Silver virtual currency
Publish: 2021-03-25 08:32:29
1. Relationship: neither is money
money is widely accepted as a medium of exchange and a means of payment. Although bitcoin and silver can be used as means of payment, they will not be directly linked to any currency. At the same time, unlike money, both gold and bitcoin are in limited supply. The gold supply of the earth depends on the underground reserves, and the creation limit of bitcoin is 21 million
difference: silver is a commodity, but bitcoin is not
silver can be used in business, is a hard asset, and can be used as instrial supplies and commodity materials. But bitcoin can't be held, it's just a virtual currency
at the same time, bitcoin and silver must have serious limitations in terms of utility and storage. The value of bitcoin is mainly concentrated in speculation, which is strictly controlled by various countries. Recently, China has also launched a crackdown on bitcoin
however, silver has a great hedging effect on inflation. With the increasingly severe international political environment, silver investment will become more and more popular.
money is widely accepted as a medium of exchange and a means of payment. Although bitcoin and silver can be used as means of payment, they will not be directly linked to any currency. At the same time, unlike money, both gold and bitcoin are in limited supply. The gold supply of the earth depends on the underground reserves, and the creation limit of bitcoin is 21 million
difference: silver is a commodity, but bitcoin is not
silver can be used in business, is a hard asset, and can be used as instrial supplies and commodity materials. But bitcoin can't be held, it's just a virtual currency
at the same time, bitcoin and silver must have serious limitations in terms of utility and storage. The value of bitcoin is mainly concentrated in speculation, which is strictly controlled by various countries. Recently, China has also launched a crackdown on bitcoin
however, silver has a great hedging effect on inflation. With the increasingly severe international political environment, silver investment will become more and more popular.
2.
Silver began to be used as currency more than 4000 years ago
in ancient times, people knew about silver. Silver, like gold, is a precious metal with a long history of application, which has a history of more than 4000 years
Due to the unique excellent characteristics of silver, people once endowed it with al value of currency and decoration. Pound sterling and silver dollar used before the liberation of China are silver and copper alloys mainly made of silver. In the Qing Dynasty, one liang of silver was equivalent to 400-500 yuan today{rrrrrrr}
extended materials:
classification
1, silver yuan
silver yuan, also known as "silver yuan", is a kind of currency circulating in the market in the past in China. There are many kinds of currencies, such as various Longyang in the late Qing Dynasty, Sun Yat Sen's founding commemorative coin, Yuan Shikai's silver yuan, Sun Yat Sen's boat like coin, There are also Chinese Soviet coins, Sichuan & quot; Han & quot; In addition, some foreign silver coins, such as Zhanyang, zuoyang, Yingyang and Japanese Longyang, are also circulating in China
Silver bars are long strips with different sizes, about 300g in weight, 950 ‰ in good fineness and 900 ‰ in general fineness. 925 ‰ is the most common. It is the raw material for making silver ornaments. The ones below 900 ‰ are grayish white, hard, with copper sound, no honeycomb on the bottom, and black and red on the surface after burning Songjiang ingot is similar to nipple in appearance, gray black in surface, about 180g in weight, about 950 ‰ in fineness, with prominent lead glaze, deep honeycomb at the bottom, 15g lead glaze on each ingot, which has been removed in some places (Beijing area), with strike marks, forming a square top and round bottom3.
