925 sterling silver jewelry wholesale What benefits will Bitcoin bring?

wholesale real hip hop jewelry In recent years, the reasons for Bitcoin have been criticized: no central banks, excessive fluctuations in exchange rates, and not legal currencies. Even if these reasons are established, it can only be said that Bitcoin is not a very mature currency and cannot deny its essence of currency.
Therefore, the state can consider recognizing the currency attributes of Bitcoin and treat it as a foreign currency (Foreign Currency). It will be supervised by the National Foreign Exchange Administration as the US dollar, yen, and euro. The behavior of the currency is included in the management.
If considering the particularity of Bitcoin, it can be temporarily assumed by the existing qualified Bitcoin Exchange instead of banks to undertake Bitcoin and sell foreign exchange and sales, and manage it with banks. Doing this will bring at least the following three benefits:
, one is that it will not impact the RMB system. Compared with the RMB system, the characteristics are very small, and the current total is only about 40 billion US dollars. Among them, only a small part of it is really used for circulation. You can also do some restrictions on the scope of Bitcoin, such as: prohibit offline payment in China; for online payment, you can set the upper limit and use range, such as limited to buying small virtual products and online services Wait; there is no limit on cross -border payment. In this way, the proportion of Bitcoin payment accounts for the entire national economy is extremely small, so there is no need to worry about the impact on the renminbi.
It is to solve Bitcoin tax difficulties. Like ordinary currencies, the Bitcoin that enterprises and individuals sell goods and provide services can be included in operating income. According to the card price announced by the Foreign Exchange Administration, it is converted to the RMB chapters, and the Bitcoin obtained by redeeming does not require tax. If Bitcoin is regarded as a commodity instead of currency, it is unreasonable to buy and sell Bitcoin to pay consumption tax, business tax, VAT and income tax, etc. This is unreasonable.
It is to help maintain financial stability. Due to the open transparency of Bitcoin blockchain technology, Bitcoin transactions can trace the source, and 70%of mining machines are in China, which also provides convenient conditions for supervising Bitcoin from the source.
After establishing the currency status of Bitcoin, all kinds of financial services around Bitcoin can also be turned from underground to the ground, and financial supervision must be accepted. On the one hand, it can promote the development of the surrounding industries of Bitcoin. It can be used as a component of inclusive finance, so that more people who cannot enjoy traditional financial services benefit, and also incorporate the entire industry into the regulatory vision, which has a positive effect on maintaining financial stability.

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