国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

left corner left corner
China Daily Website

Virtual currency a bit overpriced for the real world

Updated: 2013-11-21 10:13
By Wang Ying and Wu Yiyao ( China Daily)

Virtual currency a bit overpriced for the real world

Mike Caldwell, a 35-year-old software engineer, looks over bitcoin tokens at his shop in Sandy, Utah of the US, April 3, 2013. Caldwell mints physical versions of bitcoins, cranking out homemade tokens with codes protected by tamper-proof holographic seals, a retro-futuristic kind of prepaid cash. [Photo/icpress.cn]

Real risk

In China, when bitcoins are actually used to buy something, it's usually in coffee shops, pizza restaurants, digital appliance stores and other outlets selling low-priced products or services.

But Shenyu used bitcoins to buy a laptop from an e-commerce platform in the United States. The price was 20 bitcoins, worth 6,000 yuan at the time of payment.

"The value surge of the bitcoin has exceeded the expectations of most people. Who could have imagined that the currency could reach such a high value, while back in 2011, one bitcoin was worth less than a dollar," he said.

The bright side, he said, is the increase in value will enhance the bitcoin's acceptance among manufacturers, traders and consumers, even though its legitimacy hasn't verified by the government.

There are rising calls for governments to step up supervision of digital currencies to preclude illegal activities. These currencies, after all, operate totally outside the control of any government or central bank.

Chen Sheng, vice-president of the China Real Estate Data Academy, said a property price denominated in bitcoins is so far just an example of successful marketing. But he said that eventually, a real deal will be sealed using bitcoins.

"Only a real deal can prove the feasibility of bitcoin payments. There will be quite a few questions surrounding such a deal, for example, government recognition of it," said Chen.

Chen Ye, a Shanghai-based wealth manager at Industrial Bank Co Ltd, said it is risky to pay for an apartment with a "nonstandard" currency.

"For homebuyers, the risk lies in obtaining the invoice and receipt. As far as I know, there is no authorized receipt in China recognizing payment in bitcoins.

"For sellers, calculating and declaring income and taxes based on bitcoin payments may be something they need to figure out before they accept such payments," said Chen.

 
 
宜黄县| 南靖县| 富源县| 孟村| 台中市| 黔西县| 永善县| 镇远县| 炎陵县| 三门县| 芷江| 潼南县| 贵溪市| 汾阳市| 永胜县| 开封市| 南皮县| 永川市| 庄河市| 内江市| 抚顺县| 萨迦县| 南丰县| 体育| 柳州市| 阳曲县| 大埔县| 南皮县| 田阳县| 磴口县| 荔浦县| 清苑县| 梁山县| 永仁县| 呼和浩特市| 崇礼县| 卢氏县| 泸西县| 海兴县| 当涂县| 鄢陵县|