Currency virtualization and its reasons

1. Currency virtualization refers to the graal separation of money from precious metals in the development and transformation into credit money. Credit money develops from paper money to bank account and credit card, and money is transformed into a pure value symbol. That is to say, money graally breaks away from its value entity (as the result of abstract labor) and value carrier (such as precious metals, bank notes) and becomes a pure value symbol

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2. Currency virtualization refers to the graal separation of money from precious metals in the development and transformation into credit money. Credit money develops from paper money to bank account and credit card, and money is transformed into a pure value symbol. That is to say, money graally breaks away from its value entity (as the result of abstract labor) and value carrier (such as precious metals, bank notes) and becomes a pure value symbol.

3. The future of money is hard to predict, but virtualization and digitization are a big trend. Digital portable, energy saving, environmental protection, fast payment and other advantages are more and more respected and welcomed by people. The rapid development of Alipay in China is the best example. Of course, the emergence of bitcoin has overturned people's understanding and definition of traditional currency. Bitcoin can solve some problems and shortcomings of legal currency. For example, people are dissatisfied with the devaluation caused by excessive currency issuance, the differentiated services in the traditional financial field, and people's need for privacy. Of course, bitcoin also needs to be acquired, and the cost is high. For example, bitcoin mining needs professional ASIC mining machines. These professional ASIC mining machines are expensive, but people still tend to be like cranes, indicating that bitcoin mining is still profitable. For example, the current price of the famous Avalon III 800g miner is 4.17 bitcoins, about 13000.

4. Of course, the central bank will also issue virtual currency. At present, it is suggested to do international work. For example: DGC.. Differentiable

5. The ultimate goal of population consumption is to waste everything. "Asset virtualization" is the ultimate bubble. Friedman, the most important economist after Keynes, once understood the formula of income capitalization from a macro perspective when he expressed the relationship between economic flow and stock. The so-called income capitalization formula means that the value of capital stock is equal to income except interest rate. This is actually an "economic virtualization relationship" that can virtualize any income stream into a large number of financial assets. Asset virtualization is mentioned in the book currency war and RMB strategy, which you can check for yourself.

6. The digitization of money is a development trend in the future, which is credible. The digital currency that the central bank plans to issue has been successfully developed and will be released in the near future. It will first be applied to the bill market and will graally expand outward in the future

of course, it's not just currency digitization, most things are likely to be digitized in the future. Now, large tea groups in China have entered the digital currency circle, issuing the digital currency of Puyin with tea related assets as the subject matter. This digital currency is a standard digital currency. Theoretically, it has the value of appreciation, because the precious tea will appreciate.

7. Economic globalization is a system of international economic relations, which refers to the increasing scale and form of cross-border flow of goods, services, factors of proction and information. Through international division of labor, the efficiency of resource allocation in the world market is improved, so as to deepen the economic interdependence among countries. It includes the globalization of proction, market, capital, development and application of science and technology, and information<

features and contents:
the first point is that economic globalization is centered on finance in the 21st century. We have seen that financial integration and world economic globalization are developing in an interactive way, and their development trends are consistent
the characteristics of world financial integration can be summarized into five aspects
first, the degree of currency virtualization has increased. Money has been virtualized to a certain extent since it broke away from the gold standard and the gold exchange standard. The gold standard started from England in 1820 and was graally implemented in various countries, that is, the currency was linked to gold. After the first World War, the gold standard system has become unsustainable. After the end of the Second World War, it has become the gold exchange standard system, that is, the US dollar is linked to gold, and other countries' reserve of US dollars is equivalent to their reserve of gold. At that time, the United States promised to exchange 35 US dollars for an ounce of gold, thus confirming the dominance of the US dollar in the world. After the 1971 oil crisis, the United States could not guarantee this commitment, so Nixon announced the decoupling of the dollar and gold. After that, money became the "legal money" supported by government credit, and its purchasing power could only be used as a measure. Therefore, to a certain extent, the establishment of exchange rate among countries has become a policy tool and a tool for economic game between countries
Second, the exchange rate between currencies will fluctuate greatly e to the change of their purchasing power. But the change of exchange rate only affects the international purchasing power of currency, and has little influence on its domestic purchasing power
thirdly, the scale of transnational capital flow is increasing rapidly, and the flow speed is getting faster and faster. After entering the 21st century, although there are 9 million people in the world; Under the impact of the November 11 incident, the world capital flow is still growing at an annual rate of about 20%, with a growth rate of 27% in 2004
fourthly, the scale of financial instruments (virtual capital) transactions is expanding rapidly, and the virtual economy is expanding constantly. As I said at the financial derivatives conference a few days ago, according to the data of the bank for International Settlements in 2005, the world's financial derivatives have developed rapidly in recent years. By the end of 2005, the total notional amount outstanding in circulation reached US $343 trillion, more than seven times the GDP of the same period
fifthly, the degree of integration of the world's financial markets has been continuously improved, reaching the point of "pulling one hair and moving the whole body"<

