The challenge of digital currency to us dollar

1. The core value of CBDC can be summarized as four points: first, the original purpose is to let the central bank better manage money creation and supply, enhance the effectiveness of monetary policy transmission mechanism and better deal with the business cycle. Second, the construction of payment and clearing infrastructure based on blockchain related technologies can rece costs and increase efficiency. digital currency can greatly rece the cost of currency issuance, circulation, use and other links, and realize banknote free transactions, which is also in line with the current trend of rapid development of electronic payment. Third, it has given the central bank stronger control over the monetary system, such as KFC, anti money laundering, anti-terrorism financing, and some targeted policies. Before the launch of Libra, the central bank attached importance to CBDC mainly for the above three purposes. But now, the significance of CBDC in promoting the internationalization of RMB has become more important than ever. This is the fourth purpose of the central bank. Judging from the current progress of RMB internationalization, there are indeed many difficulties. One is the US led encirclement and interception, and the other is the turbulence in the stock and exchange markets. In order to break the encirclement led by the United States, realize the normal development of the stock exchange market and the foreign exchange market, and realize the internationalization of RMB, it is really a good way for the central bank to issue digital currency. On the 10th anniversary of RMB internationalization, RMB internationalization has made remarkable achievements. 13 international financial institutions around the world began to pay attention to China's bond market. In the tide of interest rate rection in developed countries, negative interest rate has become a conventional means, and China's bonds are very competitive in the world. As of the second quarter of 2019, 38 countries have signed currency swap agreements with China, with a total amount of 3.67 trillion yuan. The one belt, one road, which one belt, one road to push forward, is continuously creating demand for RMB internationalization, and the export of RMB has become an important means of "one belt and one road" internationalization of RMB. In addition, RMB is one of the most active currencies in the global foreign exchange market, and London has surpassed Hong Kong as the world's largest offshore RMB foreign exchange trading center. With the steady development of China's economy, RMB assets will continue to be favored by all countries in the world< One belt, one road or other friendly country, was also shared by the Central Bank of China when it issued the CBDC. It shared some of the mint rights with br />
CBDC. How to participate? Including the following two cases, let's take Kazakhstan as an example. The first is that Kazakhstan can issue RMB denominated Kazakh government bonds. The issuer is Kazakhstan, but the RMB denominated bonds are sovereign bonds for Kazakhstan, which can also be sold to the Central Bank of China in exchange for CBDC. The second is that Kazakhstan issues treasury bonds denominated in its own currency, which are issued by Kazakhstan and priced in its own currency. This method is the easiest for Kazakhstan, because this is their own national debt, which is sold to the Central Bank of China, which gives it CBDC. The similarities between the two lie in that they both sell treasury bonds to the Central Bank of China, but the issuers of treasury bonds are not the same, and the pricing currencies of treasury bonds are not the same, so the requirements for Kazakhstan are not the same. In theory, these ways can be used as a political tool to influence and regulate the relationship between the Chinese government and Kazakhstan<

4 digital currency will become the biggest magic weapon of RMB internationalization

China is now facing the biggest challenge, in terms of currency, in fact, the internationalization of RMB. The monetary settlement system based on US dollar has brought great problems to the decision-makers outside the US dollar. The best way to rece the status of US dollar is to replace us dollar with a global digital currency to end the dominant advantage of US dollar. The Chinese version of CBDC is likely to become the biggest magic weapon to promote the internationalization of RMB and end the hegemony of US dollar. The opportunity for RMB internationalization lies in the trend of de dollarization. Therefore, we need friendly countries other than US dollars to participate in China's digital currency. Taking the lead in the use of digital currency in block trading and financial settlement to bypass the restrictions on trading in US dollar will certainly realize the development of de dollarization and form a new currency trading system dominated by China and participated by many parties. So how to achieve it? In essence, it is to transfer benefits, so that non dollarized friendly countries can participate in the issuance process of CBDC, and even share the seigniorage of RMB. It is the most effective magic weapon to embody the spirit of democratization and benefit sharing of blockchain and bitcoin in the design of sovereign currency, which is also the most practical way to realize the internationalization of RMB.

2. Will currency say this to US dollars in banks? This is not necessarily because at present, digital currency has not included US dollars, or US dollars are not suitable for currency inction

3. Zero3 international settlement center adopts blockchain technology to complete cross-border payment through valuable digital assets euz. Compared with the traditional use of foreign exchange purchase and exchange between international banks, in 2018, ant financial services has actually tried to use blockchain technology in the field of international cross-border payment, so it is very good to use blockchain technology in Cross-border payment.

4. There is no necessary connection. It does not necessarily mean that the central bank will appreciate or depreciate the RMB against the US dollar if it tightens the currency. To meet the Marshall condition, tightening the currency now is mainly to prevent inflation

5. Not for the time being, not in the future

6.

For atoms: the number of electrons and protons is the number of elements. For example, h is element 1, which contains one electron and one proton

The neutron number should know the mass number. If you haven't learned this yet, the mass number can be simply regarded as the relative atomic mass, the number of neutrons = the relative atomic mass minus the number of protons. For example, if O is element 8, it has eight electrons and eight protons. Relative to the atomic mass of 16, the number of neutrons = 16-8 = 8

for ions, protons and neutrons are exactly the same as above, and electrons change, gain more and lose less. The method is similar

the number of electrons outside the nucleus = atomic number = proton number inside the nucleus = nuclear charge number (the number of electrons outside the nucleus of an ion = atomic number (sum) - charge number)

the maximum number of electrons held by each electron layer is 2n ^ 2 (n is the electron layer number). The number of electrons in the outermost layer is not more than 8 (when the k layer is the outermost layer, it is not more than 2). There are no more than 18 electrons in the second outer layer and 32 electrons in the last three layer

the extranuclear electrons are always arranged in the electron layer with the lowest energy first, and then from the inside to the outside, they are arranged in the L layer and then in the m layer. The above four laws are interrelated and cannot be understood in isolation

extended data:

neutrons exist in neutron stars as clusters (neutron stars are one of the few possible endpoints after supernova explosions e to gravitational collapse at the end of star evolution.) In the middle. The neutrons in the solar system mainly exist in all kinds of nuclei, and the neutrons in the elements are very rare β Decay is a change in which the neutron in the element releases an electron to become an element of the previous element sequence

Neutrons can be classified according to their velocities. High energy (high-speed) neutrons have the ability to ionize and penetrate deep into matter. Neutrons are the only ionizing radiation that can make other substances radioactive. This process is called "neutron excitation"“ "Neutron excitation" is widely used in the proction of radioactive materials in medical, academic and instrial fields

High energy neutrons can travel very long distances in air. Neutron radiation needs to be masked by hydrogen rich materials, such as concrete and water. Nuclear reactor is a common neutron source, and water is used as an effective neutron shield

arrangement rule:

1. The electrons are arranged in different layers from the nucleus to the nucleus, and the energy is from low to high

The maximum number of electrons in each layer is 2n2 (n is the number of electron layers)

There are no more than 8 electrons in the outermost layer (no more than 2 in the first layer), no more than 18 electrons in the second outer layer and no more than 32 electrons in the last three layers

In general, the electrons are always in the lowest energy layer, that is, the first layer, when the first layer is full, then the second layer, when the second layer is full, then the third layer

7. I'm glad to answer this question for you. Bitcoin means that it can be sold as high as possible.

8. With the advent of digital currency, the United States certainly can't collect wool all over the world. But. Digital currency. For the people of the whole country. It's not necessarily a good thing. Because every cent you spend. Try to save every cent. metropolis. There are records. You'll know where you're from. It means that people have no privacy any more.