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Virtualization of traditional currency

Publish: 2021-03-29 02:00:59
1. Currency virtualization refers to the graal separation of money from precious metals in the development and transformation into credit money. Credit money develops from paper money to bank account and credit card, and money is transformed into a pure value symbol. That is to say, money graally breaks away from its value entity (as the result of abstract labor) and value carrier (such as precious metals, bank notes) and becomes a pure value symbol

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2. Currency virtualization refers to the graal separation of money from precious metals in the development and transformation into credit money. Credit money develops from paper money to bank account and credit card, and money is transformed into a pure value symbol. That is to say, money graally breaks away from its value entity (as the result of abstract labor) and value carrier (such as precious metals, bank notes) and becomes a pure value symbol.
3. The future of money is hard to predict, but virtualization and digitization are a big trend. Digital portable, energy saving, environmental protection, fast payment and other advantages are more and more respected and welcomed by people. The rapid development of Alipay in China is the best example. Of course, the emergence of bitcoin has overturned people's understanding and definition of traditional currency. Bitcoin can solve some problems and shortcomings of legal currency. For example, people are dissatisfied with the devaluation caused by excessive currency issuance, the differentiated services in the traditional financial field, and people's need for privacy. Of course, bitcoin also needs to be acquired, and the cost is high. For example, bitcoin mining needs professional ASIC mining machines. These professional ASIC mining machines are expensive, but people still tend to be like cranes, indicating that bitcoin mining is still profitable. For example, the current price of the famous Avalon III 800g miner is 4.17 bitcoins, about 13000.
4. Of course, the central bank will also issue virtual currency. At present, it is suggested to do international work. For example: DGC.. Differentiable
5. So you are a layman. China should learn from the United States and make sure that the people's currency is printed for foreigners, so we should print more RMB,
6. What is the inevitable connection between economic control in several families and virtual payment?!
7. The digitization of money is a development trend in the future, which is credible. The digital currency that the central bank plans to issue has been successfully developed and will be released in the near future. It will first be applied to the bill market and will graally expand outward in the future

of course, it's not just currency digitization, most things are likely to be digitized in the future. Now, large tea groups in China have entered the digital currency circle, issuing the digital currency of Puyin with tea related assets as the subject matter. This digital currency is a standard digital currency. Theoretically, it has the value of appreciation, because the precious tea will appreciate.
8. The quantitative easing monetary policy of the United States, to put it bluntly, means that the United States continues to carry out the measure of overflowing US dollars in order to dilute the creditor's rights of various countries to the United States. It can also be understood that the depreciation of the US dollar is expected to continue or accelerate in the future. From this point of view, it is the response to the recent interest rate hikes in China, India and other countries. The purpose is obvious: "RMB is undervalued, and its appreciation rate is still very large.". In the final analysis, it is actually to accelerate the dilution of the huge US dollar debt held by China and other countries, so as to eat up the US debt owned by China and other countries in the exchange rate contrast
then, looking back, the wave of A-share market since the national day can be understood as driven by the expected changes in monetary policy. Its performance is that a large number of hot money poured into a shares, which led to a sharp rise in resource stocks such as coal and nonferrous metals. Of course, this is also caused by the sharp rise in global inflation expectations and international commodity prices. The surge of resource stocks led to the rise of financial, real estate and other blue chips, and the index quickly rebounded to near the top of April this year. However, most of the other small and medium-sized stocks show a callback trend, and the market shows that the two ends of indivial stocks diverge. And to the recent market index consolidation, stocks began to achieve the overall trend of relative coordination
on November 4, after learning about the quantitative easing monetary policy of the United States, the stock markets of various countries rose as a whole. On the 5th, a shares jumped high, opened slightly and went low, and Quanneng was released. However, the gap on April 19 was broken without any suspense
in the short term, this US policy can only bring a small shock to a shares, and the current index of a shares also needs a platform to digest the previous hold up. However, in the medium and long term, we should see the policy's role in promoting the expectation of RMB appreciation. As long as the expectation of RMB appreciation remains, hot money from the world, mainly from Europe and the United States, will continue to pour into China's capital market. As a virtual investment market, the stock market is bound to have arbitrage and speculation, The medium and long-term upward space of a shares is still there
in addition, I believe that if the medium and long-term market is true, then when the index shows a sudden upward trend, coal, nonferrous metals and other resource stocks and blue chips can still actively participate in it, while when the index is consolidated and stable, consumption and emerging instries are still the mainstream, which is the result of China's 12th Five year development plan.
9. Look at the percentage of circulation in the total, as well as the percentage of the top 20 of all coin holding addresses
the less the circulation, the more likely it is to be highly controlled
I hope I can help you.
10. The emergence and development of e-money has brought new problems to financial institutions in various countries, especially the direct or indirect impact of e-money on the current financial regulatory system. In order to maintain the stability and security of the financial system, prevent acts against the interests of consumers, and avoid vicious competition and disorderly behavior, e-money has become a hot topic, "Whether it is necessary for the government to supervise moderately" has become a concern in many countries. If we manage e-money as a kind of scientific and technological proct and follow the principle of unified specification and standardization, it is bound to contradict the proct diversification and the rapid evolution of technology and protocol in the process of the rise of e-money, and form a vacuum of rules and management in some business fields. Therefore, we need to improve the supervision of electronic currency through detailed legal provisions.
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