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G20 identifies virtual digital currency as an asset

Publish: 2021-04-19 07:13:21
1.

Encrypted digital assets: encrypted digital currency is not issued by legal tender institutions and is not controlled by the central bank. It is based on the open source code of a group of equations calculated by computers all over the world. It is generated by a large number of operations of computer graphics card and CPU, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The design based on cryptography can make the cryptocurrency only be owned by real users

encrypted digital asset is also a kind of gold existing in the network world, which is a kind of encrypted digital currency based on the block chain technology and using the digital encryption principle. In a sense, it has the same circulation function as ordinary currency. Encrypted digital assets apply blockchain technology to the global financial field, which makes consumers all over the world make business investment through encrypted digital assets, and create a new business model of win-win between investors and users, which is a trend for development

virtual currency:

virtual currency (enterprise currency) is self issued by companies or private indivials. It can be issued indefinitely, and it does not need to be obtained by solving the equation through the CPU program of computer graphics card. Because it can be issued unlimited according to the market demand, it does not have the value of collection and appreciation. There is no ore pool website, no original code. Price can be manipulated, mostly one-way relationship

2. About digital currency, say some of their own views, you listen to, feel unreasonable just laugh
money, as a measure of transaction value, does not necessarily have value in itself, it can only be used as an intermediate unit of measurement. It's just like China has only RMB as legal tender, that is to say, government guarantee has value. For example, in those war-torn areas, ten jin currency may not buy an egg, which is the reason
back to digital currency, digital currency, until now, no country has recognized it as the currency in circulation of its own country. It seems that last year or the year before last, our country also banned some. In this case, digital currency can only be sold at a price higher than your purchase price, so that you can make money. But digital currency itself does not have any value. Unlike stocks, it is your ownership of listed companies. So if you can't find someone to buy digital currency, it's worthless
the Ponzi scheme in history, the Dutch tulip, when it was the most expensive, a tulip was worth buying a house. When no one bought it, all the tulips rotted. In addition, they couldn't get a potato. Therefore, Buffett said that digital money is a bubble, which is a hoax.
in addition, there is a saying in the stock market that when all the ladies in the vegetable market begin to discuss the stock market, it is the time when the stock market reaches its peak. In my opinion, this also applies to digital currency. When many people are discussing how to make money and how to make a lot of money, the risk has accumulated to a great extent. Most of the time, when the stock begins to fall, many people are still in the previous inertial thinking, thinking that it will rebound soon, and then it will get lower and lower, and they are more reluctant to sell it. This is why many people hold a high position on it
I'm not sure if it's the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no value as currency circulation and can only be sold to others. I think it's a fraud.
3. Digital currency is in its own name and account, which is its own assets. The digital currency issued by the state is endorsed and guaranteed by the national credit, unlike bitcoin.
4. In the same way, digital asset is just a new term. For example, the slogan of investcapital, which used to build a one-stop investment service platform for digital currency, is now a one-stop investment service platform for digital assets, but all of them have the same meaning.
5.

Digital assets and digital currency are not the same thing

Digital assets refer to the non monetary assets owned or controlled by enterprises or indivials in the form of electronic data and held in daily activities for sale or in the process of proction. The emergence of digital assets benefits from office automation, digital assets rely on the development of electronic payment system, its prospects are predictable

2. Digital currency

digital currency refers to the digitization of currency. Digitization doesn't mean scanning. This is just like digital signature. Digital signature does not mean scanning your signature into a digital image, or using the touchpad to obtain the signature, let alone your signature

digital currency is often mistaken for virtual currency. But virtual currency refers to non real currency. For example, when you play "Three Kingdoms" (game) or "grand Voyage", you have money, and that money is virtual. Of course, the virtual money will also have its real value

for example, if you buy her / his account from another player, you can get all the virtual assets of that player, and then it will be much easier for you to continue playing. Virtual money is not necessarily digital. For example, children play games with pebbles as virtual currency

extended data

characteristics of digital assets:

1. High price. Because these application software with special purpose is specially developed for a specific work, its cost is relatively high, and its price is not lower than the price of fixed assets of factory buildings

(2) strong attachment. Application software must be supported by computer hardware and system software in order to play its role

3. Strong interaction. Even the simplest application software also has some interactive functions, such as the error prompt to the operator, which is the most basic advantage of IT instry procts

The quantity is infinite. Digital assets as assets are scarce (because not all enterprises or indivials can create digital assets), but its supply can be unlimited. However, tangible assets are always limited e to the limitation of property and storage space

Cost decreasing. The proction cost of tangible assets is positively proportional to the proction quantity

References:

Network: digital assets

Network: digital currency



6.

At the G20 meeting, different countries held different views on digital currency, some strongly resisted it, and some actively supervised it. Now let's take a look at the attitudes of the G20 countries towards digital currency

In a statement, the Canadian Securities Regulatory Agency (CSA) said that considering the whole process of ICO issuance, many ICO tokens meet the definition of securities and require them to comply with the securities law. In addition, the CSA noted that ICOS may also be derivatives, subject to derivatives laws passed by Canadian securities regulators, including trade reporting rules. Regulators said they welcome companies that are about to conct ICO to enter the "regulatory sandbox" to test new financial procts in a limited environment

India

the securities and Exchange Commission of India is planning guidelines for the regulation of the bitcoin market in India. In addition, the securities and Exchange Commission of India set up a financial regulatory commission and held meetings with Reserve Bank of India (RBI) officials. The SEC also plans to regulate whether bitcoin derivatives and other cryptocurrencies are used to raise funds illegally

7. Was it issued on the occasion of the National People's Congress revising digital currency yesterday, May 3? How can a country be illegal?
8. Hu Xuan dance and rainbow clothes dance
9. From the function of bookkeeping, the team of bankable app is very attentive, which is very consistent with the process of digital currency trading
1. A variety of transaction scenarios: currency transaction, legal currency transaction, full withdrawal currency:

currency transaction: mutual exchange between digital currencies. For example, if I buy an EOS with usdt in JYS and directly record a usdt purchase EOS in the currency app, the number of EOS will increase and the corresponding usdt number will decrease in my account book. This function is quite practical
legal currency transaction: record the situation that I directly buy and sell with legal currency, and at the same time, I can see the flow of my legal currency, so that I can know my legal currency investment more clearly
withdrawal process: record the withdrawal process between my different exchanges or wallets
2. Add the digital currency that is not online, so that I can record the currency that I participate in private placement
3. The currency app can automatically calculate: profit and loss of holding currency and total profit and loss of selling currency

(1) the cost and floating income of my existing digital currency make me more clear about the income of my existing currency assets
(2) the bagged income of the sold digital currency
(3) and the total income of the digital currencies I currently hold and have sold
the above three kinds of income can be viewed separately, so that I can make better trading decisions
4. At the same time, the function of [View asset classification] is also good:
(1) you can view the trading income of the currency according to the currency
(2) you can view the asset income according to the storage location (wallet and exchange)
(3) you can search the transaction flow according to the time, asset storage location and currency, Quick search for some of my deals.
10. The profit and loss of virtual currency are all users' money. If a virtual currency wants to make money, it must make the plate bigger and the price higher. Virtual currency is similar to the stock market in that it earns the price difference by buying high and selling low

however, the digital currency of Puyin is a standard digital currency, which is supported by related entity assets, and the appreciation of tea assets will also benefit users.
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