Do you think online virtual currency can replace the current currency circulation?
The possibility that virtual currency will completely replace circulating currency in the future is very low. We can't forget the origin of currency: the medium of daily circulating goods, because when people exchange things for things or a certain service behavior, a medium that needs everyone's approval and acceptance is produced, and this medium can be accepted by everyone because it has a certain value base. The prerequisite for this value is that the social relations of production are the result of * * * in the constantly evolving period, and the formulation of a single value standard is usually the government authority in a certain region of a country. The economic level of different countries in different regions of the world is different, so the monetary value is also different, and there is no unified value standard.