Video on the development history of virtual currency

1. On November 1, 2008, a self styled Satoshi Nakamoto posted a research report on a secret cryptography discussion group. The report expounded his new idea of electronic currency bitcoin came out
on January 3, 2009, Nakamoto g up the first batch of 50 bitcoins on a small server in Helsinki, Finland
on May 21, 2010, the first bitcoin transaction: Laszlo hanyecz, a Florida programmer, bought a $25 pizza coupon with 10000 BTC
on July 16, 2010, the price of BTC rose by US $0.08 from US $0.008. The first sharp price fluctuation shows the rise of new things
on July 17, 2010, the first bitcoin platform was established
on November 6, 2010, the price on mtgox reached $0.5, and the bitcoin economy reached $1 million
on December 7, 2010, the first portable device to portable device transaction was realized on Nokia 900, with a transaction volume of 0.42btc
on February 9, 2011, the price reached US $1 for the first time, which is equivalent to US $1. The news that BTC is equivalent to us dollar has been widely reported by the media, which has aroused people's great attention, and the number of new users has increased greatly. In the next two months, bitcoin and pound sterling, Brazilian currency, Polish currency exchange trading platform has opened
on March 18, 2011, the BTC / USD exchange rate hit a seven week low, falling to US $0.7
on August 20, 2011, the first bitcoin conference and World Expo were held in New York. Among Google trend counties, bitcoin's attention reached a new high, with a price of $11 at that time
on November 14, 2011, the price of bitcoin hit a new half year low of $1.99
on September 15, 2012, the bitcoin conference was held in London. At this time, the price of bitcoin was $11.8
on September 27, 2012, bitcoin fund was founded, and the price of bitcoin was $12.46
on November 25, 2012, the first bitcoin conference in Europe was held in Prague, Czech Republic. At this time, the price of bitcoin was $12.6
on February 19, 2013, bitcoin client v8.0 was released. At this time, the price of bitcoin was $28.66
on April 10, 2013, BTC set a record high price of $110
on May 9, 2013, BTC Chinese, the largest bitcoin reporting website www.sosobtc.com The company obtained the investment fund Union Square's US $5 million round a investment, and the price of bitcoin was US $112.09 at this time< On May 28, 2013, the Department of Homeland Security banned the virtual currency service of Liberty Reserve, a Costa Rican exchange company, for its suspected xiqian and unlicensed fund transfer business, U.S. prosecutors said that this will become the largest international xiqian lawsuit in history, with the scale of absorbing money reaching 6 billion US dollars. A large number of users, including China, will lose all their money. At this time, the price of bitcoin is 128 US dollars
in June 2013, Netcom said that the United States will withdraw from qe3, deflationary bitcoin and quantitative easing monetary policy, which are the relationship between the two
on June 27, 2013, the German Conference made a decision: holding bitcoin for more than one year will be tax-free, which is considered by the instry to recognize the legal status of bitcoin. At this time, the price of bitcoin is $102.24
on June 28, 2013, mtgox obtained the monetary service license issued by the financial crime enforcement network office of the U.S. Department of the Treasury. Transaction standardization may mean that bitcoin is on the right track, government risk is reced, and its pace of integration into the display economy will be accelerated. At the same time, it will play an exemplary role in other virtual currencies. At this time, the price of bitcoin is $97.99
on November 28, 2013, the bitcoin trading price of Mt. GOx, a popular bitcoin exchange, broke through $1000, reaching a record high of $1073
on November 29, 2013, the trading price of bitcoin on Mt. GOx, a popular exchange, hit a record high of US $1242, while the price of gold was US $1241.98 an ounce, surpassing that of gold for the first time.

2.

