What is STC virtual currency

1. Stecoin (STC), whose Chinese name is stecoin, is jointly developed by stecoin limited and bitcoin development team in the UK. It is optimized and upgraded compared with bitcoin. Based on the existing digital currency in the market, it combines the concepts of innovation, profitability, security and integration. Stecoin inherits the value-added attribute of the existing virtual currency, but it has more innovative operation mode and Internet financial thinking, and is more suitable for integrating into the digital life system
stecoin (STC) is a kind of global circulation, constant volume, anonymous trading, decentralization and real decentralization. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Stecoin (STC) is a network currency based on P2P network and cryptography, with a total amount of 36 million. Everyone can participate in the exploitation of stecoin (STC).

2. STC in economics stands for short-term total cost

short term total cost STC refers to the total cost of procing a certain proct in a short term. It is the sum of fixed cost and variable cost. The short-term total cost increases with the increase of output, which is an increasing function of output<

definition

the short-term total cost refers to the lowest cost for a manufacturer to proce each output level under a given factory scale

the short-term total cost is expressed as: STC = f (q) + B

about the cost equation, it can also be expressed as

STC (q) = w · L (q) + R · K

3.

It means total short-term cost

total fixed cost (TFC) is the cost for manufacturers to purchase fixed proction factors. Because the quantity of fixed proction factors does not change with the change of proction in the short term, even if the manufacturer stops business, fixed costs still need to be paid, including interest on borrowed funds, depreciation, rent of plant and equipment, etc., so the total fixed costs remain unchanged

The short-term total cost is expressed as: STC = f (q) + B

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extended data:

content

function form: TVC = TVC (q)

about the cost equation, it can be expressed as:

STC (q) = w · L (q) + R · K

TVC curve shows: because in the short term, manufacturers constantly adjust the input of variable elements according to the change of proction, so the cost equation can be expressed as:

STC (q) = w · L (q) + R · K

TVC curve shows that: in the short term, The total variable cost varies with the output. When the output is zero, the total variable cost is zero. After that, the total variable cost increases with the increase of yield

4. What is STC operator? I only know that STC is the acronym of size, time and cost. So 4 the answer is ABC. Also, I know that when changes occur in the system, the first sequence will always change, so it is difficult to get creative answers. It's the same with a lot of life without creativity. It's like a fly trapped in a bottle, running left and right, and never finding a way out. Where is the way out? We can try to use STC operator to solve these problems.

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6. From January 1999 to January 2002, they drove from Iceland and traveled to 116 countries, including countries and regions where travelers are not very adventurous, such as Angola, Congo, Sudan and East Timor. This cross century trip may also set a Guinness world record for the longest continuous car travel. Of course, what attracts us is not only the Guinness record created by this trip, but also Rogers, an unusual traveler. He is not only a traveler, he is also an investor. During the journey, with his unique views on society, politics and economy, he recorded what he saw and heard, corrected some stereotypes in people's minds, and predicted the investment prospects of various places. For example, he believes that there will be many opportunities to create wealth in Angola; After decades of turbulence, Bolivia may become a rising star because of its abundant natural gas resources; Europe is doomed to failure... China is an important stop in his journey. According to the itinerary behind the book, China is one of Rogers' longest staying countries. This is not only because ancient China has a strong attraction for westerners, but also because in Rogers' view, China will be a hot land for investment. Rogers even opened an account in the Shanghai Stock Exchange to buy B shares and made predictions on China's B share market. Rogers, a successful investor, shows readers a huge investment prospect with his rich personal experience. Rogers is an explorer, where he can always find the local investment value. As western book critics say, follow Rogers and you'll find gold for future investment. Following Rogers around the world and investing in the world, this book brings readers Rogers' investment journey in the new millennium.

7. George Soros:

the alchemy of Finance (Simon & Schuster, 1988)
opening the Soviet system (1990)
underlying Democracy (1991)
Soros on Soros: standing ahead of the curve (John Wiley, 1995)
the crisis of global capitalism: open society ended (public affairs, 1998)
Open Society: reforming Global Capitalism (public affairs, 2000) open society: the global capitalist crisis. Open Society: The Crisis of Global Capitalism (1998)
"Soros on globalization" George Soros on on (L, 2002) * / > "hegemony bubble in the United States: correcting the abuse of power in the United States". 2003)
the age of fallibility: consequences of the war on Terror (public affairs, 2006)
the new paradigm for financial markets: the credit crisis of 2008 and what it means (publicaffairs.com, 2008)
the crash of 2008 and what it means: the new paradigm for financial markets (2008)

the latest is the new paradigm for financial markets: the credit crash of 2008 and what it means (2008)

Jim Rogers

Rogers global investment travel 1993
Adventure Capitalist: The Ultimate Investor & 39; S road trip (2003)
investment in hot commodities 2005
bull market in China: dancing with the greatest market in the world; S great market (2007)

Buffett himself has never written a book!!! All the books about him are arranged by others. He just writes a letter to the company's shareholders every year to sum up the gains and losses of that year.

