The conditions of digital currency

1. Step 1: build a digital token system
this is very simple. The code of bitcoin is public, and it is a kind of counterfeit currency after a simple change; Ethereum's technology is open source. You can find a program to issue a coin on Ethereum's public chain. Now most of the counterfeit coins are on the public chain of Ethereum, and the distribution of tokens is also directly in Ethereum's wallet, which is very convenient
Step 2: find someone to endorse
if the project can be implemented, it is possible to find a real influential tycoon, and by the way, it can also get an angel round to do marketing. If the project is air money, it may be a grassroots tycoon. In any case, now that the coin circle is just emerging, many "tycoons" are actually grassroots. If you can't, you can send candy directly by virus marketing
Step 3: prepare a white paper
this has to be written on the top. For high-quality coin, vision, code, planning, team and so on need to be well written, which takes a lot of time. But for air coin, it's OK to find a professional agent directly, and it can be written in one day
Step 4: promote marketing
find all kinds of coin circle media to advertise, or get a virus activity to invite candy delivery, so as to brush up the popularity
Step 5: love Western Europe
with a certain degree of popularity, you will begin to love Western Europe directly. Good projects are very simple, and they are often looted in a small scale. It doesn't matter if the air currency can't attract people. It's easy to find the agent investment channel to help you package the project
Step 6: contact the exchange
generally, they try their best to go to a well-known exchange. If there is no angel round, you can only take the money from aisio. It's not good. It's OK to go to an easy exchange
Step 7: public offering
once you are on the stock exchange, you will have enough confidence to speak. At this time, we can continue another wave of public offering. Anyway, what we give out are tokens, which can also attract more attention from the market
Step 8: go online
once the funds are sufficient and the quality of the project is good, there will be more mainstream exchanges. Once the mainstream exchange is finished, this is a reliable project
at present, ICO in our country has been banned, so we can only conct private placement.

2. digital currency is not protected by law in China, so it is not legal
the digital currency trading platform can be established by regular companies, many of which are regular
XX network company, XX technology company, etc., and some of which have been registered by ICP, but the currency itself is not very legal and is a legal blank
hope to adopt it

3. 2020 should not be so fast, but in the long run, China's digital currency will replace RMB in the future

4. You don't need any procere. You can send it whatever you want. What the central bank has clearly announced is that all digital currencies are illegal and can't be traded. If you catch them, you will be punished. So, there's no formality.

5. Issue conditions: proctivity (determining the total price of goods) determines the currency issue of a country. If a country's currency issuing institutions issue excessive amount of money, but the proctivity does not increase correspondingly, that is, the goods proced do not increase correspondingly. In this way, because of the relationship between supply and demand, more money will be used to buy goods, and the currency will depreciate internationally
formula: the actual amount of money needed in commodity circulation = total commodity price / average circulation times of the same unit of currency
[expansion] the issuance process of RMB is roughly divided into four steps:
(1) put forward the issuance plan of RMB and determine the annual money supply. Every year, the head office of the people's Bank of China puts forward a plan for currency issuance and withdrawal in accordance with the state's economic and social development plan, which shall be submitted to the State Council for approval before implementation. Including the design, printing and reserve of tickets and coins< (2) the State Council approves the money supply plan submitted by the people's Bank of China
(3) allocate the issuance funds. The issuing fund is the currency to be issued kept by the central bank for the state. It is a reserve fund for currency issuance. It does not have the nature of currency. It is kept by the people's banks at all levels that set up the issuance Treasury. The head office is in charge of it. The right to use the issuance fund belongs to the general Treasury
(4) daily cash collection and payment in general banking business library. The currency issue of RMB is mainly realized through the cash collection and payment business activities of commercial banks. After the commercial banks transfer the issuance funds of the people's Bank of China's issuance Treasury into the business Treasury, they pay the units and indivials from the business treasury through the cash cashier, and the RMB banknotes enter the market. This is called & quot; Cash delivery;. At the same time, every commercial bank has to recover a certain amount of cash from the market every day. When the inventory currency of the business bank exceeds the specified limit, the excess part should be sent to the issuing bank for safekeeping. This is called & quot; The cash belongs to the bank;. The process of currency from issuing bank to business bank is called & quot; Stock out;, That is, currency issue; The process of money returning from business bank to issuing bank is called & quot; Stock in;, That is, the return of money.

6. Digital currency is not protected by law in China, so it is not legal
the digital currency trading platform can be established by regular companies, many of which are regular
XX network company, XX technology company, etc., and some of which have been registered by ICP, but the currency itself is not very legal, and it is a legal blank
hope to adopt it

7. The main factors to be considered in issuing currency are as follows:
1 / total market money supply and demand
2 / market money turnover rate
3 / future money supply and demand gap
4 / total amount of foreign currency reserves and foreign currency substitution at home
5 / amount of rendant currency

1, whether the national debt issued by the state is sold to the central bank, and the central bank prints money to sell - No, Issuing national debt is a borrowing behavior, which has nothing to do with money supply. The state is the government and the Central Committee is the party
2—— No, the central bank is a government agency and does not accept investment. The central bank is under the leadership of the State Council and does not listen to foreign investors