wholesale jewelry supplies honolulu What are the advantages and disadvantages of digital RMB?

wholesale jewelry supplies honolulu What are the advantages and disadvantages of digital RMB?

1 thought on “wholesale jewelry supplies honolulu What are the advantages and disadvantages of digital RMB?”

  1. felt jewelry pouches wholesale The advantages of digital currencies are:
    1. After the introduction of digital currencies, it will gradually replace banknotes. This replaces issues such as printing, escorting, sending, and storage, so it can save a lot of costs.
    2. After the banknotes are circulating, there may be a large amount of bacteria breeding. If you use digital RMB, this situation will not occur.
    3, digital currency is more likely to supervise and prevent. Previously, many money villages were laundering in the form of cash, and after digital currency circulation, each trading details could be tracked to effectively eliminate this situation.
    The disadvantage of digital RMB is that there are many people who do not use smartphones in our country, and digital RMB must open an electronic wallet for smart phones; plus the opening of the electronic wallet, the privacy space is relatively weakened.
    The expansion information
    -type RMB, letters are tentatively scheduled to be "E-CNY" in accordance with international usage practice. For the broad account system, support the loosening function of bank accounts, equivalent to paper banknote coins, value characteristics and legal repayment, and support controlled anonymous.
    The concept of digital RMB has two points, one is that digital RMB is a legal currency in digital form; the other is equivalent to paper banknotes and coins. And coin. It is mainly positioned as cash payment vouchers (M0), which will coexist with the real RMB for a long time. It is mainly used to meet the public's demand for digital form cash and help inclusive finance.
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