Research On Virtual Currency In The View Of Marx’s Credit Theory

With the rapid development of social economy and the popularization of Internet application,a new monetary revolution puts forward a new challenge to mankind.Considering the strong contemporaneity and practical significance of virtual currency research,it is urgent to study virtual currency.In the research process,Marx’s credit theory is used to explore the internal operation mechanism of virtual currency,which opens up a new perspective for the study of virtual currency.Based on the development of credit system,virtual currency is a form of token virtualization in the broad sense,and a form of token virtualization relying on the Internet in the narrow sense.In the study on the basis of combing virtual currency stage of development,focus on duality theory of the credit principle,through the analysis of the third party payment,electronic money,digital currency,block chain confusing related concepts,such as deep mining of Marx’s theory of virtual currency credit guidance,find the kernel mechanism and flexible use,from a legal,financial,regulatory,technical analyses four virtual currency problems,to solve the root of the problem form which based on the above four aspects to build a new virtual currency system.Based on Marx’s credit theory horizon,the virtual currency research,using materialist dialectics in combination with a large number of empirical analysis it is concluded that the "shift monetary form and form,the macro view is changing the way of social productivity and production,is the age of social development in different stages of the product,and the micro level is credit system the invisible" hand "to promote its development,the essence is the evolution of the credit in the form of a make up for loopholes,and monetary growth must not be above the credit system,once beyond the bearing capacity of credit system must be socially" this conclusion,with the research conclusion and explains many realistic problems,It provides a theoretical basis for solving various practical problems faced by virtual currencies,a theoretical basis for national regulatory authorities at all levels to deal with the practical problems of virtual currencies,a theoretical reference for the central bank to study digital currencies,and a predictive assessment of the future development trend of various virtual currencies.