Virtual currency with appreciation significance
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
The positive effects of RMB appreciation are as follows:
1, favorable for China's import
2, lower cost of raw material import dependent manufacturers
3, enhanced foreign investment capacity of domestic enterprises
4, increased profits of foreign-invested enterprises in China
5, favorable for talents to study and train abroad
6, reced debt service pressure
7 China's asset sale is more cost-effective, China's GDP international status is improved, national tax revenue is increased, Chinese people's international purchasing power is enhanced, and the negative impact of RMB appreciation is as follows:
1. RMB cannot be freely convertible under the capital account, that is to say, the mechanism determining the exchange rate is not the market, and change is meaningless
2 RMB appreciation will bring more pressure to China's deflation
3. RMB exchange rate appreciation will lead to the decline of foreign investment attraction and rece foreign direct investment in China
4. It will cause great harm to China's foreign trade exports
< P > 5. RMB exchange rate appreciation will rece the profit margin of Chinese enterprises and increase employment pressure6 The fiscal deficit will increase e to the appreciation of RMB exchange rate, and affect the stability of monetary policy at the same time.
the impact of RMB devaluation:
as far as RMB devaluation itself is concerned, it will cause the value of domestic assets to shrink and may have adverse effects on real estate. It is concive to economic transformation. The devaluation of RMB will increase exports and competitiveness, and help to ease the deflation expectation caused by insufficient domestic demand
in addition, the devaluation of RMB has greatly reced the Arbitrage Behavior of international speculative capital, i.e. hot money, and made it sell RMB and related assets and then sell them to US dollars and other assets, which has reced the domestic investment, reced the investment projects that needed a lot of money before, reced the places where money was used, reced the loans, increased the liquidity in the market, and reced the interest rate, The financing cost of the real economy will be reced. Reced investment can improve overcapacity, rece the increasing debt burden, and rece capital demand, which will help increase domestic liquidity
what is RMB appreciation? In the most popular words, the appreciation of RMB means that the purchasing power of RMB is enhanced, and the price is easy to inflate with its rise
that is to say, before the appreciation of RMB, you can exchange one dollar for 8 yuan, but now you can only exchange 6.12 yuan. That is to say, you used to need 8 yuan to buy one dollar things, but now you need 6.12 yuan to buy one dollar things. The money in people's pocket will be more valuable, and it will be cheaper to travel abroad and buy imported luxury goods
because RMB appreciation will inhibit China's exports. China's main export target is the United States. In recent years, the United States is in trade deficit. Appreciation will slow that down. Relatively speaking, the rise of China's currency value will stimulate foreign imports to China
after the appreciation of RMB, from the macro-economic point of view, the cost of direct investment in China will increase, foreign investors will rece investment in China, foreign tourists will rece tourism and consumption in China, at the same time, a large number of imported goods will flow into the domestic market, which will lead to the re adjustment of some domestic enterprises, and many people may lose their jobs
what is RMB devaluation? RMB devaluation refers to the exchange rate of one country's currency to another country's currency. Many people confuse it with what we usually call "value" of money. Both are indicators to measure the purchasing power of a country's currency, but the former is for the purchasing power of international trade, while the latter is actually for the purchasing power of domestic goods
First of all, you need to understand the concept. The appreciation of RMB means that the exchange rate of RMB against other currencies has increased. For example, in the past, the exchange rate of 1 US dollar to more than 8 RMB yuan, but now the exchange rate of 1 US dollar to more than 6 RMB yuan means the appreciation of RMB. The meaning of RMB depreciation is just the opposite. In addition, at present, the exchange rate generally adopts the indirect pricing method, that is, how many units of local currency can be exchanged for a unit of foreign currency. Only the pound sterling adopts the direct pricing method, that is, how many units of foreign currency can be exchanged for a unit of pound sterling Of course, RMB exchange rate adopts indirect pricing method. It should be noted that simply speaking of "exchange rate appreciation", whether the local currency appreciation or depreciation depends on the pricing method adopted. If the appreciation of a certain currency (such as RMB) is indicated, it obviously means that the ratio of the currency to foreign currency risesI think bitcoin has a bright future for the following reasons
first, bitcoin is the big brother of virtual currency. Then the development prospect of bitcoin is limitless. Now virtual currency can be traded like stock in foreign countries. There are three virtual currency exchanges, such as fire coin global exchange, coin security exchange and OK exchange. The emergence of these exchanges provides security for the activity and trading of virtual currency. As bitcoin is recognized by more and more countries, I think the development prospect of bitcoin will be better and better
to sum up: the future development prospect of bitcoin is very good
is there room for appreciation of the commemorative currency? What kind of commemorative coin is worth in fact, the principle of rarity is also applicable in the collection circle. As long as the circulation of any commemorative coin is small, there is a chance of appreciation! For example, the old fine rare commemorative coins are worthy of collection and attention
first, the significance of RMB appreciation is divided into positive and negative effects:
positive effects of RMB appreciation:
first, it is concive to China's import
Second, the cost of raw material import dependent manufacturers is reced
Third, domestic enterprises' ability to invest abroad is enhanced
Fourth, the profit of foreign-funded enterprises in China is increased
fifth It is beneficial for talents to study and train abroad.
