bj's wholesale jewelry What is the difference between digital currency and our current banknotes?

wholesale motorcycle jewelry usa For digital currencies, the central bank has begun to test in internal testing. The first chose to carry out related work at Agricultural Bank of China, and also selected four orientation of the east, west, and south, and four cities to carry out pilots. These four cities are Shenzhen, Xiong'an, Chengdu, and Chengdu, and Suzhou. It is said that starting in May, some units of some companies have been issued in the form of digital currency.
Essentially, digital currency is the electronicization of RMB. So what is the difference between digital currency and our current banknote?
It I think it is mainly in the following aspects:
It is in the form of digital currency in the form of electronic wallets. The RMB is paper currency. When used, one is to directly exchange currencies and items One is to use digital currency wallets for transactions and transfer. It must be more convenient for digital currency, and there will be many problems with paper. For example, during the epidemic period, everyone should try to reduce the risks brought by banknotes transactions.
It is from security, many people think that digital currency is prone to stolen brush and other phenomena. It can be fully grasped in all directions, and paper currencies are easy to fraud, and they need to go to bank access, especially when the night is quiet, there is a certain risk to pick up the withdrawal machine and get money.
It is from the cost, we all know that banknotes need to print, transport, storage and other links, while digital currencies are more economical and lower cost, which can save a lot of intermediate costs.
Fourth is convenient. As long as your mobile phone is installed on your mobile phone, you can install the wallet. Even if there is no network, two mobile phones with digital currency wallets have completed the transaction. Find zero, etc., comparison, digital currency is much more convenient.

buford wholesale jewelry sets First of all, you need to know what currency is, what is banknotes, and what is digital currency.

The currency is a fixed price separated from the product as general equivalent. In ancient times, the use of gold and silver as currency, the currency itself is valuable. Gold acts as an exchange medium in the middle, and everyone can accept valuable things.

The banknotes are a value symbol for mandatory distribution of the country. The RMB itself is worthless, but it replaces currency circulation, because banknotes are better than gold and silver after all, more convenient to use

In the last digital currency, digital currency is electronic currency. The digital currency issued by the central bank is digital RMB. It has a central bank credit endorsement and is guaranteed by the central bank. Compensation

In the advantage of digital currency, we now go out to buy things to pay, generally use Alipay or WeChat. , Face -to -face collection and other functions, and more advanced than Alipay WeChat, Alipay WeChat you need to bind bank cards. Digital currencies are not needed. It is separate. Development will gradually replace banknotes to circulate, coupled with the support of blockchain and other technologies, capital circulation will be safer, more liquidity, the central bank's supervision of funds is stricter, and some illegal crimes will be regulated. Fake currency will also disappear.