Can virtual currency do it now

1.

It's illegal

First, digital currency ICO is illegal in China.

in September 2017, the people's Bank of China issued an announcement on preventing the financing risk of token issuance, which formally determined that ICO is illegal financing without approval, and no organization or indivial is allowed to participate

later, it was announced on April 23, 2018 that the left and right digital currency ICO platforms had all withdrawn from the Chinese market, so the current ICO is illegal in China

Second, digital currency exchange is prohibited in China.

after announcing that ICO is an illegal financing activity, the central bank also listed services such as trading, exchange, pricing and information intermediary for virtual currency as prohibited items, which means that digital currency exchange is illegal in China

all trading platforms, including bitcoin China, okcion and fire coin, announced in 2018 that they would stop the RMB recharge business and graally shut down their trading platforms. As of April 2018, all digital currency exchanges had completely withdrawn from the Chinese market

< H2 > extended information

digital currency generally has a special digital currency exchange. We can buy the digital currency we need in our digital currency exchange

we can buy from our friends in addition to the exchange. If a friend has something, you can discuss and ask if he can sell it to you

we can buy our digital currency from traders nearby if we need more

we accept payment by digital currency payment service. If we open a physical store, we can support payment by digital currency, so we can also get our digital currency

finally, we can get digital currency by mining, and we can get digital currency by equipping mining machine to work mining, such as investing more hardware

digital currency trading: it can be traded only after RMB or digital currency is recharged in a third-party digital currency exchange

purchase of digital currency: no matter how many coins you buy, there is no limit. For example, if bitcoin is 100000 yuan, you can buy 0.0001, and there is no limit on how many coins you can buy or sell

digital currency trading time: 365 days a year, 24 hours a day, can be traded

2. As a typical representative of virtual currency, bitcoin's fall has directly or indirectly affected related instries. The news of players' wealth shrinking and mining machinery selling by Jin emerge one after another. As investors become cautious about virtual currency investment, the market is in a downturn. Facing the sluggish market, players can not see the hope of investment, so it is inevitable that virtual currency has no future. However, there are also players in low-key bottom hunting, that bitcoin led virtual currency, has great investment value< br />
The essential value of any kind of currency is that it can be used as the value scale to measure other things and has stability. The virtual currency here is not game currency, but a digital cryptocurrency like bitcoin. The bottom layer uses blockchain technology, which has the characteristics of decentralization, information tampering and anonymity. At present, cryptocurrency headed by bitcoin can not bear the property of currency. It is not fair to conclude that there is no value

a consensus has been reached in the currency circle by default, that is, bitcoin is similar to diamonds in the real world. The value of diamonds is given by businessmen, and it has been agreed that diamonds can symbolize love and have practical properties. Mining diamonds and gold also need to consume a lot of costs, but it is because a lot of costs are consumed that the constant intrinsic value of diamonds and gold can be ensured. The resources that can be obtained casually are prone to inflation< br />
The fall in 2018 makes investors return to rationality, which is actually concive to the standardized development of the currency circle. Now, regardless of the practical value of digital currency, this capital harvest makes investors further understand the importance of risk management. Money circle and Internet Finance allow investors to see that they are profitable, so they don't have to think about investing in it. It is ultimately their own loss. Whether this bear market can make investors understand the essence of money circle is still unknown. However, the future development of the coin circle still needs government regulation, as well as the regular operation of platforms and projects. Of course, only with the support of capital can the coin circle develop healthily and systematically. Therefore, capital outflow is the biggest reason for bitcoin's sharp decline.

3. For example, bitcoin
the people's Bank of China issued the notice on preventing bitcoin risks on the afternoon of December 5, in which the people's Bank of China said that bitcoin is not a currency, but a virtual commodity. In addition, financial institutions and Payment institutions are not allowed to carry out business related to bitcoin
in order to avoid over hype of virtual commodities such as bitcoin in the name of "virtual currency" and damage the public interest and the legal tender status of RMB, the notice requires financial institutions and Payment institutions to correctly use the concept of currency in their daily work, pay attention to strengthening the ecation of public currency knowledge, and correctly understand currency, treat virtual commodities and virtual currency, and promote the development of virtual currency The concept of rational investment, reasonable control of investment risk, and maintaining the safety of their own property are included in the content of financial knowledge popularization activities, so as to guide the public to establish a correct monetary concept and investment concept
virtual commodities are willing to fight each other, and it is not legal to say that they are happy with each other
game equipment is different. If you want to buy it, it's worth it.

4. It's possible to dig, and no one can stop it. However, virtual currencies such as bitby have been declared illegal by the state, and prices have plummeted. As a result, fewer and fewer people are mining, and even drag down the sales performance and economic benefits of enterprises manufacturing graphics cards. It's a bit too late for you to get involved now, The chance to make a fortune is over. It's better to choose another project.

