Question 2: Will electronic money replace paper money? Electronic money is virtual, not physical. Moreover, it cannot replace some functions of paper money, such as storage means. How to store it without physical objects? There is also the function of the world currency, or that sentence, it is all virtual currency, how can it be the world? And at present, most areas are not connected to the internet. How do they use electronic money? Ensure that everyone's paper money, electronic money will not replace paper money. Just like QQ pets can't replace domestic cats and dogs.
Question 3: What's the difference between electronic money and paper money? Electronic money is based on financial electronic network, with commercial electronic equipment and various transaction cards as the media, computer technology and communication technology as the means, stored in the computer system of the bank in the form of electronic data (binary data), and realized the circulation and payment functions in the form of electronic information transmission through the computer network system. Electronic money has the following characteristics:
(1) Storage, payment and circulation based on computer technology;
(2) It can be widely used in the fields of production, exchange, distribution and consumption;
(3) integrating various functions such as saving, credit and non-cash settlement;
(4) Electronic money is simple, safe, fast and reliable;
(5) At present, the use of electronic money is usually based on bank cards (magnetic cards and smart cards).
At present, electronic money is based on the premise that most electronic money exists on the basis of existing physical money (cash or deposit) and has the functions of "value scale" and "value preservation", and the ratio between electronic money and physical money can be exchanged as 1: 1.
At present, there are four kinds of popular electronic money in China.
1, stored-value card type electronic money.
2. Credit cards use electronic money.
3. Electronic money based on deposits.
4. Cash simulates electronic money.
Paper money is the paper money you hold.
Question 4: It is unrealistic whether electronic money will completely replace paper money in the future. Currency needs to be controlled and the foreign exchange market will always be the largest financial market in the world. Who has replaced electronic money to supervise? Just looking at bitcoin is unrealistic. Who regulates the exchange rate?
Question 5: Is the cashless society where electronic money replaces paper money really so beautiful (1)?
It really looks beautiful to complete the transfer, saving social resources, preventing counterfeit money from deceiving people, reducing the spread of diseases, and even possibly reducing the crime rate, so as to completely realize the "cashless society" in which digital currency replaces paper money.
(2) Disadvantages:
Farmers, the elderly, children and other people with low income, low knowledge level and low acceptance of information technology exist in large numbers, which will be squeezed out by new payment technologies and lose the opportunity to share efficient financial technologies. If it is not handled properly, it may lead to new social injustice and polarization between the rich and the poor, which is inconsistent with the development orientation of inclusive finance advocated by China at present.
(3) Reflection:
How to realize "worry-free use" in a cashless society and truly seek advantages and avoid disadvantages is not only an intergenerational problem in which ideals shine into reality, but also a problem that relevant departments and enterprises need to consider in advance to prevent delaying the opportunity.
Question 6: Will digital currency replace paper money? Digital currency is feasible in theory, but digital currency has a long way to go to replace paper money. Although the central bank's digital currency plan has been revised twice, it is still in the theoretical stage and has not been put into practice.
Digital currency's substitution of paper money can only be realized in the developed eastern coastal areas and some big cities, but it is unrealistic in some remote areas, and the infrastructure can't keep up.
Although bitcoin, Litecoin and decent coin are known as global circulation, their circulation scope is actually very limited.
Question 7: Is the "cashless society" where electronic money replaces paper money really that beautiful? It is unrealistic to completely replace paper money, at least in the short term, and it is difficult to guarantee safety.
Question 8: With the development of banking, will paper money be replaced by electronic money in the future? When can electronic money replace paper money (physical money)? This topic is too big, involving politics, economy, history, culture, even international relations and countries. Simply put, it should be the general trend for electronic money to replace paper money. As for when it will be realized, we dare not jump to conclusions or talk nonsense. However, it is a gradual historical process that electronic money replaces paper money. For a long time, electronic money and paper money will circulate at the same time, and eventually electronic money will partially or completely replace paper money.
Question 9: The topic of my thesis is whether electronic money can completely replace traditional paper money in the future development. With the development of network technology, electronic money, as a network-based payment and settlement tool, is developing at an unprecedented speed. Based on the concept of electronic money and the business process of electronic commerce, this paper analyzes the development of electronic money and studies its application in electronic commerce. Finally, I put forward my own views and solutions in the application process. Keywords: electronic money, network finance, electronic commerce With the development of computer technology, there are more and more electronic payment tools related to electronic commerce. These payment tools can be roughly divided into three categories: one is electronic money, such as electronic cash and electronic wallet; The other is electronic credit card, including smart card, debit card, telephone card and so on. There are also electronic checks, such as electronic checks, electronic remittance (EFT) and electronic transfer. This paper will analyze and study the applicability of electronic money, one of the electronic payment tools, in e-commerce. I. Basic concepts and main forms of electronic money 1. The basic concept of electronic money. Based on computer technology, electronic money is widely used in storage, payment and circulation, and can be used in the fields of production, exchange, distribution and consumption. It integrates savings, credit and non-cash settlement. It can be said that electronic money, as the latest form of money in the contemporary era, has been used more and more widely since it came into being in the 1970s. It is widely used because electronic money is faster and more convenient than other forms of money such as paper money (1). In online transactions, no matter how far the geographical distance between the buyer and the seller is, as long as the two sides negotiate business, an email with the buyer's electronic money can reach the seller's mailbox in a few seconds, and the seller can deliver the goods after confirmation, and the whole transaction is completed. (3) Simplify international communication. Because the Internet is a world of great harmony, electronic money is theoretically a single currency that meets the standards of the Internet. No matter which country you are in, the relative value of electronic money you hold on the Internet should remain unchanged. The development of electronic money can simplify the complicated procedures of traditional money in international exchange. Electronic money technology has solved the technical problems in the storage, circulation and use of intangible money, and has great development potential. Mark Twain Bank is the first bank in the United States to provide electronic money services. As early as June 65438+April 0996, it acquired 10000 electronic money customers. 2. The main forms of electronic money. There are two main forms of electronic money: payment cards in the form of smart cards (such as Mondex) and digital currency documents (such as electronic cash and electronic coins). The former is mainly used for offline payment and the latter is used for online payment. Mondex is E-Mondex (electronic cash), which is mainly used to replace paper money and coins for daily small consumption. Mondex card not only has the characteristics of cash, but also has better characteristics than cash, that is, it can be safely used as a long-distance value transfer between people, people to enterprises and people to banks through electronic channels (such as telephone and Internet). In China, e-commerce started, online financial services were underdeveloped, and the construction of e-money system was slow. Mondex is the closest electronic currency to cash at present. E-cash is a digital currency developed by Digicash for online transactions. It is a currency that circulates in the form of data. Convert the cash value into a series of encrypted serial numbers, and express the monetary value of various amounts in reality through these serial numbers. After opening an account in a bank that conducts electronic cash business and depositing the money into the account, users can shop in a store that accepts electronic cash.