6. Recing the pressure of debt repayment
the negative impact of RMB appreciation:
1. RMB is not freely convertible under the capital account, that is to say, the mechanism determining the exchange rate is not the market, and it is meaningless to change it.
2. RMB appreciation will bring greater pressure on China's deflation.
3 The appreciation of RMB exchange rate will decrease the attraction to foreign investment and rece the foreign direct investment to China
the impact of RMB appreciation on the common people:
1. The prices of some imported goods are cheaper< 2. It is cheaper to travel abroad
3. Some employees in foreign trade instry are going to have a hard time;
Thank you. I am Gaote precision casting. I will tell you what coins have collection value from the collection value of ancient coins, silver yuan, coins and RMB
with the development of the coin market, there are four types of coins: ancient coins, silver coins, coins and RMB. The latter two and the former two naturally have higher collection value, but correspondingly, collection and identification are more difficult
I will tell you about the coins with collection value among the four categories
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ancient coins. First of all, the 50 treasures of ancient spring are of great collection value. Although they are of great value, they are also very difficult to collect. In addition, there are few ancient coins in the world, which have a long history, a good preservation and a short period of administration
< / OL > -
interest number, interest number mainly varies according to people's preferences, such as shunzi number 12345678, shunzi number 87654321, and the price is not cheap (the value of zhengshunzi number is the same level as that of 8, the same set of door opening number and door closing number)
< / UL >
2. First of all, yuan Datou in the third and eighth years of the Republic of China. Among them, the three-year signature version of "trial coinage", the Soviet version and the Gansu version are of great collection value. In the eighth year of the Republic of China, the market price was about 1800 yuan / piece. In the three years of the Republic of China, the price of Yuan Shikai's two dimes and one dime silver coins was about 150-200 yuan, while the price of the middle yuan (five dimes) was more expensive, about 1300 yuan
3. Coins. The first is the five Heavenly Kings: the 5-cent coin of 1979, 1980 and 1981, the 2-cent coin of 1980 and the 1-cent coin of 1981. They have a small circulation, high collection value and room for appreciation. In addition to this, there are 86 versions of the Great Wall coin, "old three flowers" (peony one yuan, plum five jiao and chrysanthemum one jiao issued from 1991 to 2000)
4. Of course, this is the first set and the second set of RMB. In particular, the first set of RMB was withdrawn from the circulation market only seven years after circulation. It is said that the market price of the first set of RMB has reached about 3 million. In addition to the complete set of personal name coins, there are also some loose coins with collection value, such as: leopard, lion and elephant. That is, the tail book is 333, 888 and so on. The four numbers are called lion numbers, and the five numbers are called elephant numbers. Why is this rare? Because only one hundred serial numbers can proce one leopard number, and only one thousand can proce eight leopard numbers. In the same way, the lion and elephant are even more scarce. The top number is eight of the same size, each crown will only be out of ten, the price is also very high, the current price of a two crown 8 with 8 has more than 10000
< / UL >for numbers, there are several grades: the most expensive is 8, followed by 6 and 9 and 0 (serial numbers 9 and 0 are often together), then 1, 2, 3, 5, 7, and finally 4
Door opening number: Generally speaking, it is the first and last one of a set of coins. For example, the opening number is No.1 billion, and the closing number is No.1 billion. The price is also very expensive, about the same as 8there are others, such as 28282888, 13145200, etc. if you happen to like this kind of collection, the price is also good
The auspicious number, which is specially collected by someone in the aerospace banknote, means to send it all the way. There are also collections with a tail number of 520, or 1314. This kind of moral is very good. It's OK to give gifts and express blessings < / UL >I'm Gao te precision casting. If you want to know more about the collection and identification of coins, please pay attention to me. Welcome to inquire< br />
recently, the exchange rate of RMB against the US dollar has set a new record since the exchange rate reform in 2005 for three consecutive days, and the market generally predicts that the RMB exchange rate will enter a new appreciation channel. This speculation is not without reason. Because at the G20 financial meeting just concluded in Paris, the Chinese government has made a "positive" commitment to ease the international economic imbalance by further appreciating the RMB exchange rate. However, this "commitment" is by no means a passive response to international pressure. Against the background that domestic inflation continues to be high and CPI hit a new high of 4.9 last month, the current round of RMB exchange rate appreciation is more a key link in a series of strategic measures taken by the Chinese government to fight against inflation
