The logic behind digital currency
Publish: 2021-05-15 12:34:35
1. Ah, the transaction logic of bitcoin is generally based on a principle of a blockchain, and then as we say, it is a buy and buy out of content
2. digital currency is the proct of currency development to a certain stage. The issuance of digital currency is mainly to make transportation more convenient and also concive to the supervision of the economy.
3.
Digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
digital currency 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 currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
Compared with paper money, digital money has obvious advantages, which can not only save the cost of issuance and circulation, but also improve the efficiency of transaction or investment, and enhance the convenience and transparency of economic transaction activities. The issue of digital currency by the central bank also ensures the continuity of financial policy and the integrity of monetary policy, and also ensures the security of monetary transactionsalthough the issuing method of digital currency is still under study, paper currency has been regarded as "the currency of the previous generation" by some professionals, and it is the general trend to be replaced by new technology and new procts. Due to China's large population and volume, the timetable for issuing digital currency is still uncertain. It is predicted that digital currency and cash will be in parallel and graally replaced for quite a long time. When the era of digital currency really comes, people will carry less and less cash, travel more and more safe, poverty alleviation more and more accurate, corruption more and more difficult to escape, and thieves more and more difficult
extended information:
in November 2016, the central bank prepared digital currency, and the cash is likely not to 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
so far, Hangzhou, Shenzhen and Guizhou have become the 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
4. The direct reason is human manipulation, because the transaction of digital currency must be carried out by people. At present, the value of digital currency is obviously too high, and the investment demand is bound to account for more
the fundamental reason is the law of value. When you always have too much money but it's useless, why do you take it? It's better to spend it quickly.
the fundamental reason is the law of value. When you always have too much money but it's useless, why do you take it? It's better to spend it quickly.
5. The calculation force obtained is that of URU
6. According to California Act No. 129 passed on June 28, 2014, the circulation of electronic money, points, vouchers, discount vouchers and gemcoin has been legalized in California
the news conference of gemcoin, the us rich monetary fund, was held at 11:08 a.m. on October 4, 2014 at Sheraton flushing hotel in New York
on behalf of Steve Chen, group president, Leonard Johnson, vice president of the US Regal monetary fund, announced to the New York public that gemcoin has been officially issued since September 1, 2014, and introced the intrinsic value of gemcoin, which has high appreciation potential and wide liquidity
in his speech, he affirmed the influence of gemcoin in the field of international virtual currency and the stability of its value
gemcoin issued by the us rich monetary fund is supported by AFG group's gem mines all over the world and will have wide circulation
gemcoin, the us rich monetary fund, held a grand press conference in New York on Saturday_ Figure 1-2
gemcoin is mainly circulated in gem mining and financial circles, with huge circulation. Gemcoin has gemcoin equivalent sales of the fund, issue gemcoin equivalent gifts (for example, invest $10000, get $10000 gem and get $10000 gemcoin)
the U.S. Regal monetary fund belongs to the monetary fund of AFG group, whose value is endorsed by AFG group
AFG group was founded in 2002, registered in Delaware, USA, and headquartered in Los Angeles. It is a large multinational enterprise. AFG group invests in finance, real estate fund (REIT), real estate, mining (GEM), auction, communication, biotechnology and aviation equipment. Our business covers North America, South America, Europe, Asia and Australia. The global total assets of the group reach more than 50 billion US dollars
all these have laid an incomparable market foundation for gemcoin and kept its value relatively stable
Gem Coins will be issued at US $0.05 from September 1
bitcoin has increased by 16257 times from the initial $0.06 issued in 2009 to the highest $979.45
virtual currency refers to non real currency. When virtual currency is linked with reality, virtual currency has its real value and can be traded and used to purchase goods and services. With the promulgation of ab-129 act, virtual currency has become a legal means of payment
virtual currency is mainly divided into the following categories:
1. Internet based digital currency represented by bitcoin
2. The points, vouchers and vouchers issued by businesses have commercial currency
however, the above two currencies have their own limitations. First, digital currency itself has no value. Its origin is a series of computer digital codes, and digital currency can only be used for circulation if it is accepted by both the payer and the payer. At the same time, its security has been widely questioned; The commercial currency issued by the merchant has a certain intrinsic value, which is often guaranteed by the merchant to pay, and can only be used to purchase the goods or services designated by the merchant. Both digital currency and commercial currency need a large number of users to be widely circulated
gemcoin issued by the us rich monetary fund is a new generation of virtual currency based on digital currency and commercial currency, which has carried out financial innovation. It abandons the inherent defects of traditional virtual currency and has high appreciation potential and wide liquidity
first of all, gemcoin has its intrinsic value. Its value is supported by gem mines all over the world by the holding group of American Regal Monetary Fund. At the same time, gemcoin will have wide circulation. The holding group of American Regal Monetary Fund has US $50 billion assets, and its business covers North America, South America, Europe, Asia and Australia, with more than 2 million users in the world, 3000 gem chain stores will be set up, all of which have laid an unparalleled market foundation for gemcoin
bitcoin has increased 16257 times from $0.06 originally issued in 2009 to $979.45, but it has no intrinsic value. There is no doubt that gemcoin, backed by the us rich Monetary Fund and gems, will surpass the brilliance bitcoin once created
gemcoin is strongly backed by AFG group and gem minerals, which has more room for appreciation and will lead the new trend of currency.
