Internet Finance and virtual currency

1. The world's first digital currency was invented and issued by David Chaum, known as the father of digital currency. As a mathematician, cryptographer and computer expert, he began to study how to make digital currency in the late 1970s. Digital currency is a kind of currency existing in the form of electronic number, which is an electronic flow of information transmitted on the network through the circuit composed of 0 and 1. Compared with the traditional real currency, i.e. paper money and coins, digital currency has obvious advantages: traditional currency has greater storage risk, expensive transportation costs, and requires a lot of investment in security and anti-counterfeiting. Digital currency is different from e-currency such as credit card and e-check. It has higher level and higher technology content. It can be used without connecting to the bank network and is very convenient for customers. By the end of 1995, as more and more users of the digital currency invented by JOM, it was accepted by a bank called Mark Twain, enabling it to convert to the real deposits in the user's account
network virtual currency can be roughly divided into
the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.

2.

China's online virtual currency category:

1. game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency

2. the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services

3. virtual currency on the Internet, such as bitcoin (BTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency

3. It's not a concept. Virtual money includes electronic money
1. Network virtual currency can be roughly divided into two categories:
the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and uses these virtual game data to buy Herbs and equipment, or in some special games as a scoring unit to increase the fun of the game, which is an embodiment of the player level. But it can only be used in your own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community and the realization of game networking, there has been a "financial market" for virtual currency, where players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third category refers to bitcoin, Ruitai coin, Laite coin, Weimeng coin and other digital cryptocurrencies
2. Electronic money refers to the exchange of a certain amount of cash or deposit from the issuer and the acquisition of 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.

4. ”Wallace virtual currency to create the fourth generation of encrypted digital applied virtual currency "this sentence is very good, but it seems that this kind of counterfeit currency does not have any application. To put it bluntly, it's just a cover. Most of the virtual currencies that dare to guarantee that you can make money are MLM currencies. Even when bitcoin is the most popular, only a few people make money, and most people still lose money. This is the same as playing stocks, relying on luck and the overall trend

when it comes to applied cryptocurrency, I feel that the theory of currency business circle mentioned by Mr. Shaqian is very good, but the progress of shaqiantong project is slow. At the same time, Fuyuan coin was at the forefront of the times. Fuyuan coin is a member of the global jewelry instry association, which is proced by operation and circulation. The purchase of jewelry procts of member enterprises can obtain a certain amount of Fuyuan coin (similar to business points). Users can use Fuyuan coin to buy and sell freely on the trading platform, or they can shop in cooperative businesses, which is similar to a closed-loop business system

personal views, for reference only, not as investment advice!

5. It's true. It's about bitcoin and the Internet of things. This is covered by the mainstream news media

bitcoin is an innovation of Internet finance, and the blockchain technology of bitcoin is potentially disruptive to all traditional instries
bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system

a block is a record in the block chain, which contains and confirms the transactions to be processed. On average, a new block containing transactions is added to the block chain by mining every 10 minutes.

6. Internet finance has become very hot at this time point. Although there must be bubbles, there is a necessity behind it. The Internet and the mobile Internet are driving into the trading era as a whole, driven by e-commerce.
following such a development idea, combined with the experience of some of the first developed Silicon Valley and the comprehensive judgment of China's national conditions, we have invested in many related companies in the fields of lending, credit, data, micro payment, etc. these investments are in different stages and amount, and many of them have not been disclosed.

7.

In recent years, the so-called "virtual currency" such as bitcoin, Leyte coin and all kinds of tokens have been centralized trading on some Internet platforms, and the number of stakeholders has graally expanded. The potential financial and social risks can not be ignored. In order to help the public correctly understand the so-called "virtual currency" such as bitcoin, understand the investment risks and protect their own rights and interests, we hereby give the following tips on the relevant risks:

China Internet Finance Association calls on all member units to fulfill the commitment of the instry self-discipline convention and strictly abide by the national laws and regulations, Do not participate in any centralized transactions related to the so-called "virtual currency" or provide services for such transactions, and actively resist any illegal financial activities

8. Connecting with the wallet on the first floor is equivalent to calling LTC to him. It's really bad. It's a cheat for novices
please accept if you are satisfied

9. Bitcoin is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals

Internet finance is an emerging field combining traditional financial instry with Internet spirit. Internet & quot; Openness, equality, cooperation and sharing & quot; The spirit of Internet has penetrated into the traditional financial formats, which has a fundamental impact on the human financial model. The financial formats with Internet spirit are collectively referred to as Internet finance. The difference between Internet Finance and traditional finance lies not only in the different media used in financial business, but also in the fact that financial participants have a deep understanding of the essence of "openness, equality, cooperation and sharing" of the Internet. Through the Internet, mobile Internet and other tools, traditional financial business has stronger transparency, higher participation, better cooperation, lower intermediate cost, higher efficiency, and higher efficiency More convenient operation and other features< br />

10. Now the biggest risk of virtual currency is the policy risk and security risk of each country

policy factors have a great influence, especially big countries such as China and the United States, which basically determine the future development trend of virtual currencies such as bitcoin. The most convincing event was that the United States maintained a friendly attitude towards bitcoin at the 2013 hearing, and then bitcoin price soared to 8000 yuan; At the end of 2013, China's central bank and other five ministries and commissions issued bitcoin risk notice, which once made the price of bitcoin fall below 2000 yuan

the security factor is also an important factor restricting the rapid development of virtual currency. The domestic bitcoin trading platform biter and bitcoin piggy bank have been stolen, and some well-known foreign trading platforms and bitcoin Payment institutions have also been stolen. This also causes people to worry about the security of virtual currency.