in the past 10 years, the most important and lasting debate on China's economic policy, whether in academic circles, policy circles or press circles, is the RMB exchange rate policy. In today's era of floating exchange rate, the rise and fall of a country's currency exchange rate is a normal policy adjustment. The currency value fluctuates up and down with the change of market environment, which is concive to the balance of internal and external payments and the adjustment of domestic economic structure. However, in China, the RMB exchange rate is extremely complicated e to the intervention of the United States, which has become a very difficult political issue
since 2003, some members of the U.S. Congress have urged the U.S. administration to pressure the appreciation of the RMB in various ways. At the same time, the international community has graally formed a public opinion atmosphere that the RMB is significantly undervalued. This links the economic issue of exchange rate with the diplomatic issue. The RMB appreciation policy is easily interpreted by some domestic public opinions as a compromise to the US diplomatic pressure. In addition, some opponents associate this issue with domestic employment, which is an extremely sensitive topic related to social stability. As a result, the opponents of RMB appreciation have a moral advantage in this debate for a long time, However, the special interests behind the faction are often ignored; On the contrary, it is a pity that the supporters often fall into the "dilemma" of being "politically incorrect", and the theoretical logic behind them has not been seriously paid attention to in this scuffle
it is noteworthy that in the process of appreciation after the Spring Festival, the voice of the opposition is much weaker than before. In 2010, the biggest threat to ordinary Chinese is inflation. In order to cope with the financial crisis, the Chinese government has put a lot of money into the market through various financial and monetary means. In addition, China's foreign trade surplus continues to grow. Under the circumstances of foreign exchange control, this part of foreign trade surplus can only be converted into continuously accumulated foreign exchange reserves, while the central bank can only put the same amount of RMB into the domestic market. If the RMB does not appreciate, the central bank will only be able to put more money into the domestic market, and the inflation will be more serious. In other words, the non appreciation of RMB comes at the cost of domestic inflation
since June last year, the exchange rate of RMB against the US dollar has increased by only 3.5%. However, according to the calculation of relevant experts, the real exchange rate has risen by 6%. For example, in the past, 6 yuan RMB could buy a piece of bread, but now it can only be bought at 7 yuan RMB. Under the nominal exchange rate of 6:1, in the past, 1 dollar could buy a piece of Chinese bread, but now 1 dollar can't buy a piece of bread. This means that although the nominal exchange rate between China and the United States has not changed, the dollar price of Chinese bread is still rising. In this case, it is the ordinary people who suffer the most because their purchasing power has declined. The "shortage of migrant workers" at the beginning of the year makes the employment problem related to the RMB exchange rate not as serious as people think; On the contrary, the phenomenon of "difficult employment of college students" deserves more attention, but it obviously has no direct relationship with the RMB exchange rate
for a long time, the benefits of RMB appreciation have rarely been fully explained, for example, it is concive to the adjustment of domestic economic structure, the upgrading of instrial structure, the saving of domestic resources, the rection of foreign exchange reserves, the internationalization of RMB, the alleviation of the pressure of international public opinion, and the improvement of the welfare of ordinary residents. But at present, the biggest strategic significance of RMB appreciation is to overcome inflation. On the one hand, it will rece the growth rate of China's export and stabilize the price of domestic scarce factors; On the other hand, in the context of the rising international prices of energy, grain and other commodities, the appreciation of RMB means that more foreign commodities can be purchased with less RMB, so as to curb the pressure of domestic price increase. At the same time, it also enables the central bank to ease the pressure of "buying" foreign trade surplus by issuing additional RMB
China is on the right path to fight inflation with RMB appreciation