the news conference of gemcoin, the us rich monetary fund, was held at 11:08 a.m. on October 4, 2014 at Sheraton flushing hotel in New York
on behalf of Steve Chen, group president, Leonard Johnson, vice president of the US Regal monetary fund, announced to the New York public that gemcoin has been officially issued since September 1, 2014, and introced the intrinsic value of gemcoin, which has high appreciation potential and wide liquidity
in his speech, he affirmed the influence of gemcoin in the field of international virtual currency and the stability of its value
gemcoin issued by the us rich monetary fund is supported by AFG group's gem mines all over the world and will have wide circulation
gemcoin, the us rich monetary fund, held a grand press conference in New York on Saturday_ Figure 1-2
gemcoin is mainly circulated in gem mining and financial circles, with huge circulation. Gemcoin has gemcoin equivalent sales of the fund, issue gemcoin equivalent gifts (for example, invest $10000, get $10000 gem and get $10000 gemcoin)
the U.S. Regal monetary fund belongs to the monetary fund of AFG group, whose value is endorsed by AFG group
AFG group was founded in 2002, registered in Delaware, USA, and headquartered in Los Angeles. It is a large multinational enterprise. AFG group invests in finance, real estate fund (REIT), real estate, mining (GEM), auction, communication, biotechnology and aviation equipment. Our business covers North America, South America, Europe, Asia and Australia. The global total assets of the group reach more than 50 billion US dollars
all these have laid an incomparable market foundation for gemcoin and kept its value relatively stable
Gem Coins will be issued at US $0.05 from September 1
bitcoin has increased by 16257 times from the initial $0.06 issued in 2009 to the highest $979.45
virtual currency refers to non real currency. When virtual currency is linked with reality, virtual currency has its real value and can be traded and used to purchase goods and services. With the promulgation of ab-129 act, virtual currency has become a legal means of payment
virtual currency is mainly divided into the following categories:
1. Internet based digital currency represented by bitcoin
2. The points, vouchers and vouchers issued by businesses have commercial currency
however, the above two currencies have their own limitations. First, digital currency itself has no value. Its origin is a series of computer digital codes, and digital currency can only be used for circulation if it is accepted by both the payer and the payer. At the same time, its security has been widely questioned; The commercial currency issued by the merchant has a certain intrinsic value, which is often guaranteed by the merchant to pay, and can only be used to purchase the goods or services designated by the merchant. Both digital currency and commercial currency need a large number of users to be widely circulated
gemcoin issued by the us rich monetary fund is a new generation of virtual currency based on digital currency and commercial currency, which has carried out financial innovation. It abandons the inherent defects of traditional virtual currency and has high appreciation potential and wide liquidity
first of all, gemcoin has its intrinsic value. Its value is supported by gem mines all over the world by the holding group of American Regal Monetary Fund. At the same time, gemcoin will have wide circulation. The holding group of American Regal Monetary Fund has US $50 billion assets, and its business covers North America, South America, Europe, Asia and Australia, with more than 2 million users in the world, 3000 gem chain stores will be set up, all of which have laid an unparalleled market foundation for gemcoin
bitcoin has increased 16257 times from $0.06 originally issued in 2009 to $979.45, but it has no intrinsic value. There is no doubt that gemcoin, backed by the us rich Monetary Fund and gems, will surpass the brilliance bitcoin once created
gemcoin is strongly backed by AFG group and gem minerals, which has more room for appreciation and will lead the new trend of currency.