RMB silver is paper silver,
"paper silver" is a kind of personal voucher silver, which is a new precious metal investment variety after paper gold. Investors buy and sell on the book according to the bank quotation; Virtual & quot; Silver, by grasping the trend of international silver, indivials can earn the fluctuation of silver price
the trading records of investors are only opened in advance by indivials; Silver account & quot; On the other hand, there is no withdrawal and delivery of physical silver
{rrrrrrr}
extended data
trading time
the price change of paper silver comes from the price fluctuation of international silver, so the trading time of paper silver is the same as that of international silver (except holidays): the market opens at 7:00 a.m. on Monday and closes at 4:00 a.m. on Saturday, with 24-hour trading in the middle
transaction cost
the minimum transaction volume of ICBC paper silver is 1g, so the transaction cost is the current paper silver price (e.g. 6.3 yuan / g) multiplied by 1g is the transaction cost (e.g. 6.3 yuan / g * 1g = 6.3 yuan)
In theory, ICBC does not charge transaction fees, but we regard the point difference (or difference) between the buying and selling prices of ICBC paper silver as the transaction fees of paper silver investment; At present, the difference between paper and silver of ICBC is 0.04 yuan per gramsource: Internet paper silver
4. 21 million silver yuan refers to the Spanish ocean, 21 million silver yuan = 14.7 million taels of silver
in the Sino British Treaty of Nanjing, it is stipulated that "China's indemnity is 21 million silver yuan", while in the later Sino foreign treaties, China's indemnity is "several two silver dollars". Why has the name and unit of calculation changed? It turns out that this is closely related to the different states of China's foreign trade before and after the first Opium War
before the Opium War, in the trade between China and foreign countries (mainly between China and Britain), China was in the position of going out of the market and gained a lot of trade profits from foreign countries every year. At that time, Britain prevented the outflow of money and prohibited the export and circulation of its own silver coins. Therefore, the foreign trade profit made by China was not the pound, but the Spanish foreign currency gained by British businessmen from world trade. This silver coin is native to Mexico. Mexico was the largest silver procing area in the world at that time. It began to make silver coins ring the period of Spanish colonial rule. This kind of silver is known as the Spanish native ocean and the "Buddha's head" in Guangdong. It has the advantages of uniform quality, neat specifications, easy to calculate and carry. It is widely circulated among the world's colonies. British businessmen also use this kind of silver in the normal trade with China. As China is in the position of surpassing in the trade between China and foreign countries, a large number of such silver dollars flow into the Chinese market, especially in Guangdong. The Treaty of Nanjing signed by China and Britain stipulates that China will compensate Britain 21 million silver dollars, which refers to this kind of Spanish ocean. This actually reflects the historical phenomenon that although China was closed to the outside world at that time, there was not no trade between China and foreign countries, and China gained a lot of foreign exchange from it
some people think that the silver dollar in the Treaty of Nanjing refers to another kind of Mexican currency, the "Eagle ocean", which is wrong. After Mexico declared independence in 1821, it stopped casting Spanish currency. Later, it began to cast its own currency. The pattern of the coin has the national emblem, so it is commonly known as "Eagle ocean". However, according to reliable records, Yingyang flowed into China from 1854 to 1856 (the fourth to sixth year of Xianfeng), and could not be used as the currency of China's foreign reparations after the first Opium War
then why did the foreign indemnity after the Nanjing Treaty be changed to silver? Because after the Opium War, China graally became the raw material procing area and commodity market of Western powers, and lost its dominant position in Sino foreign trade. China's silver flowed out in large quantities, so it had to pay a huge amount of reparations with traditional Chinese silver ingots
Silver
in the Qing Dynasty, the price of silver against copper was about 1000 Wen at the beginning of the 19th century, and 1650 Wen at the eve of the Opium War
References:
http://www.pep.com.cn/200406/ca413338.htm
in the Sino British Treaty of Nanjing, it is stipulated that "China's indemnity is 21 million silver yuan", while in the later Sino foreign treaties, China's indemnity is "several two silver dollars". Why has the name and unit of calculation changed? It turns out that this is closely related to the different states of China's foreign trade before and after the first Opium War
