Digital currency supported by gold in the future

1. Let's first explain digital currency. The real digital currency is issued by the state, based on the national credit, and stored in the form of electronic data. This is the national legal currency that can be circulated. So far, no country has issued digital currency, so has China. Therefore, anyone claiming to be a digital currency issued by the state is a fraud. The function of legal digital currency is the same as that of paper currency. So there is no concept of investment. Just imagine, would you spend 100 yuan to buy a ten yuan RMB? bitcoin is still a virtual currency, not a real currency. Bitcoin is an encryption algorithm based on the blockchain, and the calculation results are obtained. The biggest characteristics are decentralization, uniqueness and finiteness. Because of these characteristics, it is impossible for a country to use bitcoin as legal tender. So I have no objection to using bitcoin as a target of speculation. But if bitcoin is promoted as a digital "currency", I think it is suspected of cheating, because it does not have the characteristics of national legal tender. Some people in the world are willing to accept bitcoin transaction. I think it is actually a "barter" transaction, not a real currency transaction. At present, bitnet exchange can provide the most trading pairs, and investors can participate in leveraged trading and perpetual contract trading.

2. In theory, the central bank issues digital currency to replace paper money. However, this process is very slow, because the development of various regions in China is seriously unbalanced, and the acceptance of digital currency is also different. The digital currency trial run by the central bank is only applied to the bill market
in the future, there may be many digital currencies in China, and each digital currency will have its own application. For example, Puyin is a very interesting digital currency, which corresponds to the assets related to tea.

3. This is really true, and the income is quite high

4. "The future of wealth must belong to digital currency, not US dollar or gold." I don't know who said this sentence, but Ma Yun said it. In fact, Ma Yun did not say that. There is no sign that Mr Ma is positive about digital money. Taobao and Alipay under Ma Yunqi are prohibited from digital money.
however, the trend of digital currency is still unstoppable, and the Central Bank of China has begun to study digital currency. Bitcoin, Ruitai coin and Laite coin are still difficult to become a globally accepted digital currency, and can only be a small-scale thing.

5. The value of digital currency is to replace paper money and become the mainstream form of currency. It is also the trend of social development that digital currency replaces paper money. Now the central bank has started to develop digital currency, and it is possible that it will meet with us in recent years. However, when this digital currency was born, there may be many restrictions, and it is impossible to popularize it in a large scale
however, the digital currency planned by the central bank is also different from bitcoin, Leyte, decent and other digital cryptocurrencies, but it will be used for reference.

6. Go around. There should be a hole nearby

7.

In 1991, the Journal of cryptography published an article by S. Harper and w. stonetta, which discussed the method of adding time stamps to digital documents. In 1992, the same group of people discussed how to increase efficiency. This is the origin of blockchain technology. In 2008, the "blockchain" created by people or groups under the pseudonym of Nakamoto Tsung by bitcoin has a more idealistic color exclusive to the Internet

as one of many solutions of distributed computing, the most significant feature of blockchain compared with other distributed computing is that there is no need for administrators. For this reason, blockchain has paid a huge price in efficiency

Secondly, since digital currency is likely to become an important form of payment for sovereign currency in the future and contribute to the global use of sovereign currency, digital currency and gold are complementary and symbiotic. Blockchain provides a window to observe the real exchange rate and interest rate of sovereign currency. If we need to make the world generally accept the digital currency of sovereign countries, we need to first generally accept the credit currency of sovereign countries. As an ancient and widely accepted credit collateral, gold is obviously an important part of sovereign state reserves. With the impact of digital currency on traditional settlement system, the importance of local currency value will rise

especially with the explosive growth of global negative interest rate bonds, the number of credit collateral that can stably support the value of local currency is decreasing. At present, whether negative interest rate can last is a controversial topic in the academic circle. We tend to think that negative interest rate itself is a short-term phenomenon, and in the long run, it must be settled once and for all. In the process, as a traditional safe haven asset, gold is bound to have more space, and the trinity of gold (credit support), sovereign currency (credit medium) and digital currency (circulation means) will also be the international strategy of sovereign currency

the ideal of blockchain has failed, but the application of blockchain has just begun. The gold instry and gold should play an active role in this wave and contribute to RMB internationalization and instrial upgrading

8. It will replace most of the cash in the future, but it will also exist with cash for a long time. Digital currency is both beneficial and harmful. If there is a problem with the system, it will not be used.