Virtual currency can't 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.
bitcoin has many advantages such as world circulation, decentralization, exclusive rights and fixed quantity, and its formation is also under the needs of human economic development. Therefore, with the development of bitcoin, its existence will bring certain challenges to the traditional currency. However, at present, although bitcoin believes in liberalism and the principle of science and technology, it has brought great challenges to the traditional currency. However, from the characteristics of bitcoin circulation, such as high risk, difficult supervision and instability, bitcoin can only coexist with the traditional currency for a long time in the future, but it can not replace the traditional currency.
the premise for virtual currency to replace real currency is the comprehensive popularization of global network, that is, even a person with nothing has to have something that can be connected to support the exchange of virtual currency, followed by national or international recognition that it is valuable, and finally the mature popularization of virtual reality and other technologies
as long as VR or AR technology can be popularized all over the world and an irreplaceable resource can be found in VR or AR, it should be feasible to use this resource as currency, unless a country / region has no contact with VR or AR technology at all
digital currency needs to be & quot; Miner Mining & quot; Generated, mining is through the computer graphics card hash operation, if calculated to & quot; Blasting & quot; The system will reward a certain amount of digital currency at one time. At present, the computing power of digital currency is growing rapidly, and the miners can't find the mine through several computers. Therefore, they need to join the mine pool. The mine pool collects all the computing power of everyone, and it is estimated that they can calculate to & quot; Blasting & quot; The probability of the value is greater.
Instry insiders believe that the trading platform mode of domestic virtual currency has come to an end. In the future, domestic virtual currency trading will be reflected in two ways: one is the OTC trading, which is concluded by the agreement of both investors, rather than relying on the bidding match of the trading platform; Second, some domestic trading platform business focus moved to overseas, or domestic investors went to overseas trading platform to invest in virtual currency
according to Zhao Shouguo, a professor at school of economics and management of Northwest University, such OTC transactions are not guaranteed, which also increases the difficulty of supervision. At the same time, he believes that the closure of mainstream virtual currency exchanges such as bitcoin in China has given many "Shanzhai currencies" opportunities