before the Opium War, in the trade between China and foreign countries (mainly between China and Britain), China was in the position of going out of the market and gained a lot of trade profits from foreign countries every year. At that time, Britain prevented the outflow of money and prohibited the export and circulation of its own silver coins. Therefore, the foreign trade profit made by China was not the pound, but the Spanish foreign currency gained by British businessmen from world trade. This silver coin is native to Mexico. Mexico was the largest silver procing area in the world at that time. It began to make silver coins ring the period of Spanish colonial rule. This kind of silver is known as the Spanish native ocean and the "Buddha's head" in Guangdong. It has the advantages of uniform quality, neat specifications, easy to calculate and carry. It is widely circulated among the world's colonies. British businessmen also use this kind of silver in the normal trade with China. As China is in the position of surpassing in the trade between China and foreign countries, a large number of such silver dollars flow into the Chinese market, especially in Guangdong. The Treaty of Nanjing signed by China and Britain stipulates that China will compensate Britain 21 million silver dollars, which refers to this kind of Spanish ocean. This actually reflects the historical phenomenon that although China was closed to the outside world at that time, there was not no trade between China and foreign countries, and China gained a lot of foreign exchange from it
some people think that the silver dollar in the Treaty of Nanjing refers to another kind of Mexican currency, the "Eagle ocean", which is wrong. After Mexico declared independence in 1821, it stopped casting Spanish currency. Later, it began to cast its own currency. The pattern of the coin has the national emblem, so it is commonly known as "Eagle ocean". However, according to reliable records, Yingyang flowed into China from 1854 to 1856 (the fourth to sixth year of Xianfeng), and could not be used as the currency of China's foreign reparations after the first Opium War
then why did the foreign indemnity after the Nanjing Treaty be changed to silver? Because after the Opium War, China graally became the raw material procing area and commodity market of Western powers, and lost its dominant position in Sino foreign trade. China's silver flowed out in large quantities, so it had to pay a huge amount of reparations with traditional Chinese silver ingots
Silver
in the Qing Dynasty, the price of silver against copper was about 1000 Wen at the beginning of the 19th century, and 1650 Wen at the eve of the Opium War
References:
http://www.pep.com.cn/200406/ca413338.htm
5. 1. The history of the world's use of silver
the history of human use of silver can be traced back to 3000 BC. In 700 BC, merchants in Mesopotamia began to use silver as a form of exchange. Later, other ancestors began to realize the intrinsic value of silver as trading gold
the ancient Greeks minted drachma silver coins with silver content of 1 / 8 ounces. In Rome, the basic coin was denarius silver, weighing one seventh of an ounce. The British shilling currency also originally represented a certain amount of silver
nowadays, millions of people around the world recognize the intrinsic value of silver and generally regard silver as an affordable investment. In the United States, participants in indivial pension accounts invest a portion of their portfolio in silver coins and bars of 99.9% or more purity< 2. The development history of silver in China
silver, like gold, used to be the legal tender (monetary raw material) of many countries in the world, with the function of financial reserve and an important means of international payment. Chinese ancestors have a long history of understanding and using silver. Silver was made into handicraft and currency very early. In ancient China, silver was widely used as currency after the Tang and Song dynasties. In the Yuan Dynasty, the silver standard system was further strengthened. The government regarded silver as an important currency, and silver ingot "Yuanbao" appeared. In the Ming and Qing Dynasties, the silver standard system was strengthened. Silver became official currency in the Ming Dynasty, and Yuan Bao, broken silver and silver yuan became legal currency in the Qing Dynasty. Silver played an important role in the economic development of the Ming and Qing Dynasties. It was not until 1935 that the Chinese national government announced the issuance of legal currency and the abolition of the silver standard that the use of silver as currency was restricted. However, silver yuan circulated among the people until 1949<