When the global financial crisis broke out in 2008, someone published a paper under the pseudonym of "Nakamoto Tsung", describing the mode of bitcoin

many bitcoin players are attracted by the fact that bitcoin can not be issued at will. Contrary to the attitude of bitcoin players, economists have a polarized attitude towards the fixed amount of 21 million bitcoin

Economists of Keynesian school believe that the government should actively regulate the total amount of money, and use the tightness of monetary policy to timely fuel or brake the economy. As a result, they believe that bitcoin's fixed aggregate currency sacrifices its adjustability, and worse still, it will inevitably lead to deflation, thereby harming the overall economy. Austrian economists hold the opposite view. They think that the less the government intervenes in money, the better. The deflation caused by the fixed amount of money is not a big deal, even a sign of social progress

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system. Bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network will get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as a reward to reward the person who gets the answer

when bitcoin was born in 2009, each reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the bounty will be halved to 25. When the total amount reached 15.75 million (5.25 million new output, or 50% of 1050), the bounty was further halved to 12.5

first of all, according to its design principle, the total amount of bitcoin will continue to grow until it reaches 21 million more than 100 years later. But the total amount of bitcoin will grow very slowly in the later period. In fact, 87.5% of bitcoin will be "g up" in the first 12 years. Therefore, in terms of the total amount of money, bitcoin will not reach a fixed amount, and its total amount of money will continue to expand, although the speed is getting slower and slower. So it looks like bitcoin is the inflation currency

However, the judgment of deflation or inflation is not based on whether the total amount of money is decreasing or increasing, but on whether the overall price level is falling or rising. The rise of overall price is inflation, and vice versa. In the long run, the issuing mechanism of bitcoin determines that the growth rate of its total amount of money will be far lower than that of social wealth

Economists of Keynesian school believe that the continuous decline of prices will make people tend to postpone consumption, because the same dollar can buy more things tomorrow. The rection of consumption will further lead to shrinking demand, unsalable goods, lower prices and a vicious circle of "deflation spiral". Similarly, the deflationary currency itself can appreciate even if it is not deposited in the bank (the purchasing power becomes stronger and stronger), people's willingness to invest will increase, and social proction will fall into a downturn[ 5] Therefore, bitcoin is a currency with deflationary tendency. In bitcoin economies, commodity prices priced with bitcoin will continue to fall

bitcoin is a kind of network virtual currency with limited quantity, but it can be used to cash out: it can be converted into the currency of most countries. You can use bitcoin to buy some virtual items, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, you can also use bitcoin to buy real-life items

3. The development history of bitcoin in China is as follows:
trading platform launched on June 9, 2011
price of bitcoin in China reached 150 yuan on June 9, 2011
registered users exceeded 8000 on May 27, 2012
trading volume on May 9, 2012 exceeded 2000
trading volume on May 27, 2012 ranked second in the world
trading volume on May 29, 2012 ranked eighth in the world
double authentication function launched on August 28, 2012
February 2013 -The price of 15 bitcoin in China returned to 100 yuan
on April 10, 2013, the trading volume reached 28600 yuan
on April 10, 2013, the price of bitcoin in China reached 1944 yuan
on April 21, 2013, the United One Foundation launched a donation of bitcoin and donated 15 bitcoin to one foundation, For Sichuan disaster relief
launch mobile phone verification function on May 15, 2013
launch recharge free service charge on July 1, 2013
launch TenPay online banking automatic recharge online on September 3, 2013
implement transaction free service charge on September 24, 2013
transaction volume exceeded 50000 on October 22, 2013
bitcoin China price reached 1300 yuan on October 22, 2013
launch market price list function on October 28, 2013
CCTV on October 30, 2013 The price of bitcoin in China reached 2630 yuan on November 9, 2013, according to the report of Taiwan's two sets of "global financial link"
PayPal, the world's largest online payment platform, announced that it will cooperate with three bitcoin payment service providers to test bitcoin payment, but the payment service is only limited to virtual proct transactions, and users can only use bitcoin to buy e-books, electronic music, electronic games, electronic music, electronic games, etc And mobile phone ringtones
bitcoin is a new type of virtual currency, which is generated by a large number of calculations based on special algorithms. According to rigorous calculations, the stock of bitcoin is limited, with a total of 21 million, no more or less. After being created, bitcoin has rapidly become a "fixed asset" pursued by Internet speculators
in February 2014, mtgox, the world's largest trading platform, went bankrupt, casting a shadow on the whole bitcoin instry. Since the middle of 2014, the price of bitcoin has been in a downward trend for a long time
on August 12, 2015, the price of a bitcoin was only close to 1700 RMB
on the afternoon of February 8, 017, the inspection team of the business management department of the people's Bank of China interviewed the main principals of nine bitcoin trading platforms in Beijing, including "China bitcoin", "bitcoin trading network", "bitcoin", "yuncoin", "Yuanbao", "btc100", "jucoin", "coin shell" and "dahonghuo", which are engaged in bitcoin trading, Report the current problems of bitcoin trading platform, prompt the possible legal risk, policy risk and technical risk of the trading platform, understand the operation of the nine trading platforms, and put forward clear requirements: it is not allowed to engage in financial business such as financing currency, participate in money laundering activities, and violate the relevant national anti money laundering and anti money laundering regulations Foreign exchange management, payment and settlement and other financial laws and regulations shall not violate the state tax and instrial and commercial advertising management laws and regulations. If any bitcoin trading platform is found to have violated the above requirements and the circumstances are serious, the inspection team will request the relevant departments to shut down and ban it according to law

