资源环境科技发展态势分析平台

We start by revisiting the true definition of money and identify that electronic money is not a new concept. We explain the spectrum of money in the context of the past, present, and future, and argue that technology can only enhance the way we deal with money and will never change the nature of money. The prospect of digital currency relies on innovation capacity, not only on central banks. We propose that a central bank is similar to a welfare society, and demand for digitalization has always been present due to problems such as nano units and coverage. We recommend tackling each digitization challenge sequentially and with a logical approach.

WORKING PAPER NO: 1016