Gold linked digital currency

1. To explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money". Digital currency can not be said to be a fraud, but has certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value
since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable.

2. Digital currency is the trend, but I don't know when it will be released in China. I haven't heard of the currency you said, and it may not be issued. Otherwise, there will be no news on the Internet.

3. This is really true, and the income is quite high

4. Digital currency is an alternative currency in the form of electronic currency. It is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. It is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currencies, such as bitcoin, lightcoin and ppcoin, are electronic currencies created, issued and circulated by means of check sum cryptography
definition of currency
digital gold currency is a form of electronic currency named after the weight of gold. The typical unit of measurement for this currency is the Troy gram or troy ounces, although sometimes the golden Dinar is used. Digital gold currency is funded by gold storage without quota or decentralized quota. By January 2006, digital gold currency suppliers held more than 8.6 metric tons of gold as reserves, worth about $154 million

future trend
in November 2016, the central bank prepared digital currency, and it is likely that cash will not exist in ten years

in November 2016, China digital currency Research Institute was established to cultivate high-level talents of digital currency, carry out digital currency research, consultation, development planning and related activities. It is a non-profit unit with legal license approved by relevant ministries and commissions, and is committed to promoting the integrated development of scientific research and practice of digital currency instry

up to now, Hangzhou, Shenzhen and Guizhou have become three hot areas for the central bank's digital currency pilot. It is reported that Hangzhou is actively promoting the planning and construction of Qiantang River financial harbor, including the blockchain instry. Hangzhou will build the first blockchain Instrial Park in China, which is located in the Internet Finance town of Xihu District, surrounded by ant financial services, e-commerce bank, Zhejiang University and its science and Technology Park and other well-known enterprises and parks

in February 2020, digital currency was selected by MIT Technology Review as one of the top ten breakthrough technologies in the world in 2020

5. That's because bitcoin was hyped by others and immediately became popular, and the public saw the benefits.

6. It seems that the issue of currency is based on gold, which was the previous gold standard system

7. Network gold EGD is a proct that imitates bitcoin. It has no value in itself. The key is speculation. Those so-called websites that can exchange money are all privately supported websites, when they may suddenly be unable to exchange money, and there is no bank recognition. To put it bluntly, a group of people first invent this proct, then hold a large amount of it in their own hands, and then resell it back and forth internally, giving the market a very hot feeling, pushing the price up step by step, and then attracting outside investors to take over the offer. What is worthless in itself is sold at a sky high price. This kind of investment is undoubtedly in the fire, and the state can't admit that there is something wrong with the lazy promotion, the bad effect of the deposit and the burden of the construction, and the investors will lose all their money in the end.