References: http://money.163.com/15/0926/09/B4E9TIAH00253B0H.html
http://www.ke.com/wiki/%E6%AF%94%E7%89%B9%E5%B8%81%E4%B8%AD%E5%9B%BD

4. On November 1, 2008, a self styled Satoshi Nakamoto posted a research report on a secret cryptography discussion group, which expounded his new idea of e-money bitcoin came out
on January 3, 2009, Nakamoto g up the first batch of 50 bitcoins on a small server in Helsinki, Finland< On May 21, 2010, the first bitcoin transaction: Florida programmer Laszlo
hanyecz bought a $25 pizza coupon with 10000 BTC< On July 16, 2010,
the price of BTC rose by US $0.08 from US $0.008, showing the rise of new things
on July 17, 2010, the first bitcoin platform was established
on November 6, 2010, the price on mtgox reached $0.5, and the bitcoin economy reached $1 million
on December 7, 2010, the first portable device to portable device transaction was realized on Nokia 900, with a transaction volume of 0.42btc
on February 9, 2011, the price reached US $1 for the first time, which is equivalent to US $1. The news that BTC is equivalent to us dollar has been widely reported by the media, which has aroused people's great attention, and the number of new users has increased greatly. In the next two months, bitcoin and pound sterling, Brazilian currency, Polish currency exchange trading platform has opened
on March 18, 2011, the BTC / USD exchange rate hit a seven week low, falling to US $0.7
on August 20, 2011, the first bitcoin conference and World Expo were held in New York. Among Google trend counties, bitcoin's attention reached a new high, with a price of $11 at that time
on November 14, 2011, the price of bitcoin hit a new half year low of $1.99
on September 15, 2012, the bitcoin conference was held in London. At this time, the price of bitcoin was $11.8
on September 27, 2012, bitcoin fund was founded, and the price of bitcoin was $12.46
on November 25, 2012, the first bitcoin conference in Europe was held in Prague, Czech Republic. At this time, the price of bitcoin was $12.6
on February 19, 2013, bitcoin client v8.0 was released. At this time, the price of bitcoin was $28.66
on April 10, 2013, BTC set a record high price of $110
on May 9, 2013, BTC Chinese, the largest bitcoin reporting website www.sosobtc.com The company obtained the investment fund union
square's $5 million round a investment, and the price of bitcoin was $112.09< On May 17, 2013, the San Jose bitcoin conference was held with 1300 participants. At this time, the bitcoin price was US $119.1.
on May 28, 2013, the US Department of Homeland Security banned the virtual currency service of Liberty Reserve, a Costa Rican exchange company, for suspected xiqian and unlicensed fund transfer business, U.S. prosecutors said that this will become the largest international xiqian lawsuit in history, with the scale of absorbing money reaching 6 billion US dollars. A large number of users, including China, will lose all their money. At this time, the price of bitcoin is 128 US dollars
in June 2013, Netcom said that the United States will withdraw from qe3, deflationary bitcoin and quantitative easing monetary policy, which are the relationship between the two
on June 27, 2013, the German Conference made a decision: holding bitcoin for more than one year will be tax-free, which is considered by the instry to recognize the legal status of bitcoin. At this time, the price of bitcoin is $102.24
on June 28, 2013, mtgox obtained the monetary service license issued by the financial crime enforcement network office of the U.S. Department of the Treasury. Transaction standardization may mean that bitcoin is on the right track, government risk is reced, and its pace of integration into the display economy will be accelerated. At the same time, it will play an exemplary role in other virtual currencies. At this time, the price of bitcoin is $97.99< On November 28, 2013, the bitcoin trading price of Mt.
GOx, a popular bitcoin exchange, broke through $1000, reaching a record high of $1073
on November 29, 2013, the trading price of bitcoin on Mt. GOx, a popular exchange, hit a record high of US $1242, while the price of gold was US $1241.98 an ounce, surpassing that of gold for the first time.

