What is digital currency? What is digital currency for?
Jul 22, 2025 pm 11:03 PMThe essence of digital currency is an encrypted code, and its revolution is reflected in three aspects: 1. Technically use distributed ledgers to break the central monopoly and tamper-proof; 2. Subvert the inflation model with the total upper limit design in issuance; 3. Realize low-cost instant cross-border payments in transactions; it not only reduces remittance costs by 80% and promotes the application of smart contracts, but also faces the challenges of large price fluctuations and regulatory differences. China's digital currency integrates regulatory and technical characteristics, indicating the paradigm transfer of human collaboration methods. This quiet revolution will eventually reshape the financial and social structure.
Global digital currency trading platform:
Ouyi OKX:
Binance Binance:
Huobi:
Gateio Sesame Opening:
Digital currency: a quiet currency revolution
When Bitcoin was quietly born in 2009, few people realized that it would be a milestone in the evolution of currency. As a new currency form based on blockchain technology, digital currency is reshaping human cognitive system for value exchange.
The essence of digital currency is an encrypted computer code , and its revolution is reflected in three dimensions: at the technical level, distributed ledger technology breaks the monopoly of centralized institutions, and each node participates in the setting of accounting to make the system naturally tamper-proof; in the issuance mechanism, Bitcoin sets the total amount of 21 million coins through algorithms, and this "digital gold"-style design subverts the inflation mode of traditional currencies; and in the transaction process, cross-border payments can be completed instantly like sending emails, and Swiss bank-level security is compressed into mobile APPs.
This monetary revolution has a distinct two-sided nature. In terms of advantages, no middlemen earning the difference reduces the cost of cross-border remittances by more than 80%, and smart contract technology makes it possible to automatically execute contracts. But the challenge is also significant: Bitcoin price experienced a 30% plunge in 2021, and the regulatory attitudes of countries towards digital currencies vary as if they treat "GMO crops in the financial field." The digital currency launched by China has pioneered the third path, retaining the advantages of centralized supervision and absorbing the technical characteristics of programmable currencies.
From shells to copper coins, from paper money to electronic payments, every evolution of the currency form is accompanied by profound social changes. The possible changes that digital currency may bring far exceed the payment method itself: when code becomes the carrier of trust, when the Internet of value and information are integrated, we are witnessing not only innovations in financial instruments, but also another paradigm transfer of human collaboration methods. This quiet monetary revolution will eventually release the strongest voice of the times.
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