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Storage means of virtual currency

Publish: 2021-05-13 18:20:05
1.

No

banknotes do not have the function of storage means. Only when the value of paper money remains stable for a long time can people store paper money. The paper money has the function of storage means (in the bank), but does not have the function of storage means

The storage function of money is the function of money withdrawing from circulation and being preserved as the general representative of social wealth. As a means of storage, money can spontaneously regulate the amount of money in circulation. When the amount of money needed in circulation decreases, the surplus money will withdraw from circulation; When the amount of money needed in circulation increases, part of the stored money goes into circulation

As a means of storage, money must be real and valuable gold and silver money. Only gold and silver coins or gold and silver strips can play the role of currency storage

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extended data:

function of currency:

1. Value scale

value scale is the most basic and important function of currency, that is, currency acts as a scale to express and measure the value of all other commodities. The quantity of commodity value depends on the length of social necessary labor time. Here, social necessary labor time is the internal measure of commodity value

However, under the condition of commodity economy, the amount of commodity value can not be expressed directly by labor time, but only by currency as the representative of value. It can be seen that money performs the function of value measure

2. Means of circulation

means of circulation refers to the function of money as a medium of exchange in commodity circulation. Before the emergence of money, commodity exchange was the direct exchange of goods, that is, commodity commodity. After the emergence of money, commodity exchange is carried out through money as a medium, namely commodity currency commodity. Here, money plays the role of medium in the exchange of two kinds of commodities and performs the function of circulation means

3. Means of storage

meaning: storing wealth (the symbol of wealth) is not money in concept, but must be gold and silver bars (such as metal bars, etc.) of sufficient value

Means of payment refers to the function of money when it is used to pay off debts. In commodity exchange, the sale of goods can be carried out on credit instead of cash, and cash can be paid after a certain period of time. The Seller becomes the creditor and the buyer becomes the debtor. After the agreed time limit, the buyer pays off the debt to the seller in currency. Here, money plays the role of means of payment

5. World currency

meaning: when money plays a role as a general equivalent in the world market, we call it world currency. As a world currency, it must have full value, be a precious metal block, and play its role according to its actual weight. In fact, it is gold and silver that play the role of world currency. Paper money cannot be used as world currency

function: purchase foreign goods in the world market and pay the balance of payments. The need for real money, as a representative of social wealth, is generated when countries transfer from one country to another

2. A function of money, that is, the function of money withdrawing from circulation and being preserved as the general representative of social wealth. As a means of storage, money can spontaneously regulate the amount of money in circulation. When the amount of money needed in circulation decreases, the surplus money will withdraw from circulation; When the amount of money needed in circulation increases, part of the stored money goes into circulation. The money used as a means of storage must be real and valuable gold and silver money. Only gold and silver coins or gold and silver strips can play the role of currency storage
banknotes do not have the function of storage means
only when the value of paper money remains stable for a long time can people store paper money. The paper money has the function of storage means (in the bank), but does not have the function of storage means.
3.

As a means of storage, money can spontaneously regulate the amount of money in circulation. When the amount of money needed in circulation decreases, the surplus money will withdraw from circulation; When the amount of money needed in circulation increases, part of the stored money goes into circulation. The money used as a means of storage must be real and valuable gold and silver money. Only gold and silver coins or gold and silver strips can play the role of currency storage

banknotes do not have the function of storage means. Only when the value of paper money remains stable for a long time can people store paper money. The paper money has the function of storage means (in the bank), but does not have the function of storage means

extended data:

characteristics:

storage means should have three characteristics:

first, it is not easy to damage and deteriorate in the process of preservation

Secondly, when it needs to be used, it can be easily exchanged with other commodities and converted into the required form

Thirdly, its value is stable, and it can be converted into other items of the same quantity before and after storage

the transaction medium is the commodity that is most easily exchanged with other commodities, and naturally meets the second condition. At the same time, metal currency has the characteristics of storage resistance, which also meets the first condition. Paper currency is relatively poor in storage resistance, but bank deposits can help solve this problem

generally, the transaction media can also meet the requirements of value stability, because the implementation of the function of the transaction media itself also needs value stability. Therefore, money, especially metal money, can also be used as a means of storage

4. As a means of storage, money can spontaneously regulate the amount of money in circulation. When the amount of money needed in circulation decreases, the surplus money will withdraw from circulation; When the amount of money needed in circulation increases, part of the stored money goes into circulation. The money used as a means of storage must be real and valuable gold and silver money. Only gold and silver coins or gold and silver strips can play the role of currency storage
banknotes do not have the function of storage means
only when the value of paper money remains stable for a long time can people store paper money. The paper money has the function of storage means (in the bank), but does not have the function of storage means.
5. In principle, it is not. Because any currency may have inflation, leading to currency devaluation. For example, if the original 1 RMB = 1 gold, then when it depreciates, 1 RMB may be far less than 1 gold, and its purchasing power will drop a lot
however, under the leadership of our party, with the rapid development of social economy, inflation is almost impossible, so we can reserve some money~
6.