5.

The essence of money is the general equivalent. In the process of the continuous development and evolution of human history, it has gone through the stage of physical money, the stage of substitute money, and then entered the stage of credit money. In primitive society, people exchanged livestock, salt, shells and other hard to get goods as general equivalents

in the long history, the emergence of metal currency makes the economic life achieve unprecedented prosperity. However, e to the inconvenience of carrying metal money, paper money became the mainstream form of money. With the rapid development of modern information technology, e-money has come into our life

if the evolution process from physical money to value symbol paper money is the first qualitative leap in the history of money development, then the evolution process from paper money to electronic money is the second qualitative leap in the history of money development

from the perspective of money form, physical money itself is a commodity in addition to performing monetary functions; Paper money is a symbolic tool of value for commodity exchange and a credit currency; Electronic currency is the proct of highly developed Internet economy and continuous progress of bank payment and settlement technology. It not only has the function of traditional currency, but also can continuously improve digital currency

At the same time, the virtual money market based on electronic information is also booming. By the end of 2014, the number of Internet users in China had reached 632 million, including 517 million registered users in the online game market and 114.48 billion yuan of sales revenue, an actual increase of 37.7% over the previous year

a huge virtual space based on the Internet has been formally formed. As a kind of virtual currency with intrinsic value, convenient online trading behavior, low transaction cost, and service providers' issuance, it emerges as the times require

first of all, from the functional analysis. Virtual currency is a kind of transaction medium in the Internet virtual space, which has the function of value scale, but the value scale of virtual currency is different from that of legal currency

using virtual currency to purchase virtual procts and services can only be within the scope specified and allowed by the issuer of virtual currency (Internet operator), and the size of this scope depends on the number of virtual procts and services. If the virtual procts and services provided by the website are large enough, the scope of virtual currency will be large

the currency value of virtual currency depends on the pricing of virtual currency by issuers. When no currency can communicate between virtual cyberspace and reality, the pricing of procts and services is still based on real RMB. That is to say, when issuers of virtual currency price their own virtual currency, they should first convert the price of virtual currency based on RMB

6. One belt, one road Summit Forum, 1. the five Session Fifth the 12th CPPCC National Committee
2, the first forum, the high-level forum, the 2030 core vision, the 2030 vision, the Fifth, the Asian forum, the Asian forum, the "Asian Games", the "Asian Games", the "Asian Games", the "Asian Forum", "the Asian Forum", "the Asian Forum", "the Asian Forum", "the Asian Forum", "the Asian Forum", "the Asian Forum", "the", "the". Nuclear safety
8, sharing economy
9, healthcare reform
10, terrorist attack

7.

