Why is digital currency not a general equivalent
the general equivalent is the basis of the emergence of money and the development of the general equivalent
this problem should be seen from the origin of money
accidental barter -- expanded barter -- emergence of general equivalent -- emergence of currency
before the emergence of money, the general equivalent has appeared, but it is not fixed. Many commodities have served as general equivalents. This is the most important difference between them
if you want to answer a short answer question, you can answer it according to the following ideas:
Contact:
1
2. It can be directly exchanged with all other commodities to show the value of other commodities
differences
1; Money came into being after the second division of labor
2; It has a wide range; Currency has a narrow extension and scope, especially gold and silver
3; Money is fixed in these three aspects.
The role of digital currency:
1. First of all, the central bank's digital currency can provide a huge data base for monetary policy and macro Prudential policy, so that the regulatory authorities can collect real-time trading books of different frequency and different institutions according to their needs, and it is complete and real. This information advantage can help the central bank use policy tools more accurately and flexibly
Secondly, the central bank's digital currency technology can track the flow of funds and help the regulatory authorities to comprehensively monitor and assess financial risks. Finally, the central bank's digital money technology is concive to the transmission of interest rate of monetary policy. Digital currency technology supports "point-to-point" payment and settlement, which can improve the liquidity of market participants. Only the digital currency of the central bank, which is generally accepted by the whole society, can radiate this advantage to the participants of different financial markets, so as to improve the liquidity of financial markets. This will make the term structure of interest rate smoother and the transmission mechanism of interest rate smoother
extended data:
digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects: because it comes from some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing; Because the number of algorithm solutions is fixed, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency; Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
the equivalent is the commodity which is in the status of equivalent form in commodity exchange and used to express the value of other commodities. It has the nature of direct exchange with other commodities
with the further development of commodity exchange, a kind of socially recognized thing that can express the value of all other commodities is separated from the commodity world, which is the general equivalent
the general equivalent is the material to show the value of all goods, the measure to measure the value of all goods, and the special goods that can be directly exchanged with all goods. That is to say, in the past, if you could only exchange cattle for sheep or other livestock, now cattle can exchange rice for daughter-in-law-
later, it was graally fixed on gold and silver, and the general equivalent of gold and silver was money, which was the essence of money
that is to say, money is born to price and exchange goods, which is the essence
The general equivalent is the commodity separated from the commodity and serves as the unified value expression material of all other commodities
RMB is just a special symbol, which is issued by the state. It has no value in itself. If it is separated from the concept of the state, RMB has no meaning
in this equation series, iron, wheat, coffee, potash and so on are the same labor, that is, the embodiment of labor materialized in gold, As value, they are the same, the same incarnation of the same labor or the same incarnation of labor, which is gold. As the same incarnation of the same labor, they have only one difference, that is, the difference of quantity, or the expression of different quantities of value, Because their use value contains different labor time. They are such a single commodity, but because they have a relationship with the general labor time itself, that is, the same separated commodity gold, they also have a relationship with each other as the embodiment of the general labor time, The labor time contained in gold is shown as general labor time. A certain amount of this general labor time is shown in different amounts of iron, wheat, coffee and so on. In a word, it is shown in the use value of all commodities, or in the infinite series of commodity equivalents, Gold directly uses all commodities to express its exchange value. When commodities endow each other with the form of exchange value, they endow gold with the form of general equivalent or currency.
because all commodities use gold to measure their exchange value according to the proportion of a certain amount of gold and a certain amount of commodities with the same amount of labor time, gold becomes a measure of value, On the other hand, the exchange value of all commodities is now expressed in gold, The exchange value of goods exists as the embodiment of the same labor time; On the one hand, it shows the general nature of the labor time contained in each commodity, on the other hand, it shows the amount of labor time in their gold equivalent. The exchange value of a commodity is thus a special commodity, or, The only equality of goods with a special kind of goods, as a general equivalence and also as the degree of equivalence, is price. Price is the transformation form of the exchange value of goods when it appears in the circulation process
how to use the important data recovery and protection features of Windows XP. It also includes the best solutions and steps needed to establish an effective data recovery and protection strategy
please refer to here, There are detailed contents for you to study:
EFS improvement in Windows XP
overview of data recovery
data recovery using EFS
Data Recovery - best practices
Data Protection - best practices
Data Recovery vs key recovery
troubleshooting
summary
related links
Knowledge Base articles about EFS