Traditional Culture Encyclopedia - Traditional culture - President: What are the benefits of Bitcoin to the real economy and what is its impact on economic development?

President: What are the benefits of Bitcoin to the real economy and what is its impact on economic development?

When Bitcoin was first made, everyone was not optimistic about the future of this virtual currency. Nowadays, virtual currency is becoming more and more popular, and bitcoin has reached several hundred thousand RMB. It can be seen how hot the Bitcoin generation is. With the prevalence of bitcoin, the bubble generated by virtual currency will be even bigger, and there will be many major risks. Once bitcoin loses its support, it will have a great negative impact on our real economy. Therefore, many countries have begun to restrict the use of bitcoin. But our digital currency is also comparable to Bitcoin. China made digital RMB not for cross-border, but for providing convenience for people to pay with the development of science and technology after the popularization of mobile Internet. China has a huge retail market with a population of 654.38+04 billion. If you want to have a more convenient, cost-effective and lower payment system. At the beginning, our central bank didn't want to be a wholesale system. The RMB is not internationalized, but started from the retail system. Bitcoin is an encrypted asset and an investment choice, but it is not a currency itself, but an alternative investment product. The main role that encrypted assets may play in the future, investment tools or alternative investments. Many countries, including China, are also studying the regulatory environment of this new investment tool. In fact, we should ensure that the speculation of such assets will not cause serious financial risks. We will continue to maintain the current measures until we figure out what kind of regulatory rules we need. The harm of bitcoin to the real economy is still not visible. But once it is widely used, it will inevitably have a certain impact on the real economy. It is hoped that relevant institutions can pay attention to the current situation that bitcoin encourages illegal activities and disrupts the financial order, and demand that action be taken as soon as possible to completely ban electronic money and ensure the smooth operation of the real economy.