The earliest virtual currency in the world
on November 1, 2008, a person who called himself Satoshi Nakamoto posted a research statement on a secret cryptography review group, stating his new idea of electronic currency bitcoin came out, and the first transaction of bitcoin was completed. Bitcoin has got rid of the constraints of third-party institutions with the help of information technology, which Nakamoto calls "regional chain". Users are willing to dedicate the computing power of CPU and run a special software to be a "digger", which will form a network to maintain the "regional chain". In the process, they also generate new money. Trading also extends on this network. The computer running this software can solve the problem of irreversible code, which contains several trading data. The first miner to deal with the problem will get a 50 bitcoin reward, and the relevant trading area will join the chain. As the number of "miners" increases, the difficulty of each puzzle also increases, which keeps the proctivity of bitcoin in each trading area at about 10 minutes
bitcoin was originally a kind of network virtual currency, similar to Tencent's q-coin, but it has been able to 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. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique. In the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
on January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
recently, the news of bitcoin's soaring price appeared on the news, and it began to attract people's attention again!
jiaozi in the Northern Song Dynasty was the earliest banknote in the world
"Jiaozi" began to circulate in Sichuan ring the Chunhua period of Emperor Taizong of the Song Dynasty. Zhang Yongshi made jiaozi. When Taizong and Zhenzong were officials in Yizhou (Cheng), jiaozi was a local government currency“ Jiaozi "is a local saying in Sichuan, and also a general term for tickets and coupons. Jiaohe means" get money together with coupons ". Jiaozi is the earliest banknote in China and the world. The Northern Song Dynasty government issued jiaozi in 1023, more than 600 years earlier than European banknotes (European Sweden issued banknotes in 1690). Jiaozi banknote edition, the earliest unearthed in China, was lost abroad in the early years. It was first published in East Asia magazine. In China, there was only a rubbing of the banknote edition, but there was no name of the banknote<
the "Zhongtong banknote" of Yuan Dynasty is the earliest banknote in the world
Kublai Khan inherited the throne in 1260, and the national name "Yuan" was determined in 1271. Jiandacheng (Beijing) issued "Zhongtong jiaochao" (Silk Standard) and "Zhongtong Baochao" (silver standard). The latter was widely circulated. In 1271, it was issued to Yuanbao when the national name was "Yuan". Ticket size 163 × The 90mm dime is the smallest denomination. In 1277, metal currency was stopped and paper currency was used nationwide. At that time, there was no paper currency in foreign countries. The earliest Persian paper currency in 1294 was yuan style, with the Chinese character "note" printed on the face. Printing, France, Britain and Russia issued paper currency even later. It is well deserved to say that Zhongtong banknote was the earliest existing paper currency in the world. Yuan was the heyday of Chinese paper currency issuance, with a history of more than 800 years
"Daming treasure note" is the largest banknote in the world
2. From the appearance of Shang Dynasty copper coins to the Warring States period, there were many shapes of Chinese coins. During the Warring States period, not only all countries made their own money, but also all regions in a feudal state made their own money. It is famous for the shovel coin of Zhao, Dao coin of Qi, round square hole coin of Qin and ant nose coin of Chu. After Qin unified China, the first emperor of Qin promulgated the earliest currency law of China in 210 BC, which stipulated that half Liang coins with round square holes of Qin state could be used throughout the country. The unification of currency ended the disordered state of different shapes and great weight disparity of ancient Chinese currency, and it was a significant evolution from disordered shape to standard shape in the history of ancient Chinese currency. The shape of this round square hole determined by the Qin banliang coins continued until the early Republic of China< 3. The evolution from local coinage to central coinage. In the early Han Dynasty, the prefectures were allowed to cast money freely. According to the records of Shi Huo Zhi in the book of Han Dynasty, when Emperor Wen "got rid of the order of stealing and casting money, he made the people cast money freely", so "stealing and casting rose like clouds". This not only caused the currency confusion, but also made the rich merchants manipulate the coinage right, making the rich ratio the emperor. In 113 BC, Emperor Wu of the Han Dynasty regained the minting right of the prefecture, and the central government unified the minting of wuzhu coin, which became the only legal currency at that time. From then on, it was determined that the central government should be responsible for the unified management of coin casting and issue, which was a significant evolution from local coin to central coin in the history of ancient Chinese currency. Since then, the central government has been in charge of the coinage. The return of the minting right to the central government played an important role in stabilizing the political situation and economic development of the dynasties
4. From the weight of documents to Tongbao and Yuanbao. Since the Qin and Han Dynasties, coins are usually clearly marked with the weight of money, such as "half Liang", "five baht" and so on (24 baht is one or two). In 621, Li Yuan was determined to reform the currency system, abolish the ancient coins of different weights, and cast "Kaiyuan Tongbao" coins with the meaning of "opening up a new era"“ "Kaiyuan Tongbao" is a change from the weight of documents to Tongbao and Yuanbao in ancient China“ Kaiyuan Tongbao money is the earliest Tongbao money in China. Since then, copper coins in China no longer use money to mark the weight, but use Tongbao and Yuanbao. It has been used until the "Tongbao of the Republic of China" after the 1911 Revolution
5. The evolution from metal currency to paper currency. In the Northern Song Dynasty, with the development of exchange, the amount of money in circulation increased. During the reign of Emperor Taizong of the Northern Song Dynasty, the annual coinage was 800000 yuan, and then graally increased. In order to make up for the shortage of copper coins, the government cast a large number of iron coins in some areas. According to the records of the history of Song Dynasty, the cast iron coins in Sichuan at that time always weighed 25 Jin and 8 Liang. To buy a piece of silk in Sichuan, you have to pay 130 Jin of iron. Iron money is so cumbersome and inconvenient that the paper money "Jiaozi" created and printed in the Northern Song Dynasty came into being in Sichuan. During the reign of emperor Zhenzong of the Song Dynasty, with the permission of the government, it was jointly operated by 16 wealthy families in Cheng“ The appearance of "Jiaozi" is an important evolution from metal currency to paper currency in ancient Chinese currency history“ Jiaozi is not only the earliest paper currency in China, but also the earliest paper currency in the world.