The withdrawal of money from circulation is a function stored as an independent form of value and a general representative of social wealth. The reason why money can perform the function of storage means is that it is a general equivalent and can be used to buy all goods, so money storage is necessary. As a means of storage, money can spontaneously regulate the amount of money circulation and play a role of reservoir. When the circulation of goods in the market shrinks and there is too much money in circulation, a part of money will withdraw from circulation and be stored up; When the circulation of goods in the market expands and the demand for money increases, some of the stored money will re-enter circulation
there are different views on whether paper money can be used as a means of storage. The traditional view is that only the real and valuable metal currency can be preserved and used as a means of storage. However, some people think that if the number of banknotes issued does not exceed the amount of metal money needed in commodity circulation, banknotes can represent the corresponding amount of metal and maintain a stable social purchasing power. Under this condition, paper money can also perform the function of storage means. Of course, if the circulation of paper money is too large, it will not be able to maintain its original purchasing power, and people are not willing to keep it. It can be seen that even if paper money can perform the function of storage means, it is conditional and unstable

7. Storage means: to store money as the representative of social wealth is the function of storage means of money

according to the traditional Marx's law of currency circulation, there is no inflation in the circulation of metal currency under the condition that the state finance does not interfere in the currency circulation, the metal currency is always sufficient, and the value of metal itself as currency does not fluctuate greatly. Because the metal itself as a currency is a commodity, a proct of labor, with value. Metal money plays the role of value storage means, and can automatically adjust the amount of money in circulation. When the amount of money in circulation exceeds the amount of money needed in commodity circulation, the amount of money purchased per unit decreases. At this time, the money holder is unwilling to use his money according to the devalued value, but stores it. This makes the surplus money withdraw from circulation spontaneously and makes the amount of money adapt to the needs of commodity circulation. On the contrary, when there is not enough money in circulation, the stored metal will go into circulation automatically. When Marx talked about the function of metal currency as a means of storage, he vividly compared it to a cistern. He pointed out that "the cistern of currency storage is not only a drainage channel but also a diversion channel for currency in circulation; So money will never overflow its channels of circulation. "
8. The storage function of money is to postpone the use of money. In theory, only metal currency, namely gold and silver, can perform the function of currency storage. Because credit currency, i.e. paper currency, has the risk of devaluation. However, under the condition that the financial environment is stable for a long time and will not be turbulent for a long time in the future, paper currency can also be stored.
9. Inflation is the general rise of price level, which is manifested by too much money pursuing too few goods, devaluation of currency, decline of purchasing power and rise of price

the credit currency itself has no value, just a value symbol, is a manifestation of the central bank's liabilities, and its circulation depends on the national credit and national compulsion. When the supply of credit money exceeds the demand, there will be inflation. Excessive issuance or faster circulation may be caused

according to the traditional Marx's law of currency circulation, there is no inflation in the circulation of metal currency under the condition that the state finance does not interfere in the currency circulation, the metal currency is always sufficient, and the value of metal itself as currency does not fluctuate greatly. Because the metal itself as a currency is a commodity, a proct of labor, with value. Metal money plays the role of value storage means, and can automatically adjust the amount of money in circulation. When the amount of money in circulation exceeds the amount of money needed in commodity circulation, the amount of money purchased per unit decreases. At this time, the money holder is unwilling to use his money according to the devalued value, but stores it. This makes the surplus money withdraw from circulation spontaneously and makes the amount of money adapt to the needs of commodity circulation. On the contrary, when there is not enough money in circulation, the stored metal will go into circulation automatically. When Marx talked about the function of metal currency as a means of storage, he vividly compared it to a cistern. He pointed out that "the cistern of currency storage is not only a drainage channel but also a diversion channel for currency in circulation; So money will never overflow its channels of circulation. "
10. Of course, money has means of storage, but now it has graally become the money illusion in the wealth illusion: money, as the representative and general form of general wealth, is imagined as wealth itself, and the symbolic value of money is imagined as the value of wealth entity
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