Attitude towards digital currency

1. The central bank is about to issue its own digital currency CBDC

2. At present, trading is prohibited to prevent the use of virtual currency fraud.

3. The CFC classifies bitcoin and other virtual currencies as & quot; Commodities & quot; At the same time, each state has successively introced the digital currency regulatory laws and regulations to determine the regulatory framework of the digital currency instry.

4. That person thinks that digital currency is a trend in the future, and it will definitely replace our paper currency. Then, if you want to trade in different countries, you can trade in digital currency. Then decentralization and dollar removal will be implemented in the future. As for the investment direction, we should pay attention to it and invest appropriately.

5. At present, the government does not support or suppress it. As long as it is a formal good project, the government will graally accept it. It is said that EES is good

6.

At the G20 meeting, different countries held different views on digital currency, some strongly resisted it, and some actively supervised it. Now let's take a look at the attitudes of the G20 countries towards digital currency

In a statement, the Canadian Securities Regulatory Agency (CSA) said that considering the whole process of ICO issuance, many ICO tokens meet the definition of securities and require them to comply with the securities law. In addition, the CSA noted that ICOS may also be derivatives, subject to derivatives laws passed by Canadian securities regulators, including trade reporting rules. Regulators said they welcome companies that are about to conct ICO to enter the "regulatory sandbox" to test new financial procts in a limited environment

India

the securities and Exchange Commission of India is planning guidelines for the regulation of the bitcoin market in India. In addition, the securities and Exchange Commission of India set up a financial regulatory commission and held meetings with Reserve Bank of India (RBI) officials. The SEC also plans to regulate whether bitcoin derivatives and other cryptocurrencies are used to raise funds illegally

7. Digital currency is the need of future development. From animal tooth and shell currency to metal currency and paper currency, human beings have all developed for the development of Commerce and trade. It is not the proct of political groups. It is the proct of social and economic development. The right to issue currency is snatched from the people by political groups, which is forcibly snatched for the benefit of some economic and political groups Not all currencies are issued by the government: for example, the Hong Kong dollar, the euro and other digital currencies issued for banks and political groups are the proct of shearing and manipulation by interest groups like the United States. It is also the necessity of printing and issuing trade currency if you want to. It is the proct of social economic science and technology, so it is the necessity of development. I think digital currency is the medium of trade exchange in the future. Share source video.

8. Money, as a measure of the value of a transaction, itself does not necessarily have value, it can only be used as the intermediate unit of measurement. It's just like China has only RMB as legal tender, that is to say, government guarantee has value. For example, in those war-torn areas, ten jin currency may not buy an egg, which is the reason
back to digital currency, digital currency, until now, no country has recognized it as the currency in circulation of its own country. It seems that last year or the year before last, our country also banned some. In this case, digital currency can only be sold at a price higher than your purchase price, so that you can make money. But digital currency itself does not have any value. Unlike stocks, it is your ownership of listed companies. So if you can't find someone to buy digital currency, it's worthless
the Ponzi scheme in history, the Dutch tulip, when it was the most expensive, a tulip was worth buying a house. When no one bought it, all the tulips rotted. In addition, they couldn't get a potato. Therefore, Buffett said that digital money is a bubble, which is a hoax.
in addition, there is a saying in the stock market that when all the ladies in the vegetable market begin to discuss the stock market, it is the time when the stock market reaches its peak. In my opinion, this also applies to digital currency. When many people are discussing how to make money and how to make a lot of money, the risk has accumulated to a great extent. Most of the time, when the stock begins to fall, many people are still in the previous inertial thinking, thinking that it will rebound soon, and then it will get lower and lower, and they are more reluctant to sell it. This is why many people hold a high position on it
I'm not sure if it's the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no value as currency circulation and can only be sold to others. I think it's a fraud.