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jewelry wholesale supplies So what exactly is digital RMB?
Hhat is it different from third -party payment software?
D digital RMB is the statutory digital currency issued by the central bank, and the values of paper money and coins we usually use have a value scale. Simply put, it is the virtualization of our paper RMB.
The third -party payment software such as WeChat and Alipay is financial infrastructure and a channel for payment. Digital RMB is the payment tool. It is the content of the payment. The two are not in a dimension.
Mura RMB may change?
1948, the first set of RMB issuance was launched. In the following 70 years, a total of five sets of RMB were issued. Now in the digital era, the renminbi also has a new tense -digitalization.
In this rapid development era, most people are pursuing a faster, more convenient, and more concise lifestyle. Digital RMB can be said to be born to adapt to the times. Its implementation may change. The proportion of M0 in M2.
It digital RMB use frequency increase, and cash circulation will decrease.
The collection value of paper RMB may increase steadily.
"A banknote starts with the purchase of papermaking raw materials. A coin starts with the smelting of some special metal materials to the formation of the final product. The sweat of technical workers, managers, and capable craftsmen. "
At present, this set of RMB has not been circulating on the market. As the former main currency, its functions have shifted from circulation to collection. Perhaps in the near future, it may be in the near future. In the future, the fifth set of RMB is the same. Therefore, friends with hobbies can collect more sets of renminbi as a memorial of the times.
The main purpose of the central bank's launch of digital currency is to protect currency sovereignty. In recent years, cryptocurrencies represented by Bitcoin have risen, which has brought a certain impact on sovereign currencies in various countries. In 2019, Facebook announced the plan to issue Libra Coins (LIBRA) to establish a borderless currency and use a basket of currencies as asset reserves to support the stability of the currency value. In addition, it is necessary to create financial infrastructure that serves billions of people around the world, such as in a very cheap and convenient way to solve the international remittance problems of the people of the world.
If Libra is stable and strong enough, many countries with unstable local currency may lose their autonomy because of the existence of libra. Moreover, the financial infrastructure created by LIBRA can help many people break through the country's financial control and make some countries with financial control facing greater financial risks.
Libra's distribution plan immediately triggered the opposition of the central bank, especially it has great potential impact on China, because China is still in capital control. The control gate tears a large mouth, and China may even lose the initiative of capital control. Therefore, the People's Bank of China took the initiative to build its own digital currency, and strive to occupy the leading position in the next round of global digital currency.
, a more realistic problem is that if the size of the digital RMB is not very large, it will not replace the narrow currency M1, nor will it replace the broad currency M2. Replacement, then, how can this limited number of RMB achieve the expected strategic goals in the end?
vermeil jewelry findings wholesale It will definitely affect, because the advantages of digital currencies are much more advantageous than cash. Once digital currencies circulate, it will affect the flow of cash. This will definitely happen.
wholesale gold jewelry suppliers I think it will have a certain impact, because digital currencies are much more convenient to use than cash, so many businesses are unwilling to accept cash, and people's cash use frequency will become lower and lower.
wholesales jewelry It will definitely have a certain impact, and the frequency of people using cash will definitely decrease.