8. Jim Rogers, a man of the moment on Modern Wall Street, is known as the richest international investor and one of the most successful practitioners in American securities instry. He graated from Yale University and Oxford University and started his career in investment management. In 1970, he and Soros jointly founded the quantum fund. The average annual return of quantum fund has exceeded 50% for ten consecutive years. In 1980, at the age of 37, Rogers withdrew from the quantum fund and accumulated tens of millions of dollars for himself. After 1980, Rogers started his own investment business. Has become one of the greatest investors in the world. In 1999, he opened an account with the Shanghai Stock Exchange. No one knows the basis of Jim Rogers' judgment. In May 2004, he predicted that China's stock market would drop to the bottom in four to 16 months, and the stock index would drop to the lowest point in 13 months. He came to China for the seventh time since 1988. Rogers, known as the golden eye of Wall Street, is a world-class investor as famous as Soros and Buffett. A few days ago, CCTV's economic half-hour program reported an interview with him after he arrived in Beijing. Rogers: the 21st century is the century of China. (when the reporter met Jim Rogers at Beijing Capital International Airport, he had just gone through more than 10 hours' flight from Stockholm to Beijing and got off the flight of Air China. The first question he asked the reporter at the age of 65 was still about China's stock market.) Rogers: "I want to see the stock price chart of Air China." Reporter: "of course, but Mr. Rogers, I suggest you take a break." Rogers: "no, Air China is near the airport. I'm right here, so I don't have to go to the city to look back, so I'll look at it now." Reporter: "Why are you interested in Air China?" Rogers: "I hold a large number of shares of Air China and most of the shares of Air China. In the next three years, Air China will be a good opportunity for investors. Air China is the biggest and most important. It also has some problems in the past, so I want to go to the end and decide whether I want to buy more or sell more or do nothing." Buy or sell is a question. In the second half of 2006, the share price of Air China soared rapidly. Take Air China as an example, but in half a year, the price of a share rose from 2.98 yuan to 8.07 yuan.) In order to welcome this discerning guest, Li Jiaxiang, President of international airlines, personally went out to receive Mr. Rogers. When he saw Li Jiaxiang, Rogers impolitely threw out the problems that Air China is currently concerned about.) Rogers: "I want to know about aviation oil. As aviation oil soars, do you hedge it?" Li Jiaxiang: "Air China is the only airline in China that does aviation oil hedging." Rogers: "but now that oil prices are down, you don't get a profit by hedging." Air China hedged 39% of its aviation oil. When the price of aviation oil soared in the first half of 2006, Air China was still able to buy aviation oil at a lower price, which greatly saved the cost. However, the current decline in international oil prices may make the cost of aviation oil exceed the market price. However, Li Jiaxiang confidently answered this question.) Li Jiaxiang: "our current hedging price may be lower than the current market price." After that, Rogers visited the pilot training simulator and the maintenance hangar jointly built by Air China and Lufthansa. Although Li Jiaxiang has questions to answer, Mr. Rogers is making a detour about Li Jiaxiang's questions.) Li Jiaxiang: "I want to ask you, how many shares did you buy in Air China?" Rogers: "I have shares in Air China. I'm very happy because I've bought them for six months to a year or more." Li Jiaxiang: "you are afraid that I know how much money you make." During the short half-hour inspection, Rogers has been trying to find out the possible problems of Air China.) Rogers: how long have you been chairman of the board Li Jiaxiang: "six years." Rogers: did you come to Air China after you left the air force Li Jiaxiang: "yes." Reporter: "I noticed that you just asked the president a question about his background. Why do you ask him such a question?" Rogers: "in the past, Air China has always been a ZF. ZF usually takes part in a lot of control. A person gets a position not because of his intelligence, but because of whether he knows the key people. I want to make sure that he knows what he is doing and how to do the work in the aviation instry. If he is just a bureaucrat who knows the key people, it will be bad, But he's very clear about the aviation instry. " Reporter: "after the visit, what is your conclusion about Air China?" Rogers: "I'm going to buy, and I'm going to buy other Chinese aviation stocks." However, in the past six months, the average growth rate of domestic aviation stocks has exceeded 100%.) Reporter: "in fact, the aviation stock has risen a lot. Can we still buy it now?" Rogers: "I don't buy at this stage. As you said, they have risen a lot, especially in the past few months. I want to wait for something to happen and make the stock fall before buying. These may be market factors, oil prices or other factors. I don't know. I will buy then. By the way, China's travel will increase significantly in the next 10 or 20 years, so I am very optimistic about aviation stocks, not only in China, but also in the world, especially in China. " Rogers worked hard to "do his homework" for stock speculation (among the items Mr. Rogers carried with him were several bank