Several Concepts that digital currency Futures Contract Must Understand.

For many people, digital currency's concept is at a loss. But there is no doubt that digital currency is different from virtual currency. Virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real transactions of goods and services, but only digital currency issued by the state is a legal digital currency. 20 13 Five ministries and commissions of the Central Bank issued the Notice on Preventing Bitcoin Risks, which clearly defined illegal digital currency such as Bitcoin as virtual goods and did not exist in the form of currency or legal tender. At the same time, digital currency is also different from electronic payment. In practical experience, digital currency may feel similar to electronic payment, but it is quite different in essence. Before digital currency appeared, the financial industry had been highly informationized. For example, online banking, WeChat, Alipay and so on. It has gradually become popular, and physical cash only accounts for a very small part of all currencies in circulation. Nevertheless, because all the money used in the transaction comes from the bank account, it actually corresponds to a banknote.