in the Northern Song Dynasty, Cheng was an area with prosperous commerce and well-developed commodity trading. However, the initial exchange currency used was iron money. Although this kind of iron money is very heavy, its value is very low. It is said that when people wanted to buy a piece of cloth, they had to carry about 70 or 80 Jin of iron money, which made it even more troublesome when they met with big business. This was extremely inconvenient for businessmen
the inconvenient use of iron coin prompted some businessmen to invent a kind of paper making roll in the transaction. They concealed marks and codes on the paper, and replaced iron money with them, which greatly inconvenienced the merchants' commodity trading. At that time, this kind of paper was called "Jiaozi", and its nature is similar to the present deposit certificate
with the popularity of "Jiaozi", there are shops set up by merchants to deal in "Jiaozi", and they need to pay the storage fee when using the exchange. However, some businessmen are only interested in profits and misuse customers' money, resulting in disputes. Therefore, around 1005, the magistrate of Yizhou (Cheng) rectified all the "Jiaozi" shops, which were operated by more than ten rich merchants, but some disputes still occurred< In the first year of emperor Renzong of Song Dynasty (1023), "Jiaozi" was monopolized by the local government, and private proction was prohibited. Yizhou "Jiaozi affairs" was set up to issue "official Jiaozi". There used to be a small street by the Fu River in Cheng called jiaozi street. It is said that jiaozi street was originally jiaozi street, where jiaozi shops used to gather. Later, it was mistakenly named because of its homonymy< In 1105, the court of Song Dynasty changed jiaozi to qianyin, which was widely used in most areas of China. In the Yuan Dynasty, the paper money system was further improved
after Marco Polo, an Italian traveler, came to China, he found the paper money used in Yuan Dynasty. In the book Marco Polo written in 1298, he introced in detail the printing process and circulation of paper money in China. From then on, Europeans learned about paper money. American scholar Robert temple said: "the earliest European paper money was influenced by China and was issued by Sweden in 1661
jiaozi, which was widely used in Sichuan Province, has not been found yet. It is said that the famous "Jiaozi" banknote of the Northern Song Dynasty has been collected by the Japanese
"Jiaozi", as the earliest banknote issued in China and even in the world, plays an important role in the history of printing, engraving and currency.
The earliest paper money in the world is called jiaozi
Jiaozi is the earliest paper currency in China. It is one of the names of song and Jin banknotes. In the early years of the Northern Song Dynasty, Sichuan used iron coins with small weight. 1000 coins weighed 25 Jin. It took 90 Jin to hundreds of Jin to buy a piece of silk. The circulation is inconvenient As a result, the merchant issued a kind of paper money, called jiaozi, to replace iron money. 30 yuan will be dected for each pass. In order to print, issue and exchange copper coins with jiaozi, 16 wealthy merchants in Cheng set up jiaozi shop, which was the pioneer of private finance. Every year, when silkworms, rice and wheat will be ripe, they use the same color paper to make cross"Jiaozi" is a great achievement in China's monetary history, which facilitates commercial exchanges and makes up for the lack of cash. In addition, "Jiaozi", as the earliest banknote issued in China and even in the world, also occupies an important position in the history of printing and printmaking, which is of great significance to the study of ancient banknote printing technology in China
the so-called "white deer skin coin" uses the white deer skin of the palace as the coin material. Each piece is one square foot, and the surrounding is painted. The value of each piece is 400000. Because its value is far away from its own value, the "white deer skin coin" is only used as a tribute between kings and princes, not used in the field of circulation, so it is not a real sense of paper money, only a pioneer of paper money
"feiqian" appeared in the middle of the Tang Dynasty. At that time, when merchants went out to do business with a large amount of copper money, there were many inconveniences, so they first went to the official to issue a certificate, which recorded the place and the number of coins, and then went to other places to withdraw money and buy goods with the certificate. This certificate is called "feiqian"
In essence, "flying money" is just a kind of exchange business. It does not intervene in circulation and does not function as currency, so it is not a real paper money. In the Northern Song Dynasty, "Jiaozi" in Cheng, Sichuan Province was the beginning of real paper money