Digital currency and Internet lottery

1.

1. The concept range is different. bitcoin is a kind of digital currency, and the concept of digital currency covers bitcoin

However, some digital currencies have independent issuers

The biggest difference between bitcoin and other virtual currencies is that the total quantity of bitcoin is very limited and it has a strong scarcity. 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 21 million

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. Bitcoin is a digital currency

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 currencies, such as bitcoin, lettercoin and ppcoin, are electronic currencies created, issued and circulated by means of 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

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illegal digital currency

in recent years, "virtual currency" represented by bitcoin, Ethernet currency and Leyte currency has been traded centrally on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life

not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender (legal currency) issued by monetary authorities, but a specific virtual commodity in essence

therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing

2.

There is no relationship between digital currency and Internet of things.

related introction:

the application fields of digital currency and Internet of things are different

1. Internet of things:

through a variety of information sensors, RFID technology, global positioning system, infrared sensors, laser scanners and other devices and technologies

Digital currency:

is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

extended data

through various possible network access, the Internet of things realizes the ubiquitous connection between things and people, and realizes the intelligent perception, identification and management of goods and processes. The Internet of things is an information carrier based on the Internet and traditional telecommunication network. It enables all ordinary physical objects that can be independently addressed to form an interconnected network

and digital currency can be considered as a virtual currency based on node network and digital encryption algorithm, which mainly applies fast, economic and secure payment and settlement, establishes digital wallet through digital currency, realizes lower cost and more secure micro payment and capital transfer in areas with insufficient financial coverage and underdeveloped economy, and increases intermediate business income

3. On April 26, Xinhuanet published the article "the establishment of China virtual digital currency and Internet Lottery Development Research Center", which caused a large number of media reprints. The article mentions that "the Working Committee for culture of the Chinese nation and the Association for economic and cultural development of the Chinese nation jointly initiated the establishment of the Research Center for the development of China's virtual digital currency and Internet lottery, aiming at promoting the research on the issue of digital currency and Internet lottery under the current economic new normal."
later on May 6, China Business Times published the article "the establishment of Internet Lottery Development Research Center in Beijing", which first mentioned Hainan rizheng online sports Co., Ltd., saying that it was awarded the certificate of issuing, selling, trading, settlement services, organizing and planning all kinds of chess and cards issued by the Ministry of culture, the Ministry of instry and information technology, the Ministry of public security and the Bureau of instry and Commerce in January 2016 In addition, we will also issue the virtual digital currency "Jiuzhou coin" on a pilot basis Sina CAITONG)
this is an application scenario of digital currency. Digital currency can also exist as an asset category, such as token launched by European crowdfunding platform.

4. Internet currency, also known as virtual currency, digital currency or electronic currency, is totally different from the currency we use in reality. In the "Internet social form", people set up or participate in the community according to their own needs. Members of the same community form a common credit value based on the same needs. Internet currency is a "new currency form" formed on this basis
Internet digital currency itself will not cheat people. Internet digital currency is just a tool, it depends on the people who use it
since 2013, digital currency has been popular all over the world, and has been on the front page of major news for many times
however, the digital money pyramid schemes also emerge one after another
the typical mode of digital money pyramid selling is to choose a ready-made one, or simply program yourself to invent a digital currency
1. Package several "experts", "elites" and "government officials"
2. Publicize all kinds of cases of making a fortune online and offline. Design the illusion of digital currency appreciation
3. The cheated directly invest to buy the digital currency
4. Give the cheated a compound interest reward or a direct rebate after the end of the investment cycle. Rewards are also digital money itself
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6. Organizers sell a large number of digital currencies for cash, and the currency price will drop sharply
7. Claiming to be attacked by hackers, claiming to be controlled by makers, resulting in the decline of currency price
8. Running
the pyramid selling of digital currency is a combination of general pyramid selling, Ponzi scheme and direct selling. Compared with general pyramid selling, digital currency pyramid selling has three additional characteristics:
1. And the packaging is very advanced
2. Participants can get a head pulling reward. The prize is the digital currency itself
3. Digital currency tends to appreciate as more people participate in the scam. Participants can obtain the growth of the number of digital currency itself and the growth of book converted legal currency, including the lowest level participants
conclusion: in the early stage of digital money pyramid scheme, it is pyramid scheme, and in the later stage, it turns into Ponzi scheme immediately.

5. Internet digital currency is not deceptive, but a virtual network currency. Some foreign businesses can use virtual currency, such as bitcoin, but it is prohibited in China.

6. The central bank only plans to launch digital currency, but it has put it on the agenda. In fact, it has not taken any action. Now the time for the central bank to launch digital currency is not ripe. Moreover, the digital currency to be launched by the central bank corresponds to RMB and is controlled by the central bank. The design concept is different from bitcoin, Ruitai and Weimeng. The central bank needs to consider more issues, and the digital currency issued by the central bank can not be constant and can be increased at any time.