virtual currency used in the game, but I see that you sum up this problem as personal financial management, so I'll tell you about the specific characteristics of virtual currency from the aspect of financial management. To give you an example, this kind of currency, you understand it as something similar to Q currency. You also need to use RMB to buy Q currency, and then use it to buy things in QQ mall. In the area of financial management, many online loan platforms also have their own virtual currency. Like q-coin, you can only use it to buy things in QQ, and different virtual coins can only buy a certain range of things. For example, in order to attract people to register, some platforms will give as much as they want for registration. In fact, the money given can only be used for the investment of this platform. It's not so easy for you to take the money. Hope to help you, hope to adopt~

3. blockchain technology is a decentralized consensus mechanism to maintain a complete, distributed and tamperable ledger database. It can enable the participants in the blockchain to achieve a unified ledger system without establishing a trust relationship
in the future, blockchain will be applied in any field and bring great impact on human life. Blockchain technology is regarded as one of the main protocols of the next generation of value Internet. Blockchain technology will be useful in any field of proction and life that lacks trust. From digital currency to securities and financial contracts, health care, games, artificial intelligence, intelligent contracts, Internet of things, identity authentication, asset trading, e-commerce, social communication, file storage and other fields can be widely used
in the aspect of medical treatment
when the blockchain technology is used to save the personal medical records, there will be the historical data of personal medical treatment, which can be understood as the electronic medical records on the blockchain. In the future, there will be data for medical treatment or health planning, and the real master of this data is the patient himself, not the hospital or a third-party organization. In addition, these data have strong privacy, and the use of blockchain technology also helps to protect the privacy of patients
payment system
compared with the existing traditional payment system, blockchain technology can avoid the complex system, directly between the two sides of the transaction, does not involve intermediary institutions, even if part of the network is paralyzed, it will not affect the operation of the whole system. This method has the characteristics of low price, fast speed, and no intermediate fees
banking
as a digital, secure and anti-interference account, blockchain realizes the core function of Banking: the safe storage and transfer center of value. Some banks with keen sense of smell in the world have begun to actively plan to join the army of blockchain research and application in order to gain the initiative in the fierce competition in the future
identity authentication of blockchain
blockchain has the feature of being accessible to everyone. Everyone can query the block information in any place with network. The high transparency also makes blockchain full of charm. In the future, ID card and account book are basically not needed, because every identity information can be written into the blockchain. When you need to verify the information, you only need to look it up to find it
election
based on the voting transaction on the blockchain, it can be confirmed that no vote has been modified or deleted, and there will be no improper voting
Real Estate
blockchain technology can change the operation mode of the real estate market. It can combine many complex processes and cases that real estate companies usually deal with, speed up the transaction process, rece fraud, and provide more transparent and secure transactions for each participant. Provides a way to achieve paperless and fast trading needs
securities issuance and trading
the probability of various kinds of errors in general stock and other securities trading is too high, which requires manual correction, thus prolonging the time required for transaction settlement. Through the transaction of distributed ledger, the automation of the whole process can be realized, and the security and efficiency can be improved. The identity and transaction volume of the trading party are recorded on the blockchain in real time, with an open, transparent and traceable system. It is concive to the market maintenance of securities issuers and regulatory authorities, and can rece the occurrence of black box operation and insider trading
in the scenario of relatively closed, multi-party trust problems and carrying value transmission, blockchain has unique technical advantages and also shows unique charm, which has great application imagination space. At the current stage, blockchain is worth exploring in some scenarios.

4. Yes
for example, the current electronic transfer is actually virtual currency
of course, paper money itself is a currency symbol, not a currency
the goods ratio is the general equivalent
nowadays, paper money or virtual currency are all transactions based on national credit or enterprise credit
in these economic activities, virtual currency acts as a measure of value and a means of circulation.

5.

Money has five major functions, which are as follows:

1. Value scale refers to the use of money as a social scale to measure the value of goods. The reason why money has the function of value scale is that money itself has value, Therefore, we can use our own value to measure the value of other commodities

2. Circulation means

refers to the function of money as the medium of exchange between different commodities, that is, the purchase means. The main feature of this function is that it can make the transfer of goods and money complete at the same time in commodity trading

Storage means refers to the function that money withdraws from circulation and is preserved as the general representative of social wealth. The function of storage means of money can spontaneously regulate the total amount of money in circulation

The function of means of payment was born with the emergence of commodity credit trading. In commodity credit trading, money can be used to pay the debts in the trading, and then it is developed to pay government rent, interest, tax, wages and so on

