The root cause of digital currency is the development of product

1. The digital development of money is an inevitable trend in the use of money, and it is also the internal demand of money in the performance of monetary functions.

2.

Digital money (electronic money or electronic currency) is a kind of money in digital form (different from paper money and coins)

it shows properties similar to physical currency, but it can allow real-time transaction and borderless ownership transfer. Examples include virtual currency, cryptocurrency and currency issued by central bank and recorded in computer database (including digital base currency)

like traditional currencies, these currencies may be used to purchase physical goods and services, but they may also be restricted in some communities, such as online games

digital currency is the currency balance that is electronically recorded on stored value cards or other devices. Another form of electronic currency is network currency, which allows value transfer on computer network, especially on the Internet. E-money is also a creditor's right to other financial institutions such as private banks or bank deposits

digital money can be centralized, that is, it has a central point to control the money supply, or it can be decentralized, that is, the control power can have different sources

3. There may be two situations. One is the emergence of a globally recognized digital currency, which can circulate globally. Another situation is the emergence of a super strong situation, just like the current international situation. This kind of digital currency may be issued by a powerful country or alliance, and other countries will also have their own digital currency, but it mainly plays a supporting role. bitcoin, Ruitai coin and vitality coin may only exist as an asset class at that time.

4. 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.

5. Digital currency is a relatively large concept. However, what we usually say about digital currency generally refers to the encrypted digital currencies such as bitcoin, Ruitai coin and Laite coin
there is no essential difference between virtual currency and digital currency, but it is only called differently. Digital currency is generally called high-end, and professionals generally call it digital currency. Virtual currency is the most popular term, which is generally used by those who don't know much about it.

6. Hello, with the continuous development of modern science and technology, digital information technology is more and more developed, and the developed countries in the world are slowly promoting the process of digital currency
therefore, as the world's second largest economy, we need to develop and implement digital currency
the above are my personal suggestions, which I hope will be helpful to your questions.

7. There are good and bad virtual currencies, such as bitcoin and Ethereum, complicated ones, such as EOS and wave field, and pure money frauds, such as 90% erc20 projects.
90% of stocks are money frauds. Don't look at how good PE looks. Next year, we will directly rece goodwill, not too elegant, and drop 90% in a straight line! I'm not talking about Tianshen entertainment. Please don't take your seat according to the number. I'm talking about all the small cap stocks
if you are not a technology stream, don't read the code or the white paper, then you can play with virtual currency
no matter what genre you are, don't touch stocks. You'd rather live than die

8.

The minimum penalty for the crime of organizing and leading pyramid selling activities is criminal detention, and the maximum penalty is fixed-term imprisonment of more than five years. Generally, fixed-term imprisonment is not more than 20 years

Article 224-1 of the criminal law:

in the name of marketing goods, providing services and other business activities, organizations and leaders require participants to pay fees or purchase goods and services to obtain the qualification to join, and form a hierarchy according to a certain order, and directly or indirectly use the number of development personnel as the basis for remuneration or rebate, so as to lure and encourage the development of enterprises Those who force participants to continue to develop pyramid selling activities that others participate in, defraud property and disrupt economic and social order shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also be fined; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined

MLM in criminal law is different from direct selling. MLM in criminal law is a kind of criminal behavior, and the starting point of criminal behavior is low, which can more severely crack down on criminal behavior and prevent the occurrence of criminal behavior. And legal direct marketing is not MLM, so it will not be punished

Further information:

MLM originated in the United States in the late stage of World War II, took shape in Japan after World War II, and developed in China

In foreign countries, MLM and direct marketing have the same meaning, that is to say, there is only the concept of MLM in foreign countries. The main concept of foreign MLM is to use the word-of-mouth generated by customers' use of procts as the driving force, and let customers help dealers to promote procts and share part of the profits, that is, customer communication sales. This is different from the domestic concept of MLM

however, in China's criminal law, pyramid selling (Chinese style pyramid selling) is a false company, a fictitious proct, and everything is empty. It just lets you pull your head and draw a small commission from the membership fee or franchise fee

or control personal freedom, confiscate property, so that you can't contact the outside world, learn those MLM training materials every day, so that you can learn how to cheat people, and then make a list, telephone or letter invitation, showdown, follow-up, until you pay the membership fee or franchise fee in various ways

Chinese MLM is built on the basis of mind control, that is to say, you can organize MLM spontaneously after brainwashing through their MLM training; Others will control your personal freedom, confiscate everything, and force you to accept these lies