In the process of formation and development of ancient Chinese currency, it has experienced five extremely significant evolutions:

1, the evolution from natural currency to artificial currency

2

3. The evolution from local coinage to central coinage

4. From the weight of documents to Tongbao and Yuanbao

5. The evolution from metal currency to paper currency

From the spring and Autumn period to the Warring States period, China has established four monetary systems: cloth coin, knife goods, ant nose money and ring money. Later, it went through the Qin, Tang, Han, Wei, Jin, southern and Northern Dynasties, until December 1, 1948, the people's Bank of China was established and issued the first set of RMB

knowledge development:

commemorative coin

ordinary commemorative coin is RMB with specific theme and limited issue. Since the people's Bank of China issued the first set of ordinary commemorative coins in 1984, it has issued 63 sets of 75 ordinary commemorative coins, with a total circulation of about 850 million. The denominations range from 1 jiao, 1 yuan, 5 yuan, 10 yuan, 50 yuan and 100 yuan, which condenses the glorious achievements and major historical events of the people's Republic of China over 50 years into the square inch of commemorative coins

8. On December 1, 1948, the people's Bank of China was established and issued RMB at the same time, which is the first time since the founding of the people's Republic of China. The issuance of RMB has a history of more than 50 years. Up to now, five sets of RMB have been issued. The definition of RMB yesterday, today and tomorrow is as follows: yesterday refers to the first to the fourth set of RMB, today refers to the fifth set of RMB, and tomorrow refers to the RMB to be issued in the future. I hope to review the past of RMB and look forward to the bright future of RMB by analyzing the background, types, editions and characteristics of each set of RMB< The first set of RMB was issued on the basis of unifying the currencies of the liberated areas. In 1948, the people's Liberation Army liberated a large area of the motherland. The liberated areas of North China, Northwest China and Northeast China were linked together. The development of proction and commodity trade required money, money, and money. However, because the currencies issued by the liberated areas at that time were not unified, the ratio of currencies was not fixed, and the exchange of currencies was very difficult, there was an urgent need to issue a kind of independent, independent and independent currency A unified and stable currency< The first set of RMB was issued from December 1, 1948 to December 1953, ring which 12 types of RMB bonds were issued, including 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan, 100 yuan, 200 yuan, 500 yuan, 1000 yuan, 5000 yuan, 10000 yuan and 50000 yuan. There are 62 editions, of which 2 are 1 yuan coupon; There are 4 kinds of 5 yuan coupons; There are 4 kinds of 10 yuan coupons; There are 7 kinds of 20 yuan coupons; There are 7 kinds of 50 yuan coupons; 10 kinds of 100 yuan coupons; 5 kinds of 200 yuan coupons; There are 6 kinds of 500 yuan coupons; There are 6 kinds of 1000 yuan coupons; 5 kinds of 5000 yuan coupons; 4 kinds of 10000 yuan coupons; There are 2 kinds of 50000 yuan coupons

3. Characteristics

the first set of RMB has obvious color of war era. First, the printing quality is rough, the printing technology and process are not unified, and the paper is easy to wear; Second, the face design pattern is relatively monotonous and the color change is less; Third, there are many kinds of denominations and editions of tickets; Fourth, it has a large denomination (the largest is 50000 yuan) and a low unit value. When calculating in circulation, 10000 yuan is taken as the unit, which is not concive to commodity circulation and economic development and brings inconvenience to people; Fifth, the security function of tickets is poor. The second set of RMB was issued in March 1955 on the basis of the first set of RMB unified national currency. In the early 1950s, the wounds of the war were healed, inflation was stopped, the national economy graally recovered, instrial and agricultural proction developed, the commodity economy became increasingly active, fiscal revenue and expenditure were basically balanced, market prices tended to be stable, the monetary system was correspondingly consolidated and improved, and an independent and unified monetary system was established. However, as the legacy of inflation for many years before liberation has not been completely eliminated, coupled with the disadvantages of the first set of RMB, such as large denomination, variety, poor quality and serious damage, the state has decided to issue the second set of RMB and recover the first set of RMB at the same time< From March 1955 to April 1962, the second set of RMB issued 11 kinds of bonds, including 1 point, 2 points, 5 points, 1 jiao, 2 jiao, 5 jiao, 1 yuan, 2 yuan, 3 yuan, 5 yuan and 10 yuan. There are 16 editions in total, including 1, 2 and 5 (one for paper and one for coin); 1, 2 and 5 species respectively; There are 2 kinds of 1 yuan and 2 yuan coupons respectively; One 3 yuan coupon; 2 kinds of 5 yuan coupon; One 10 yuan coupon< The first is to eliminate the traces of war and the impact of inflation. Small edition, small denomination, large unit value and convenient circulation; Second, the layout pattern reflects the new style of the unity of all nationalities and the common socialist construction, which has the characteristics of good-looking, easy to recognize, easy to calculate and easy to use; Third, elaborate proction, printing technology and paper quality are better than the first set of RMB, and the anti-counterfeiting performance is enhanced; The fourth is the printing of banknotes and coupons, which is a transition from relying partly on foreign aid to independent printing in China. In 1961, the self-made watermark paper was successfully developed and used in the second set of RMB banknotes and coupons. The issue of the third set of RMB