Ming Dynasty: in the early Ming Dynasty, e to the prohibition of merchants, gold, silver, copper and tin from going to sea, the use of copper coins in China was strictly prohibited, and silver mines were not valued. In Yongle's later years, he was determined to communicate with other nationalities. He served as an emissary and used Zhonggui eunuchs. He started in the West with Zheng He and Jing Hong, in the western regions with Li Da, in the north with Hai Tong, and in the West with Hou Xian. In order to meet the expenses, the imperial court began to pay attention to silver mining. He successively dispatched officials to mine minerals in Shaanxi, Fujian and other places, set up gerongxi Yinchang Bureau, and established Yunnan Dali Yinye. After Xuande, gold and silver mining stopped and went on, including private mining, official mining and so-called "traitor" private mining. Disputes continued, and the government forces often fought with the "mine thieves". Each bank had its own tax office supervised by officials dispatched by the imperial court. Since then, the silver mining tide began, and its peak was in the Wanli period of Jiajing. From the Ming Dynasty to Jiajing, silver had become the currency in circulation throughout the country. The transactions of great value were valued by silver, and silver was also widely used by the people. During the years of Jiajing and Wanli, silver mines began to be mined in Henan, Yunnan, Shandong and Sichuan. Until the end of the Ming Dynasty, many private miners gathered in various places, forming a historical torrent with the peasant uprising army<
Qing Dynasty: the monetary system of Qing Dynasty basically followed that of Ming Dynasty, using copper and silver coins, and partially using the transfer department and Qing Dynasty treasure banknotes in a short period of time
silver is used for general large transactions, and copper is used for small and sporadic transactions. Due to the development of social economy, the use of silver is more common, and the low position of silver is more important. After the middle of Qing Dynasty, silver coins were commonly used in the market. They purchased machine-made silver coins from foreign countries, and circulated in parallel with the popular Spanish and Mexican silver coins, other foreign silver coins, and new silver coins
Republic of China: ring the period of the Beiyang government, the circulation of national currency became wider and wider, and all kinds of old silver dollars did not completely withdraw from the market circulation. The trade was still based on silver, and silver dollars were converted into silver< However, the establishment of the silver standard also has some shortcomings. Because a large amount of silver is used as currency material in the north, the shortage of silver is more obvious in China, where the proction of silver is not abundant, and silver has to rely on imports. Therefore, the fluctuation of the world silver market directly affects the stability of China's currency value, and then affects all aspects of China's social economy.
the history of human use of silver can be traced back to 3000 BC. In 700 BC, merchants in Mesopotamia began to use silver as a form of exchange. Later, other ancestors began to realize the intrinsic value of silver as trading gold
the ancient Greeks minted drachma silver coins with silver content of 1 / 8 ounces. In Rome, the basic coin was denarius silver, weighing one seventh of an ounce. The British shilling currency also originally represented a certain amount of silver
nowadays, millions of people around the world recognize the intrinsic value of silver and generally regard silver as an affordable investment. In the United States, participants in indivial pension accounts invest a portion of their portfolio in silver coins and bars of 99.9% or more purity< 2. The development history of silver in China
silver, like gold, used to be the legal tender (monetary raw material) of many countries in the world, with the function of financial reserve and an important means of international payment. Chinese ancestors have a long history of understanding and using silver. Silver was made into handicraft and currency very early. In ancient China, silver was widely used as currency after the Tang and Song dynasties. In the Yuan Dynasty, the silver standard system was further strengthened. The government regarded silver as an important currency, and silver ingot "Yuanbao" appeared. In the Ming and Qing Dynasties, the silver standard system was strengthened. Silver became official currency in the Ming Dynasty, and Yuan Bao, broken silver and silver yuan became legal currency in the Qing Dynasty. Silver played an important role in the economic development of the Ming and Qing Dynasties. It was not until 1935 that the Chinese national government announced the issuance of legal currency and the abolition of the silver standard that the use of silver as currency was restricted. However, silver yuan circulated among the people until 1949<
