Digital RMB is a currency, not a commodity. Theinvestment value depends on what you consider. If you consider it from the perspective of investment commodities, it is of no value at all, because the relationship between digital currency and RMB is equal, and there will be no appreciation or depreciation of one side to the other. If viewed from the perspective of exchange rate, such as RMB against US dollar, yen and so on, it has investment value in the long run.
Digital RMB is fundamentally different from Bitcoin. It is a currency endorsed by the national credit and has stable price. It is an intermediate medium for the price changes of the horizontal quantity of commodities formulated by the state and a higher form of the current RMB. Only the form of money has changed, nothing else has changed. Bitcoin is different. Bitcoin is a commodity, its price fluctuates wildly, and because there is a cap on the amount, it is not destined to become a global currency.
In summary, there is an equal relationship between digital RMB and paper currency. Even if digital RMB is introduced in the future, there will be quite a long time of coexistence between them, just like the replacement of each previous generation of RMB. The issuance of the new version of RMB does not mean that the old version of RMB cannot be used, in fact, it is more appropriate to regard digital RMB as the new version of RMB. Therefore, the digital renminbi has no investment value, but the paper currency has a certain collection value, perhaps after hundreds of years of antique.
From the large-scale trend chart of RMB against US dollar, RMB has gone through a big wave of appreciation since 2000, and then made a large level shock in the range of 6-7 yuan, making a center equivalent to the monthly line. Now this center is basically out of the prototype, and it is obvious that the next trend of RMB will go down the pen of the center, that is, RMB will continue to appreciate. This point and the dollar into the depreciation cycle is also consistent, this is from the technical analysis.
From the perspective of the fundamentals, China's world-leading 5G technology is about to enter the commercial phase, which is another revolution of productivity improvement by leaps and leaps, will realize the interconnection between everything, the era of robots replacing artificial really is coming, and this epoch-making revolution is led by China, so, according to the current trend of development, it is the trend of China's economy to take off again. With the support of the economy behind the currency, with the support of high technology, it is natural for the currency to appreciate. Therefore, from this point of view, the RMB in the future again into the appreciation range is a large probability.
Digital RMB is the legal tender of China. From the perspective of commodity investment, it does not have the investment value. The results of investing digital RMB and holding RMB paper currency are the same. However, from the perspective of exchange rate, RMB is indeed expected to appreciate in the future, but this time is a little long, I'm afraid it will take more than ten years to calculate. Therefore, RMB has investment value from the perspective of exchange rate, but it has little significance from the perspective of income.