1. Background of issue

the third set of RMB was issued on April 15, 1962. In the early 1960s, China experienced three consecutive years of economic difficulties, the national economy began to improve, instrial and agricultural proction graally recovered, and the national financial situation graally improved, To promote the further development of proction, construction and commodity circulation and facilitate the use of currency by all units and the people, the State Council has decided to issue the third set of RMB. The issuance of the third set of RMB has further improved China's monetary system< The third set of RMB, based on the second set of RMB, has been graally adjusted and replaced for 18 years. A total of 7 types of RMB bonds have been issued, including 10 yuan, 20 yuan, 50 yuan, 1 yuan, 2 yuan, 5 yuan and 10 yuan. There are 13 kinds of editions, including 4 kinds of dime (3 kinds of paper and 1 kind of hard), 2 kinds of dime, 5 kinds of dime and 1 kind of yuan (1 kind of paper and 1 kind of hard), 1 kind of 2 kinds of yuan and 5 kinds of Yuan coupon. So far, China's third set of RMB has been issued in all types and editions< First, it reflects the construction policy of that time and the unique national style of our country; Second, the combination of hand engraving and machine engraving and other advanced technologies are adopted. The printing is fine, and the color of the similar patterns of each coupon is adjusted, so that the banknotes of different denominations are different, which is convenient to use and beautiful; Third, it reflects the ability of China to print banknotes by itself, realizing the localization of paper, raw materials and printing equipment from design and plate making. At the same time, e to the improvement of ink, paper, plate making and printing technology, it further enhances the anti-counterfeiting performance; Fourth, the structure of various types of bonds has been further rationalized after adjustment. In addition, the variety of banknotes and coins is rich, which is more convenient for the people and the needs of currency circulation in the market. The issue of the fourth set of RMB

1. Background of issue

the fourth set of RMB is issued with the rapid development of national economy, the substantial growth of retail sales and the substantial increase of money demand. The issuance of the fourth set of RMB further improved China's monetary system< The fourth set of RMB was issued from April 1987 to August 1992 by adopting the method of "one-time announcement and sub issuance". A total of 9 kinds of bonds were issued, including 6 main coins of 1 yuan, 2 yuan, 5 yuan, 10 yuan, 50 yuan and 100 yuan, and 3 subsidiary coins of 10 yuan and 50 yuan. There are two editions, 80 edition and 90 edition. In the 1980s, all kinds of RMB coupons were issued in succession. In addition, 50 yuan, 100 yuan, 1 yuan and 2 yuan coupons were issued in 1990
3. Characteristics

first, it embodies the organic combination of political and artistic; Second, it highlights the anti-counterfeiting performance, reflecting the improvement of China's banknote printing technology< In order to meet the needs of developing countries, we should further improve the design, printing and anti-counterfeiting technology of RMB. The issuance of the fifth set of RMB marks the perfection of China's monetary system

2. The fifth set of RMB has eight kinds of coupons, including 20 yuan, 100 yuan, 50 yuan, 10 yuan banknotes and 1 yuan, 10 yuan coins

