1. What does digital currency's huge circulation represent?
It shows that the total amount of digital currency is relatively large, and the total amount of many digital currency is as high as 1000 billion. The circulation of some MLM coins is not fixed and can be increased or decreased at will. Moreover, there are many different digital currency in the world, and the number of each digital currency is very considerable.
Digital currency, which is well-known in the currency circle, has Bitcoin, Ruitai Currency, Litecoin, dogecoin and so on.
< 2 > Is digital currency's 24-hour turnover rate a good thing or a bad thing?
I don't think this is a good thing. Everyone has changed hands, which proves that it is still not safe.
What does it mean behind the skyrocketing bitcoin?
Bitcoin bulls often mention that the scarcity value of this encrypted digital currency is the main reason for its continuous rise. Bitcoin is similar to gold to some extent, and its supply growth is extremely slow and still slowing down, and the total supply will only reach 2 1 10,000.
With the increasing interest of institutional investors and retail investors in bitcoin, global exchanges such as Chicago Board Options Exchange have launched bitcoin futures contracts. This move is likely to encourage more institutional investors to invest in it, and will further curb the price fluctuation of Bitcoin.
This highly anticipated bitcoin futures transaction has been launched on the Chicago Board Options Exchange, which represents an important step in the legalization of encrypted digital currency. Futures is a derivative/financial instrument, which can force traders to buy and sell an asset at a specific time and at a specific price.
What does the central bank's issuance of digital currency mean to ordinary people?
First, most people now use WeChat and Alipay for their usual mobile payment. After the introduction of digital RMB, it is safer to use digital currency instead of payment. Because if you use WeChat and Alipay, you only use corporate assets and credit as endorsements to pay. Digital RMB is endorsed by national credit, which is more credible and safer.
The digital RMB is coming! What impact does it have on people's lives?
Second, many people think that digital RMB has special functions of anti-money laundering and anti-corruption because of its traceability. I think this is half right. The introduction of digital RMB does have a deterrent effect on money laundering, because with the participation of blockchain technology, relevant departments can effectively find sources of funds, thus effectively curbing money laundering.
However, fighting corruption may not be that easy. Some corrupt elements either turn the money into a house and put it in the name of relatives, but you can't find it, or some corrupt elements put the corrupt money directly at home, and law enforcement departments can't find it at all. Unless, like Modi in India, we directly make waste banknotes within a time limit and replace them with new ones. When replacing, it is necessary to prove the legal source of huge property.
Third, digital currency can also help the poor accurately and distribute national welfare. During the epidemic, China formulated many welfare policies for enterprises and individuals, but because of inaccurate information and blocked channels, it could not benefit every enterprise and individual. If you use the digital RMB channel, I believe every enterprise and individual will benefit directly, so that you don't have to go through a third party, saving time and channel operating costs. In addition, if the digital RMB is laid out in advance, the state can distribute the benefits that benefit ordinary people to individuals more directly, quickly and accurately. All these will contribute to the internal circular economy that China is vigorously deploying.
The digital RMB is coming! What impact does it have on people's lives?
Fourth, digital RMB will play an active role in import and export trade, and also lay a solid foundation for the next internationalization of RMB. In addition to being used in import and export trade, digital RMB can also expand its international influence. In addition, there are tens of millions of overseas Chinese in China all over the world, and they will all play an active role in the promotion and circulation of digital RMB. With the increasing internationalization status of RMB, the introduction of digital RMB is more conducive to the global promotion and use of RMB, laying the foundation for RMB internationalization.
Of course, some people worry that if the network is disconnected, or the cell phone has no signal, then digital currency can't be used, which is an irresistible accident. The central bank should take this into account before introducing digital RMB. In this regard, we believe that RMB banknotes and coins will not exit the circulation field for a long time in the future, and digital RMB and banknotes will remain for a long time in the future. Therefore, people can rest assured that the introduction of digital RMB by the central bank will not affect their daily lives.
If "Wu" is widely circulated in digital currency, will it have a certain impact on the cash circulation?
So what exactly is digital RMB?
What's the difference between it and third-party payment software?
Digital RMB is the legal digital currency issued by the central bank, which is equivalent to the paper money and coins we usually use, and has a value scale. Simply put, it is the virtualization of our paper RMB.
Third-party payment software such as WeChat and Alipay is the financial infrastructure and the payment channel, while digital RMB is the payment tool and the content of payment. They are not in the same dimension.
Is "Lu" the higher the market value of digital currency, the safer it is?
The higher the market value of digital currency, the safer it is.