Ming Dynasty: in the early Ming Dynasty, e to the prohibition of merchants, gold, silver, copper and tin from going to sea, the use of copper coins in China was strictly prohibited, and silver mines were not valued. In Yongle's later years, he was determined to communicate with other nationalities. He served as an emissary and used Zhonggui eunuchs. He started in the West with Zheng He and Jing Hong, in the western regions with Li Da, in the north with Hai Tong, and in the West with Hou Xian. In order to meet the expenses, the imperial court began to pay attention to silver mining. He successively dispatched officials to mine minerals in Shaanxi, Fujian and other places, set up gerongxi Yinchang Bureau, and established Yunnan Dali Yinye. After Xuande, gold and silver mining stopped and went on, including private mining, official mining and so-called "traitor" private mining. Disputes continued, and the government forces often fought with the "mine thieves". Each bank had its own tax office supervised by officials dispatched by the imperial court. Since then, the silver mining tide began, and its peak was in the Wanli period of Jiajing. From the Ming Dynasty to Jiajing, silver had become the currency in circulation throughout the country. The transactions of great value were valued by silver, and silver was also widely used by the people. During the years of Jiajing and Wanli, silver mines began to be mined in Henan, Yunnan, Shandong and Sichuan. Until the end of the Ming Dynasty, many private miners gathered in various places, forming a historical torrent with the peasant uprising army<
Qing Dynasty: the monetary system of Qing Dynasty basically followed that of Ming Dynasty, using copper and silver coins, and partially using the transfer department and Qing Dynasty treasure banknotes in a short period of time
silver is used for general large transactions, and copper is used for small and sporadic transactions. Due to the development of social economy, the use of silver is more common, and the low position of silver is more important. After the middle of Qing Dynasty, silver coins were commonly used in the market. They purchased machine-made silver coins from foreign countries, and circulated in parallel with the popular Spanish and Mexican silver coins, other foreign silver coins, and new silver coins
Republic of China: ring the period of the Beiyang government, the circulation of national currency became wider and wider, and all kinds of old silver dollars did not completely withdraw from the market circulation. The trade was still based on silver, and silver dollars were converted into silver< However, the establishment of the silver standard also has some shortcomings. Because a large amount of silver is used as currency material in the north, the shortage of silver is more obvious in China, where the proction of silver is not abundant, and silver has to rely on imports. Therefore, the fluctuation of the world silver market directly affects the stability of China's currency value, and then affects all aspects of China's social economy.
6. By the way, you may open a mobile banking, buy silver, or check the balance or transfer money. This kind of operation is nothing more than making mobile banking active without any adverse consequences, and also marketing the precious metal business of ABC. If you are interested, you can buy and sell in the precious metal sector of mobile banking. Of course, this kind of transaction can make money and lose money, According to their own situation, the point of silver to buy is not in the way, more than 3 yuan a gram, you can wait until you earn money to sell or sell directly to close positions, you will not hold
7. Silver is not a currency in nature, and money is silver
- 0 -
Silver's main function is to keep the value of money. But it's equivalent
- 0 -
Silver's main function is to keep the value of money. But it's equivalent
8. Before Ming Dynasty, because China was not rich in silver, the output of silver was very small, which could not meet the demand of circulation. By the Ming Dynasty, with the expansion of the scale of commodity transactions, the original copper money was inconvenient to transport and could not adapt to the large-scale circulation, so a more valuable metal currency was needed to supplement and replace it. At that time, because China had been in a huge trade surplus with the West for many years, the West used silver as the currency to pay, which greatly increased China's silver reserves, and eventually made silver become a universal currency.
9. US dollar quotation * RMB exchange rate / 31.1035 is RMB silver quotation
the unit of US dollar quotation is generally US dollar / ounce, 1 ounce = 31.1035g
when converting the RMB quotation, you only need to multiply the US dollar quotation by the real-time exchange rate and divide it by 31.1035 to convert it into RMB / g quotation.
the unit of US dollar quotation is generally US dollar / ounce, 1 ounce = 31.1035g
when converting the RMB quotation, you only need to multiply the US dollar quotation by the real-time exchange rate and divide it by 31.1035 to convert it into RMB / g quotation.
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