economic globalization is based on knowledge. Due to the lack of independent innovation and the lack of intellectual property rights, China's technology dependence on foreign countries has reached 50%. Knowledge includes patents and know-how, as well as standards and brands. The value of these things is unmatched by real objects. For example, the standard, who has the standard, can be said to occupy the commanding height of technology. China's mobile phones, including the first generation of analog mobile phones, the second generation of GSM mobile phones, and the 2.5 generation of CDMA mobile phones, all adopt foreign standards, which means that China spends a lot of money on buying standards. Now the third generation mobile communication (3G) era is coming. We should strive for our own standard, which is TD-SCDMA. Now it's competing with WCDMA and CDMA2000. Brand has a great influence on the added value of procts. Shengzhou, Zhejiang is the tie capital of the world. The neckties proced in Shengzhou occupy a large share at home and abroad. The price of high-grade neckties pasted with domestic brands is 288-588 yuan, while that pasted with foreign general brands is 588-888 yuan, and that pasted with top famous brands is 888-1288 yuan. Such a huge price gap is caused by the long-term formation of brand goodwill
therefore, in the 21st century, Chinese enterprises should pay special attention to their own innovation, especially to the mastery of standards, brands and technologies. Without these, it is impossible to obtain competitive advantages. According to Friedman's book, the United States outsources a lot of jobs to India, including low-end jobs such as answering customer service calls, which are also very popular in India. I think there are two kinds of countries in the world, one is brain country, the other is trunk country. The brain proces knowledge and exports knowledge; The main task is to accept and apply knowledge< On the other hand, China should also develop its own multinational companies and implement the strategy of "going out"
of course, "going out" is not easy. To invest abroad, you need to be familiar with local laws, culture and history, and also need to establish a local network, which requires a lot of long-term work. At present, Chinese enterprises often go abroad, the first step is to find agents, the second step is to set up sales offices, and the third step is to set up factories there for proction, but there are few companies that really realize transnational operation. The so-called realization of transnational operation of multinational companies is to formulate strategies from a global perspective, to consider the profit model and business model from a global perspective. There are still few such Chinese enterprises, and there is no multinational company as big as GE< This shows that it is very important to cultivate Chinese multinational companies. Now some listed companies in our country are keen to merge and acquire foreign enterprises after they have money, which is of course a model for the development of multinational companies, but they should pay special attention to the differences of market and culture when they merge and acquire. Recently, there are some examples of failure, such as: BenQ and Siemens broke up; TCL has acquired the color TV business of French enterprises. The terms of merger and acquisition seem to be very favorable. It is zero merger and acquisition, but then comes a hot potato. If it does not operate well, it will lose money. Now TCL has announced to withdraw from the European color TV business. This problem is worthy of our attention.

8.

1、 Virtualization means that a computer is virtualized into multiple logical computers by virtualization technology. In a computer running multiple logic computers at the same time, each logic computer can run different operating systems, and applications can run in independent space without affecting each other, so as to significantly improve the efficiency of the computer

Second, the reasons for Virtualization:

1. Improve the utilization of existing resources: aggregate the shared infrastructure resources into the pool by integrating servers, breaking the original "one server, one application" mode

2. Rece the cost of the data center by recing the physical infrastructure and increasing the server / administrator ratio: because there are fewer servers and related IT hardware, the floor space is reced, and the power and cooling requirements are also reced. With better management tools, the server / administrator ratio can be increased, so the personnel requirements can be reced

3. Improve the availability of hardware and applications to improve business continuity: it can safely back up and migrate the entire virtual environment without service interruption. Eliminate planned downtime and recover immediately from unplanned failures

4. Operational flexibility: e to dynamic resource management, accelerated server deployment and improved desktop and application deployment, it can respond to market changes

5. Improve the manageability and security of the desktop: it can deploy, manage and monitor the secure desktop environment on almost all standard desktop computers, laptops or tablet PCs, and users can access this environment locally or remotely whether they can connect to the network or not

9. The main reason is that it is now developing towards science and technology, so the development of virtualization is better