If the paper money doesn't exist, it becomes the number in the mobile phone. Can you accept it?

It is completely acceptable and very supportive of such policy and monetary innovation.

As a universal equivalent of material exchange, money is a process of continuous innovation. From primitive human coins, to clear copper coins, to standard copper coins, to gold and silver, to paper money, and now to electronic money, the change of money has always been accompanied by the development of human civilization.

From the above picture, we can clearly see the direction of money development. All currencies are for trading, so currencies must be unified, standardized, low-loss and convenient.

In the early days, because the quantity was limited and it was not easy to get, copper coins were produced to supplement coins. Copper coins are made of bronze coins. In ancient society, due to the underdeveloped smelting system, it was impossible to manufacture copper coins with the same size and uniform standards. With the progress of society to a variety of products and the development of economy, there must be a unified currency. Because the size and style of copper shells are not uniform, there will be various currencies with unified styles, such as knife coins and cloth coins. Later, due to the wide variety of knife coins and cloth coins, it was not conducive to circulation, so it was replaced by copper coins. Copper coins have the same style and are more convenient to carry and circulate than copper shells. With the appearance of copper coins, precious gold and silver ingots with large denominations added large denominations. Metal currency is inconvenient to carry, so it will produce bills such as "jiaozi" and "silver ticket". Finally, paper money will replace paper money, which is the official currency. Then, electronic money appeared. In fact, the WeChat wallet, Alipay and bank card we use now are all forms of electronic money.

The emergence of electronic money has brought a lot of convenience to transactions and property security. Mainly as follows:

First, the loss of money is reduced, and paper money often has some circulation losses, such as loss, damage and so on. Electronic money, because it is just a string of passwords, will not have such a problem.

Second, transactions are more transparent. Using electronic money, personal information is more transparent and transactions are more transparent. This can effectively combat corruption and effectively control currency crimes.

Third, electronic money accelerates the circulation of money. It improves the circulation value of money, changes direction and increases the existence of money.

Of course, there will be some problems with electronic money in the near future.

1. How to issue electronic money? What is the legal standard of occurrence?

Second, the monitoring and management of electronic money is not perfect.

At present, electronic money and paper money must exist at the same time, and it will take some time to fully use electronic money. In this process, the institution of electronic money will be gradually developed and established.