What does the total amount of virtual currency circulation mean
The total number of bitcoins is 21 million
in 2009, when bitcoin was born, block 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 block reward will be halved to 25
when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million
extended data
monetary characteristics
1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6. Cross platform Mining: users can explore the computing power of different hardware on many platforms
one is the total price of goods in a certain period, that is, the sum of the proct of the price of various goods and the quantity of goods; The second is the speed of money circulation, that is, the number of times money changes hands between buyers and sellers in the same period. The formula is:
money demand in circulation (m) = quantity of goods to be circulated (q) × The formula of commodity price level (P) / velocity of money circulation in the same unit (V)
shows the basic law of the change of money demand. From this formula, we can see that the demand for money depends on three factors: the price of goods, the quantity of goods in circulation and the speed of money circulation. The amount of money needed in circulation in a certain period is directly proportional to the total price of goods and inversely proportional to the velocity of the same unit of money. This is the law of circulation of metal money. As for the circulation law of paper money, it is still based on the circulation law of metal money.
when Marx discussed the function of currency circulation means, he revealed the law of currency circulation. The factors that determine the amount of money in commodity circulation are as follows: first, the total amount of commodity price to be realized depends on the total amount of commodity to be purchased and the level of commodity price in the process of input circulation, and the amount of money circulation is directly proportional to it. Second, the number of currency circulation of the same name, that is, the average speed of currency circulation of the same unit, is inversely proportional to the amount of currency circulation. Therefore, the amount of money circulation is determined by the ratio of the total price of all commodities to the speed of money circulation, which is the law of money circulation. The formula is: the amount of money needed in circulation in a certain period of time = the total price of all goods for sale / the average speed (Times) of currency circulation in the same unit. This formula only refers to the function of currency as a means of circulation. actually. Money will also perform the function of payment means in a certain period of time. For example, it is used to repay debts, pay wages, pay taxes, etc., as well as the business of buying and selling goods on credit and offsetting debts with the development of credit relationship. Because of these factors, the law of money circulation has changed accordingly.
compared with other companies, the most significant feature of listed companies is that they divide all the capital of listed companies into equal shares and raise capital by issuing stocks. Shareholders shall bear limited liability to the company with the shares they subscribe for. Shares are very important indicators. The proct of the face value of the stock and the total number of shares is the capital stock, which should be equal to the registered capital of the company. Therefore, the capital stock is also a very important indicator. In order to directly reflect this index, the stock company should set & quot; Equity & quot; Subject
share capital
the company's share capital should be obtained by issuing shares within the approved total share capital. However, it is worth noting that the income from issuing shares is often inconsistent with the total amount of share capital. If the income from issuing shares is greater than the total amount of share capital, it is called premium issuance; If it is less than the total amount of share capital, it is called discount issue; If it is equal to the total amount of share capital, it shall be issued at face value. China does not allow companies to issue stocks at a discount. In the case of issuing shares at a premium, the company should record the par value of the shares in & quot; Equity & quot; The rest will be recorded in & quot; after decting the issuing fees such as issuing fees and commissions; Capital reserve & quot; Subject
the total amount is the sum of buying and selling
volume ratio: refers to the ratio of the total number of transactions on that day to the average number of transactions in the near future. The specific formula is: current total number of transactions / ((5-day average total number of transactions / 240) * opening minutes). The value of volume ratio indicates the increase or decrease of trading volume at this time in the near future. Greater than 1 indicates that the total number of transactions at this time has been enlarged. Less than 1 indicates that the total number of transactions at this time has shrunk.
money and quasi money (M2) are called broad money, money (M1) is called narrow money, and money in circulation (M0) is the so-called Cash - notes or coins
broad money (M2) includes narrow money (M1) and non current deposit (unit time deposit + personal deposit + other deposit)< Narrow money (M1) includes unit current deposit and currency in circulation (M0)
it is generally believed that narrow money (M1) is the total amount of currency in circulation. Because the non current deposit is only a quasi currency, it can not be paid by transfer. It must be changed into a narrow currency (M1) before it can be paid (transfer or cash)< However, the author believes that the total amount of money in circulation can only be the base money.