Legal money in virtual currency
Legal currency is the abbreviation of "legal currency" or "legal compensation currency", which is the currency given by the state in the form of law for compulsory circulation. Among them, the main coin is the unlimited legal compensation coin, which can be cast freely; The subsidiary currency is the compensation currency of limited law, which is restricted by the state
Legal currency is the name of currency in circulation in old China from November 4, 1935 to August 19, 1948. In old China, the silver standard system was adopted for a long time. Before "Abolishing the two systems and changing them into yuan" in April 1933, it was actually the combination of silver and yuan“ Although the currency was unified, the financial and economic difficulties of the Kuomintang government were not solved. In order to control the monetary power of old China, Britain and the United States launched a fierce struggle At the beginning of 1948, prices in Peiping soared. "To buy an egg, you need 24 Jin of French currency (the currency in circulation at that time)," to buy a jin of corn flour, you need 100 Jin of French currency. The French currency is two miles and a half from the beginning to the end, and you can buy a foot of coarse cloth. Compared with the previous year, the price of grain has increased 149 times. " The price of rice, flour and cereals went up crazily, and people's life went from bad to worse In August, the soaring prices have far exceeded the affordability of the people. In order to alleviate the crisis, the national government decided to issue gold coupons. However, it backfired. Not only did prices fail to stabilize, but the gold dollar coupon became more and more worthless, and the people fell into despair againat this time, silver yuan became popular, and silver yuan trading markets appeared in Qianmen, Xuanwumen, Dongdan, Xisi, Gulou and other places. There are also many silver dealers in the street, who are jingling and shouting "buy two, sell two"
As the founder of Tesla, musk has great influence. With his driving, bitcoin market will surely usher in a big wave of growth recently, not only musk changed his account profile to bitcoin, but also the founder of reddit changed his profile to bitcoin. Their common feature is that bitcoin is highly respected. Last year, musk wrote on the social platform that he had had in-depth communication with seller, the promoter of digital currency, and was exploring the possibility of converting Tesla's debt into bitcoin. The other side said that if Tesla converts all its debt into bitcoin, it will definitely be a great help to shareholders