What does the anchor of virtual currency mean
virtual currency is the currency used for electronic circulation. Now the scope of virtual currency is very large, including q-coin, bitcoin and so on. With the development of digital currency, virtual currency is becoming more and more abundant, which may become the mainstream in the future. For example, BTC, EOS, bcbot and so on are not only virtual currencies, but also algorithms, landing projects and technologies
virtual currency is mainly issued by online game service providers to purchase game props, such as equipment, clothing, etc. But at present, the use of virtual currency has gone far beyond this category. Virtual currency can be used to buy game cards, physical objects and download services of some movies and software
extended data:
real risk
as the proct of e-commerce, virtual currency has begun to play an increasingly important role, and it is more and more connected with the real world. However, with the growth of virtual currency, the relevant laws and regulations are lagging behind, which has laid many hidden dangers
fraud
the private transaction of online virtual currency has realized the two-way circulation between virtual currency and RMB to a certain extent. The activity of these traders is to buy all kinds of virtual currencies and procts at a low price, and then sell them at a high price to earn profits. With the increase of such transactions, there are even virtual mints. In addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coin making" to obtain virtual currency by playing games and then resell it to other players
Taking Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred practitioners. This not only creates a bubble for the price of the virtual currency itself, but also causes trouble for the normal sale of the issuing company. It also provides a platform for selling and collecting money and money laundering for various cyber crimes. p>
impact system
in modern financial system, the issuers of money are generally central banks, which are responsible for the management and supervision of money operation. As the equivalent exchange goods used to replace the real currency circulation on the Internet, the virtual currency on the Internet is essentially the same as the real currency. The difference is that the issuers are no longer central banks, but Internet companies
if the development of virtual currency makes it form a unified market, each company can exchange with each other, or virtual currency is integrated and unified, and all of them are based on the same standard and price, then in a sense, virtual currency is currency, which is likely to form a threat impact on the traditional financial system or economic operation
reference: network virtual currency
compared with before, the "anchor" of the US dollar is gold, but if there is no international reserve currency determined by a single sovereign state, it means that there is no "anchor". For example, a package of currencies means that there must be a package of "anchors", which is very difficult
another example is Germany, where the German government does not set an exchange rate target and can implement an independent domestic monetary policy to stabilize the purchasing power of mark for real goods and services. In this way, other European countries can use mark as a nominal "anchor" to stabilize the price level, rather than an explicit "anchor", which is the natural core.
In fact, the international reserve currency should have an "anchor", which is a foundation. This is the currency anchor, which is a very vivid concept. Compared with before, the "anchor" of the US dollar is gold, but if there is no international reserve currency to be determined by a single sovereign state, it is tantamount to not finding the "anchor". For example, a package of currencies is tantamount to having a package of "anchors", which is very difficult
anchor free currency is a terrible tool to exploit the interests of the people. You can't make 10000 yuan. Just when you feel you have some money to spend, the banknote printing factory prints a lot of banknotes. Inflation, your 10000 yuan may only be equivalent to 6000 yuan a few years ago
the so-called moderate inflation to stimulate the economy also means that no anchor currency can happen. There are always people who are short of money to print money. Your money always shrinks according to a certain proportion. Generally speaking, it is normal for the value to shrink by 3-8% every year
but I'm afraid that's far more than that in the context of this economic crisis. Let's change it to anchor currency
no anchor currency refers to legal currency, that is, paper currency recognized by national legislation. This coin has no value in case of war. In the early days, paper money was actually a gold withdrawal order. With the inconvenience of gold, you could trade with the bank's gold withdrawal order.