5. Let me tell you a few points briefly
the subject of the project (private, ordinary company, or foundation)
White Paper Writing (what level and direction will naturally position yourself)
legal opinions (white paper compliance, non securitization certification, private placement, public offering related compliance provisions, etc.)
what packaging? How to publicize? What platforms are there? Channel? Media
what exchange (also divided into 369 and so on)
these are all symbols of the strength of the project!

6. Now all exchanges can trade. Recently I saw an exchange called idax established in Mongolia. It looks very good.

7. Of course, you can develop a new coin and build your own platform to let others play. If you play more people, you will earn more. The currency will appreciate

8. Bitcoin is a typical representative of decentralized virtual currency, which creates the blockchain technology and has the characteristics of decentralization, limited total amount, transaction security and information disclosure. Bitcoin came into being in the financial crisis in 2008 because of the worry about central banks and distrust of inflationary currencies. In October 2009, the first announced bitcoin exchange rate was 1309.03 bitcoins for us $1. The calculation method is the power consumption required to generate a bitcoin. With the influx of speculative funds, deregulation, countries have identified as digital currency and means of payment, bitcoin once rose to US $19187.78 per unit in 2017. Since it came out nine years ago, it has gone up and down sharply, forming a variety of bifurcated coins and Shanzhai coins
speculative demand is the internal reason leading the soaring price of bitcoin, including disguised exchange, ICO financing and other trading activities. Compared with developed countries such as the US, the relatively loose regulation of special currencies is an important external factor for the continued expansion of asset bubbles in bitcoin. By comparing the four characteristics of real currency, it is found that bitcoin is not as good as gold and other real currencies in terms of universal acceptance and value stability, but it can meet the requirements of uniform divisibility of value, and has incomparable advantages in portability and portability. The biggest obstacle for bitcoin to replace credit currency is decentralization. Bitcoin without credit base can not perform the function of currency well. Using bitcoin technology for reference, the primary starting point of the research and development of central bank digital currency is to supplement and replace the traditional physical currency
while recognizing the technological innovation of bitcoin, we should pay attention to the risks caused by its own operation mechanism. For new things, we should observe and learn from them, and guard against risks. In order to ensure the capital security of Chinese investors and maintain the stability of the financial market, the government's supervision on the trading activities of bitcoin is graally stricter, and it is expected that the development of private cryptocurrency will be limited. At the same time, the research and development of digital currency by the Central Bank of China is in the forefront of the world. Bitcoin and other virtual currencies have been incorporated into their own regulatory systems. While recognizing the risks of virtual currencies, we can not deny the innovation and development potential of blockchain technology. The research and development of the central bank's digital currency conforms to the development needs of the times, takes the national credit as the guarantee, adheres to the principle of centralized management, and maintains the national monetary sovereignty while providing efficient services.

9. No, but don't do anything illegal
the notice clarifies the nature of bitcoin, and holds that bitcoin is not issued by the monetary authority, has no monetary attributes such as legal compensation and compulsion, and is not a real currency. In terms of nature, bitcoin is a specific virtual commodity, which does not have the same legal status as currency and cannot and should not be used as currency in the market. However, bitcoin trading as a commodity trading behavior on the Internet, ordinary people have the freedom to participate at their own risk

the notice requires that at this stage, all financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, and provide other bitcoin related services to customers directly or indirectly, Including: providing bitcoin registration, trading, clearing, settlement and other services for customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc

according to the notice, the bitcoin Internet website, as the main trading platform of bitcoin, shall be filed with the telecommunications administration according to the provisions of the Telecommunications Regulations of the people's Republic of China and the measures for the administration of Internet information services. At the same time, in view of bitcoin's high risk of money laundering and being used by criminals, the notice requires relevant institutions to perform the legal anti money laundering obligations such as customer identification and suspicious transaction report in accordance with the anti money laundering law of the people's Republic of China, so as to effectively prevent the money laundering risks related to bitcoin

in order to avoid excessive speculation of virtual commodities such as bitcoin in the name of "virtual currency" and damage the public interest and the legal tender status of RMB, the circular requires financial institutions and Payment institutions to correctly use the concept of currency in their daily work, pay attention to strengthening the ecation of the public's knowledge of currency, and correctly understand the concept of currency The concept of correctly treating virtual commodity and virtual currency, rational investment, reasonable control of investment risk, and maintenance of their own property security should be included in the content of financial knowledge popularization activities, so as to guide the public to establish a correct concept of currency and investment

in the future, the people's Bank of China will continue to pay close attention to the trend and related risks of bitcoin based on its own responsibilities (end)

10. Hello! Now many fake
counterfeit
coins are banned
stop flow
pass,
if you don't know much about this piece, you can
consult Miss Cai Lin, who is very good at this piece. I hope it will help you. I wish you all the best!