Background of virtual currency

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Virtual currency refers to non real currency. It is a digital currency based on the Internet. At present, hundreds of digital currencies are issued around the world. As an inevitable derivative of the development of information technology, virtual currency has great potential. In the future, virtual currency may become the preferred currency for people to trade. In the following content, you will see part of the origin and development of virtual currency.

 

In fact, in the financial developed countries, virtual currency has appeared for a long time. In these countries, the emergence and popularity of virtual currency is an inevitable trend, because many large companies and rich people will promote the development of virtual currency in order to get more benefits. For example, the first virtual currency "net bean" launched by Beenz. Beenz has reached an agreement with offline stores that these virtual currencies can be used as cash in reality. Through multiple circulation channels, Beenz can recycle these currencies for profit.

For some online game companies, in order to earn more profits, they issue game currency or online currency and other virtual currencies. Virtual commodities in online games are very attractive to players, so they stimulate players to consume in order to obtain virtual currency. Therefore, online game companies have unlimited distribution rights of virtual currency.

If enough people realize the value of virtual currency, it may become a substitute unit for material exchange. This is the most valuable and influential factor for virtual currency.

More and more domestic companies are launching their own virtual currencies. This is because they have a large number of customers who need a large number of paid services. For example, NetEase rewards users with popo currency, which can replace vouchers in NetEase Mall. Users can use Q currency to purchase Tencent's paid services.

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Here, I will introduce a very famous virtual currency and discuss its real background.

This virtual currency is Bitcoin. Bitcoin is famous both within and outside the industry. At present, the number of Bitcoin users in the world is particularly large. For the stability of Bitcoin, its founder ensured that it would not increase or decrease. This is different from the real currency and virtual currency mentioned above. In fact, the total amount is increasing. Inflation devalues the currency. For many Internet companies, they also continue to issue their own virtual currency to obtain more income. Unlike other virtual currencies, Bitcoin not only aims to gain more benefits, but also to stabilize the currency. Bitcoin has no practical use. It is said that its founders had a common idea at first. The idea is to build a fair and prosperous economic network. However, the value of Bitcoin fluctuates dramatically and is not widely accepted. Personally, it has many problems. Bitcoin is neither owned nor issued by anyone. It is open source. Bitcoin also ensures the integrity and security of its records through advanced and complex database technology and confidentiality technology. The fixed total amount and high value make Bitcoin the most valuable virtual currency.

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