Digital currency: talking about currency
since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable.
If it is around 2017, with the last round of bitcoin's super bull market, maybe many counterfeit currencies are indeed MLM currencies in essence. However, after so many years of washing up and the corresponding regulatory crackdown, the proportion of MLM in the digital money market has been relatively rare. However, it is undeniable that 9% of digital currencies are still deceptive, but they are no longer in the mode of pyramid selling to carry out the corresponding money circulation and leek cutting
if you really want to invest in a high-risk digital money market, it is recommended that you do not choose the so-called new currency, including a series of counterfeit currencies, and choose the top 10 digital currencies directly according to the current market value ranking for a corresponding transaction, In this way, the probability of losing money will be greatly reced, and all the principal will not be lost completely. Moreover, if you choose to trade, in view of the current market share, it is suggested that you should give priority to several formal trading platforms in the head, and the probability of running away is low< br />
have no value
It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value
since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable
extended data
to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"
new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income
in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />