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Can digital currency replace paper money

Publish: 2021-03-27 23:01:22
1. Here's what central bank governor Zhou Xiaochuan said: in the future, digital currency will graally replace traditional currency
we can't say the timetable of digital currency yet. China has a large population and a large volume. For example, a new version of RMB can be changed in a few months for small countries, but it will take about 10 years for China. Therefore, digital currency and cash will be parallel and graally replaced for quite a long time. In the later stage, the transaction cost of cash will graally rise. For example, in the past, banks were asked to count a large number of coins, and there was no charge for them. Later, they may need to charge. With the incentive mechanism, people will naturally use more digital currency, but the two will still co deposit in the longer term
the central bank's issuance of digital currency is also inspired by cryptocurrencies such as bitcoin and lettercoin, and the European crowdfunding model of combining digital currency with real assets also draws on the experience of bitcoin.
2. Digital currency will be a supplement to the currency series, completing the same payment and clearing functions as paper money. Of course, digital currency has its unique advantages, and new currency application functions may appear in the future. Compared with paper money, digital money is more convenient and easier to store, but when it comes to replacement, it is not necessarily possible, at least in the short term.
3. The purpose of issuing digital currency by the central bank is to replace physical cash and rece the cost of issuing and circulating traditional paper money,... In short, the digital currency researched and issued by the central bank is index RMB, which is a kind of legal encrypted digital currency.
4. Not in the short term, not in decades at least. How many people can't even understand the use of smart phones
5. Hello! Hope to help you
Malaysian currency can only circulate in one country, while MBI's M currency can withdraw cash from any ATM with visa logo. That is to say, it can be directly consumed by any business in the world, and the virtual becomes a reality. This is the inevitable trend in the future.
6. Magic iron, pure gold, krypton gold are valuable, although magic iron itself can not, but it often out of flame particles.. It's very valuable.. There are many iron mines in Hellfire Peninsula
the main thing is to have a bird with 280% speed. If you fly each map a few more times, you will know several fixed brush points.
7. In theory, digital currency can work, but in fact, it still needs a long way to go to replace paper money with digital currency. Although the central bank's digital currency plan has completed two rounds of revision, it is still in the theoretical stage and has not been put into practice
the replacement of paper money by digital currency can only be realized in the eastern coastal developed areas and some big cities, but it is unrealistic in some remote areas, and the infrastructure can not keep up
bitcoin, lightcoin and decent are known as global circulation, but in fact, the scope of circulation is very limited.
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