3. Features

firstly, its features are as follows: first, advanced design. The fifth set of RMB organically combines the international advanced computer-aided design method with China's traditional manual drawing, which not only retains the design characteristics of China's traditional banknotes, but also has distinctive characteristics of the times. It highlights the "three big", that is, portrait of alts, large watermark and large denomination number, which is not only convenient for the masses to identify, but also enhances the anti-counterfeiting function; The second is to cancel the traditional design of lace, flower ball as the frame of the design form, the whole face of the ticket is an open structure, increasing the anti-counterfeiting design space; Third, machine reading technology is added to facilitate the sorting of modern machines and tools; Fourth, the design of the main scene on the back adopts the combination of landscape, focus perspective and scattered perspective, which reflects the characteristics of Chinese culture. The pattern lace design not only maintains the traditional style and characteristics of currency, but also has the function of anti-counterfeiting; Fifthly, the face is simple, the lines are clear and the colors are bright

secondly, one of the biggest characteristics of the fifth set of RMB is the increased anti-counterfeiting function and advanced anti-counterfeiting technology. There are more kinds of anti-counterfeiting in the fifth set of RMB than in the fourth set. For example, there are 10 kinds of anti-counterfeiting measures for the 100 yuan coupon and 8 kinds of anti-counterfeiting measures for the 20 yuan coupon, and the anti-counterfeiting features mastered by the public are located in the obvious parts of the main patterns of banknotes, which can be recognized by the intuitive eyes and hands, so as to facilitate the masses to fight against and prevent counterfeiting

thirdly, with the development of economy, the demand for money in the market is increasing, and there are more large denomination payments. The original monetary structure can no longer meet the needs of currency circulation. For example, 1 yuan and 2 yuan bonds used to play the role of large payment as the main currency, but now they can only play the role of change. At the same time, they also have to increase the costs of printing, shipping and issuing, The fifth set of RMB retains most of the fourth set of RMB, cancels 2 yuan voucher and 2 jiao voucher, and increases 20 yuan voucher, which meets the needs of economic development at the present stage

3. Characteristics

the fifth set of RMB has the characteristics of few securities, large unit value and convenient circulation. Give me more points. Thank you

9.

China's currency has a long history and rich types. RMB plays an important role in the history of currency culture in China. Since the issuance of RMB, the people's Republic of China has issued five sets of RMB

On December 1, 1948, the people's Bank of China was established and issued the first set of RMB

there are 12 denominations of 62 editions, including 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan, 100 yuan, 200 yuan, 500 yuan, 1000 yuan, 5000 yuan, 10000 yuan and 50000 yuan

The unified issuance of RMB is an important measure to meet the national liberation. It eliminated all kinds of currency issued by the Kuomintang government, ended the inflation of decades under the Kuomintang rule, and played an important role in the economic recovery period in the early days of the founding of the people's Republic of China

Extended materials:

RMB has been issued for 67 years since 1948, from the recovery period in the early liberation, the mass proction period in the 1950s and 1960s, the period of national construction, and the period of reform and opening up in the 1980s

In the period of going global after 2000, these five sets of RMB completely recorded the development process of new China. Now it seems that if you have a complete set of RMB, it is actually the typical revolutionary history of new China The value of pinxianghao is more than 5 million yuan

However, the value of mumatou with a face value of 10000 yuan, yurt with a face value of 5000 yuan and zhandecheng with a face value of 500 yuan accounted for 60% of the total, and the three pieces with good looks were basically more than 1 million

for the second set of China's big ten yuan, the value of the whole item is 150000 yuan, and the three yuan note is more than 30000 yuan. For the third set, the value of red Yimao and back green Yimao is higher because of different colors

in the fourth set, the 50 yuan of the 80 version is worth about 2000-3000 yuan because it is less issued. At present, some banknotes in the fifth set of RMB also have collection value

the value of RMB has a lot to do with the circulation at that time. Some currencies were destroyed quickly e to special periods or technological factors, so they are relatively rare. Generally, the market price and collection value of this kind of currency are relatively high, which is also relatively rare