World currency refers to the function of currency acting as a general equivalent in the world market beyond the domestic circulation field. The functions of precious metals as world currency are as follows: as a general means of payment, they are used to pay the balance of international payments; as a general means of purchase, they are used to buy foreign goods, act as the absolute embodiment of wealth, and transfer from one country to another

6. This may be caused by a variety of reasons. First of all, as far as I know, Mt. GOx (commonly known as Mentougou), the world's largest bitcoin trading platform at that time, announced before February 10 that the withdrawal of bitcoin had been suspended e to technical problems, and planned to solve the technical problems and resume bitcoin on February 10. However, on February 10, bitcoin did not recover, and the problem of address forking of bitcoin wallet broke out, claiming that it was not only his own problem, but the same problem existed in the whole bitcoin system, which affected the price of bitcoin plummeting for the first time. The Mentougou incident cast a shadow on bitcoin and once plummeted below 2000

however, this has something to do with the wantonly one-sided reports of the media, which has caused excessive panic among bitcoin players and made selling bitcoin popular

the bitcoin mining machine instry is also deeply affected by this incident. At this stage, bitcoin miners are mining at a loss, and the mining machines in the market are also ignored. Take the mainstream Avalon chip in the market as an example. As the price of bitcoin continues to fall, the price of the third generation Avalon chip has been reced from 80 yuan to 14 yuan since it was released. However, with the recovery of bitcoin price, the sales of bitcoin mining machines are booming again.

7. Electronic money refers to the exchange of a certain amount of cash or deposit from the issuer and obtaining the data representing the same amount. By using some electronic methods, the data can be directly transferred to the payment object, so as to pay off the debt. Its characteristics are as follows:
(1) based on computer technology, it can store, pay and circulate
(2) it can be widely used in the fields of proction, exchange, distribution and consumption
(3) it integrates multiple functions such as financial savings, credit and non cash settlement
(4) e-money is easy to use, safe, fast and reliable
(5) at present, the use of e-money usually uses bank cards (magnetic cards, smart cards) as the media
currency function
e-money is a quasi currency that can be paid
whether e-money can be called currency depends on whether e-money can independently perform currency function. Electronic currency can play the role of payment and settlement, but it is only a quasi currency that may perform monetary functions. First of all, e-money lacks the price standard of money, so it can't measure and express the value and price of goods alone, and it can't have the means of value preservation. Instead, it can only rely on the function of value measurement and value storage of real money; Secondly, because electronic money is based on certain electronic devices - smart cards and computers, its circulation and use must have certain technical facilities and software support
therefore, the function of circulation means can not be really carried out; Finally, although the most basic function of e-money is to implement the means of payment, most of the existing e-money can not be used for direct payment between indivials. Moreover, when paying to a special merchant, the merchant has to collect the real money from the bank or credit card company that issued the e-money before the payment is recovered, E-money can not perform the function of payment means independently. It can be seen that the current electronic currency is a new currency form or payment method based on the existing currency.

8. Money in economics, in a narrow sense, is the standard goods used to exchange goods; Broadly speaking, it is used as a medium of exchange, a measure of value, a means of payment and a store of value. Specifically speaking, currency has the functions of exchange medium, value standard, deferred payment standard, value storage, world currency and so on< In the developed commodity economy, it has five functions: value scale, circulation means, storage means, payment means and world currency. Among them, the most basic function is the measure of value and means of circulation, which is also the standard answer in books
1. Price scale is a function used to measure and express the value of goods, and it is the most basic and important function of money. Just as the ruler that measures the length has its own length and the weight that weighs things has its own weight, the currency that measures the value of a commodity is also a commodity and has its own value; What has no value can not be used as a measure of value
2. Money acts as the medium of commodity exchange. In the process of commodity exchange, the seller converts the commodity into money, and then uses money to buy the commodity. Here, money plays the role of medium of exchange and performs the function of means of circulation. The function of currency as a measure of value is the premise of its function as a means of circulation, and the function of currency as a means of circulation is the further development of the function of value measure
3. Money withdraws from circulation and serves as an independent form of value and a general representative of social wealth. The reason why money can perform the function of storage means is that it is a general equivalent and can be used to buy all goods, so money storage is necessary
4. The function of money as an independent form of value in unilateral movement (such as debt repayment, tax payment, wage and rent payment, etc.)
5. Money performs the function of general equivalent in the world market. Due to the occurrence and development of international trade, money circulation goes beyond the scope of a country and plays a role in the world market, so money has the function of world currency. As a world currency, it must be gold and silver of sufficient value, and it must take off the regional coat of coinage and appear in the shape of gold and silver. Coinage and paper money, which used to play a role in various countries, have lost their role in the world market.