7. This question actually leads to a topic worthy of discussion: how do we see the "use" of the existing digital currency? Or how do we divide our understanding of digital currency
this division of cognition not only helps us understand digital currency, but also guides our behavior in the process of investment. So I'm going to analyze this topic in two or three articles
from the perspective of cognition, I divide all digital currencies into the following three categories:
the first category is that their value and consensus have been strongly recognized, almost indisputable, and have been transmitted from within the circle to outside the circle. This kind of currency is the least in the whole field of digital currency
this kind of currency typically includes bitcoin and Taiwan dollar. Bitcoin is recognized as "digital gold" and has repeatedly shown the characteristics of "sea calming needle" when the external political and economic environment is unstable; The profit model of platform currency is clear, especially the top three platform currencies have solid cash flow and income relying on the exchange
when talking about this kind of currency, both their consensus and value are highly recognized in the instry, and ordinary people can understand it outside the instry
when we talk about bitcoin with ordinary people, as long as we tell them that gold goes up, bitcoin goes up; When talking about platform currency with ordinary people, just tell them that platform currency is equivalent to the stock of securities companies, and they will immediately understand what we are talking about
although some people outside the instry do not agree with some consensus (for example, some people still do not agree with the value of bitcoin), this does not prevent ordinary people from understanding what we are talking about
the second type is that consensus has been reached, but the actual use value is still being proved, or the so-called "use value" can not show us the actual effect for the time being. This kind of currency is slightly more than the first kind, but also very few in the whole field of digital currency
this kind of currency typically includes Ethereum, EOS and cross chain projects in the field of smart contract
take Ethereum and EOS for example, they are highly expected by the instry. We hope to see that their smart contract function can proce killer applications and bring higher efficiency and lower cost to our daily life
in the past two years, Ethereum has developed a highly concerned defi Ecology (defi, decentralized finance, often referred to as distributed finance or decentralized Finance) in the instry
however, does this ecology have a direct relationship with the life of ordinary people or bring direct benefits? In fact, it does not exist at all. It is still a "niche ecology" in a small circle, far away from our daily life
the ecosystem developed by EOS in the past two years is far from the areas where we expect to bring value into play, and even there are not many people in the instry who pay attention to it
the concept of cross chain project is very novel when it first came out, and it is also considered by the instry to have great potential demand. But after a period of discussion, some people began to question whether this demand really exists
the instry has a consensus, or even a high consensus, on these currencies, but their current value is not satisfactory. Therefore, even if they are recognized by the instry, it is difficult for this consensus to be transmitted outside the instry, not to mention that ordinary people can understand these consensus and values
so we can't talk with ordinary people about what "defi" and "cross chain" are and what's the use
the third category is the currency whose consensus is still in the process of forming. The design objectives and scenarios of this kind of currency may not be understood or recognized by the instry, or even there are great differences in understanding. Their value is even more difficult to judge. This kind of currency accounts for the vast majority of the current market.
this division of cognition not only helps us understand digital currency, but also guides our behavior in the process of investment. So I'm going to analyze this topic in two or three articles
from the perspective of cognition, I divide all digital currencies into the following three categories:
the first category is that their value and consensus have been strongly recognized, almost indisputable, and have been transmitted from within the circle to outside the circle. This kind of currency is the least in the whole field of digital currency
this kind of currency typically includes bitcoin and Taiwan dollar. Bitcoin is recognized as "digital gold" and has repeatedly shown the characteristics of "sea calming needle" when the external political and economic environment is unstable; The profit model of platform currency is clear, especially the top three platform currencies have solid cash flow and income relying on the exchange
when talking about this kind of currency, both their consensus and value are highly recognized in the instry, and ordinary people can understand it outside the instry
when we talk about bitcoin with ordinary people, as long as we tell them that gold goes up, bitcoin goes up; When talking about platform currency with ordinary people, just tell them that platform currency is equivalent to the stock of securities companies, and they will immediately understand what we are talking about
although some people outside the instry do not agree with some consensus (for example, some people still do not agree with the value of bitcoin), this does not prevent ordinary people from understanding what we are talking about
the second type is that consensus has been reached, but the actual use value is still being proved, or the so-called "use value" can not show us the actual effect for the time being. This kind of currency is slightly more than the first kind, but also very few in the whole field of digital currency
this kind of currency typically includes Ethereum, EOS and cross chain projects in the field of smart contract
take Ethereum and EOS for example, they are highly expected by the instry. We hope to see that their smart contract function can proce killer applications and bring higher efficiency and lower cost to our daily life
in the past two years, Ethereum has developed a highly concerned defi Ecology (defi, decentralized finance, often referred to as distributed finance or decentralized Finance) in the instry
however, does this ecology have a direct relationship with the life of ordinary people or bring direct benefits? In fact, it does not exist at all. It is still a "niche ecology" in a small circle, far away from our daily life
the ecosystem developed by EOS in the past two years is far from the areas where we expect to bring value into play, and even there are not many people in the instry who pay attention to it
the concept of cross chain project is very novel when it first came out, and it is also considered by the instry to have great potential demand. But after a period of discussion, some people began to question whether this demand really exists
the instry has a consensus, or even a high consensus, on these currencies, but their current value is not satisfactory. Therefore, even if they are recognized by the instry, it is difficult for this consensus to be transmitted outside the instry, not to mention that ordinary people can understand these consensus and values
so we can't talk with ordinary people about what "defi" and "cross chain" are and what's the use
the third category is the currency whose consensus is still in the process of forming. The design objectives and scenarios of this kind of currency may not be understood or recognized by the instry, or even there are great differences in understanding. Their value is even more difficult to judge. This kind of currency accounts for the vast majority of the current market.
8. Digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
digital currency 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 currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography
it is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
extended information:
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
the relevant person in charge of the central bank said that the digital currency research team of the people's Bank of China should establish a more effective organizational guarantee mechanism, further clarify the strategic objectives of the central bank's issuance of digital currency, do a good job in tackling key technologies, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible.
digital currency 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 currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography
it is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
extended information:
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
the relevant person in charge of the central bank said that the digital currency research team of the people's Bank of China should establish a more effective organizational guarantee mechanism, further clarify the strategic objectives of the central bank's issuance of digital currency, do a good job in tackling key technologies, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible.
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