What about Ethereum usdt
BTC, usdt, ETH, BCH, LTC mean respectively:
1, BTC
bitcoin. The concept was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software is designed and released, and the P2P network is built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
2, usdt
TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar, and is a virtual currency kept in foreign exchange reserve account and supported by legal currency
EthEthereum is an open source public blockchain platform with intelligent contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether
4. BCH
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
at 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCH)
5, LTC
litecoin, abbreviated as LTC, currency symbol: & # 321;; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
source of reference: network bitcoin
source of reference: network TEDA coin
source of reference: network Ethereum
source of reference: network bitcoin cash
source of reference: network letcoin
source of reference: Network
1. The price of BTC and eth you see on this platform is not the real price against the US dollar, but the price in usdt, which is priced in OTC legal currency. Their ups and downs are all calculated in terms of usdt. All three of them are virtual currencies, just currency transactions, not real dollar prices
2. Usdt is a complete domestic counterfeit currency, formerly known as realcoin, but it has just changed its name. Realcoin is the second generation of domestic counterfeit currency, and the first generation is called chncoin Chinese currency. Both of them collapsed successively in 2013 and 2014
3. The actual value of usdt can be said to be equal to 0. Teda Company, which issued usdt, stopped providing any services to American citizens, that is to say, Teda Company could not provide usdt to us dollar
extended information:
1. Fire coin is a safe and reliable bitcoin trading platform in China. It has won a round of ten million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia capital (shareholders of many world-famous companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan
2. In the future, fire coin will mainly focus on overseas transactions. Founder Li Lin said in an open letter that he is currently carrying out five major businesses around the world, including fire coin global professional station, fire coin Korea, fire coin China, fire Coin Wallet and fire coin global dollar station. Among them, fire coin China focuses on blockchain technology R & D and application information, while fire coin Korea and fire coin global dollar station will continue to provide local legal currency to digital currency digital asset trading services
on September 15, 2017, huoyuan.com announced that registration and RMB recharge services will be suspended from now on, and all users will be informed before September 30 that they will stop trading. At the same time, all transactions of digital assets against RMB will be graally stopped before October 31. Fire money network said it will stop virtual currency trading on October 31, 2017. You can contact the fire coin net official consultation refund question
response time: March 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
it is different from the general equivalent: first, it is proced at different times; The general equivalent comes first and the currency comes second; Second, the general equivalent is not fixed in time, region and material quality, while the currency is fixed by gold and silver
money is a special commodity that acts as a general equivalent, a tool used as a medium of transaction, a storage value and a unit of account, and a material and symbolic appendage of people's commodity values. It includes not only currency in circulation, especially legal currency, but also all kinds of savings deposits. In the field of modern economy, only a small part of the field of currency is shown in the form of real currency, that is, the paper money or coins used in practice, and most transactions use cheques or electronic money. Currency area refers to the circulation and use of a single currency countries or regions
the essence of money at least includes the following aspects: first, money is issued by the state or institutions authorized by the state, which is the proct of the emergence of the state. Before the birth of the state, money can not be proced. Second, the scope of currency issuance is nationwide. Third, the object of money distribution is commodity (I use the concept of commodity here, and I emphasize here that only procts that realize exchange are commodities, and they are not commodities before they are exchanged with currency or other rights and interests.)
different currency areas need to introce the concept of exchange rate when they exchange currencies with each other. In modern economy, money plays a fundamental role. In macroeconomics, money is not only cash, but also cash plus a part of assets.