passbooks and financial cards, all of which were his own RMB account opened in China. He wants to experience the relationship between the service and efficiency of the bank and the soaring stock price as an ordinary customer.) Reporter: "because you are confident in RMB?" Rogers: "yes, don't sell RMB. RMB is much better than US dollar." Reporter: "because the most stable." Rogers: "it's the strongest and most influential currency in the world, and it will remain so. The US dollar is devaluing, while the RMB is appreciating. Don't buy US dollars, buy RMB." Rogers comes to a bank.) Rogers: "I have a bank account. I want to print out the interest first." Staff: "this is an account opened in Shanghai. I can't print the balance, but I can check the balance, because I can't print the passbook in other places." Rogers: that's not true. Good banks shouldn't be like this. You see, it's the same bank, I'm the same person, and the computer is connected to the Internet, but it can't print for the same account? It's strange that I'm going to Shanghai to print bank interest. " Reporter: "it's not normal for deposit book users in other places." Rogers: "it's not normal at all. If I have an account at Citibank, I can print it in the United States, New York, Chicago or San Francisco as long as it's the same account." Mr. Rogers was a little surprised by the result, and then he went to two other banks to try, which disappointed him. Mr. Rogers believes that the Bank of China has not timely introced and applied relevant technical means to provide better services for customers, which shows that there is still a considerable gap between Chinese banks and world-class banks in terms of management and service awareness.) Reporter: "how do you evaluate the value of bank stocks?" Rogers: "like other instries, the evaluation of banking stocks is nothing special. It mainly depends on the company's profits, finance, balance sheet, development prospects and profits. If a company has a good profit, balance sheet and good prospects, you can buy this stock. However, you should not pay too high a price. At this moment, I won't buy the stock of ICBC, and it has gone up a lot. At this time, it is too expensive. I don't think Citigroup is good. I have sold the stock of Citigroup, but at this time, ICBC is too expensive and has gone up a lot. We need to wait for the stock price to come down and the market to cool down. " Rogers: Master of stock market Divination (Rogers appeared in the business department of Galaxy Securities Yuetan at 2 p.m. two years ago, he once opened a securities account for his wife and daughter here. An old lady once got his advice, and she was the first to recognize Mr. Rogers.) Shareholder: "at that time, you told me in front of many people that China's stock market would not rise until it fell to about 1000 points. As a result, it rose at more than 900 points. I admire you." Investor: "do we follow QFII, foreign investment banks or which one?" Rogers: "Chinese investors have more and more information and knowledge about what's going on, but I don't think they have become more mature, because the market is now in such a rising stage, and everyone is buying stocks hysterically no matter what. This is not a unique phenomenon in the Chinese market, but also in the world market. Sometimes the stock market keeps rising, People only know to buy, which is actually a dangerous market stage. " Rogers had to have a dialogue with some representatives of investment institutions and shareholders in Beijing ring this visit, which was full of gunpowder.) Shareholder representative: "you think there are risks now, but I don't think there are any risks now." Rogers: "you said there is no risk in the market. Please tell me which stock I should buy without risk. I have been investing for more than 40 years. I think I am at risk at any time. Please tell me the stocks of instries and companies without risk." Shareholder: "my market is very healthy." Rogers: "then please tell me which one has no risk. Please tell me, wait a minute. The lowest time was 3 yuan, and now it's 6.7 yuan. Do you say there's no risk?" Shareholder: "No." Rodgers: "now China has 50000 new stock accounts open every day. When we go to the Milky way securities, we see many people in a pile. This is not a manifestation of mature actions. This is actually the action taken by the market in the bubble stage. When the market is in such hysterical state, people must be very careful. Maybe I should not buy anything, but I didn't sell anything. I don't mean that the market can't continue to rise. I just say that I won't invest or buy stocks in such a market environment. I've been investing in the world for a long time. I've seen many dangerous signs, which is a dangerous sign, I am very optimistic and excited about the situation in China, but I can tell you now that the market should not be like this. " Reporter: "how long will the bull market last?" Rodgers: "two situations can make the bull market no longer sustainable. First, your ZF has taken effective measures to cool the market, or when the market has reached a very high level, the bubble burst. We hope that the market will not do this. We hope to cool down first and then rise again. This will be better and how long the bull market can last. I don't know. I hope I know." Jim Rogers, 65, is a legendary American financial investor. He founded the quantum fund with Soros. Later, he traveled around the world many times, investing in Portugal, Austria

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