Why is there no “electronic money”?

"Everyday money is money." Whether electronic or digital, the concept is the transformation and transformation of non-financial or physical financial processes.

When talking about digital advantages, “electronic money” is often used interchangeably, because digital advantages are “reformed” between electronic advantages or there is no difference between the two. Therefore, it is necessary to ensure that the so-called "electronic money" does not exist, let alone the merger of electronic money and digital money. Why is there no “electronic money”?

For example “electronic money”, who is the publisher of electronic money? There is no so-called electronic money in the central bank media, and cash is only cash and coins, but companies are not allowed to publish. . Of course, there is no such thing. This is because neither the bank nor the users of the "electricity bill" can tell the truth about the electricity bill at all times, and there are no electricity bills, links or accounts. . In other words, in terms of policy, law and accounting, the so-called "electronic money" does not exist, that is, "electronic money" with events similar to banknotes. bank or coins does not exist. However, if the concept of "electronic money" has yet to be applied, it has no educational significance because it lacks law, law, finance, or financial sense, and ...

So what is "electronic money" and what does it mean?

"Electronic payment" means "electronic payment", but it does not include the whole process of "electronic payment and dispute", and strictly speaking, it simply means "electric payment instruction". Specifically, the operation of the backend process requires that payment be made after receiving instructions, and whether payment is made depends on the backend, not on who provided the information. . This backend system is, of course, a computerized account system for the merchant bank. In this sense, the so-called "electronic money" is simply an "electronic payment instruction" which was announced at the time of the electronic payment activity and has not yet been carried out. Obviously, electronic payment statements are not a form of electronic money, and it is not a form of money that can be compared to banknotes or coins.

In payment transactions, people can initiate or make payments for banknotes, coins, or send electronic payment instructions, but this does not necessarily mean that there are similar benefits. . The simplicity and familiarity of the one-time payment cannot be confused with the exchange of banknotes such as the cat and the tiger. Speaking of which, paying with bills or coins is closer to the latter than swiping a card or cell phone, however, the payment made is not visible or does not touch the currency. Then the personal experience of electronic payment by swiping the card and digital payment by swiping the cellphone is almost the same, and since the cellphone and the card magnetic card is the same, this is the reason for the confusion. electronic payments with digital payments. If you are confused between 'electronic money' and 'digital money', this is largely wrong ...

Since there is no such thing as "electronic money", there is no place to compare "electronic money" to "digital money". But furthermore, is fund digitization the same as fund digitization?

Because the so-called "electronic money" does not exist, the so-called digitalization of money does not exist. Digitization of payments. It is not about the evolution of the financial system, but about the development of financial solutions.

How can the power of payment support? Simply put, it is about computerizing the operation of the bank account system. How did bank account systems work before computerization? In most counter-tasks, the process involves making a map guide. Of course, there are telex exchange offices of banks. Over 100 years ago, at the very beginning of the formation of the US Federal Reserve, telex, or Fed-wire, was used to exchange money in banks. These systems have been extended to the current RTGS, which is a full-time, real-time money exchange service. Is this system a payment system? Not good for comparing. The system is reserved for members of the bank and is not open to businesses, companies or individuals who are not members. More importantly, the RTGS system realizes "payment as payment".

"Payment based on payment" cannot be made because it is not a real payment with the electronic payment system of the payment system. Cash and coins stand for "method of payment" and digital currency stands for "method of payment". "Payment based on payment" cannot be made because it is not a real payment with the electronic payment system of the payment system. Electronic payments depend on the payment system, so you have to go through many payment and settlement steps. Therefore, even from the point of view of self-payment, the difference between electronic payment and electronic payment is not clear, but electronic payment does not come. can complete "order based on payment" as well as electronic payment. This is also the main reason why the so-called "electronic money" and "digital money" cannot be confused.

"Everyday money is money." Whether electronic or digital, the concept is the transformation and transformation of non-financial or physical financial processes. The "RMB in digital form" is mentioned in the revised advice of the People's Bank of China on "Currency in digital form in non-physical form", and not the addition of a link of a monetary body such as a sheet. of metal or foil. form "". The digital renminbi is not everyone's value, and certainly not in the so-called electronic form.

The digitization of the monetary system is not just an overhaul and overhaul of existing bank accounts, but the creation of a "new" account system in addition to the bank accounts that already exist. The technical base is not a traditional bank. account system. , not the so-called computerized account system, but a new networked digital account system. The most important link between digital RMB and RMB in existing businesses is the relationship between electronic payment and electronic payment. However, education and relationship building between the two should not rely on the concept of "electric currency" to build a "bridge".