id author title date pages extension mime words sentences flesch summary cache txt cord-209730-nzcch4ji Cai, Hengjin On Digital Currency and the Transfer of World Wealth and Technology Centers 2020-08-13 .txt text/plain 5146 245 56 As means of overdrawing the future, sovereign currency and bonds have gradually become modern forms of wealth and have strongly promoted scientific and technological progress and social development. The world has been changing rapidly since the outbreak of COVID-19, and new forms of wealth need to be constructed as an extension of the Self of the masses, among which digital currency may be an effective carrier of value. If everyone uses existing assets (such as gold and silver) to serve as collateral for the full specified amount, we will find that even if all social wealth were taken as collateral, it would still not be enough to fill the gap because self-assertiveness demands function unceasingly to make the requirements of the people to exceed actual social output, thereby causing challenges to sustainability, which is also the major problem with Libra lacking a credit mechanism. ./cache/cord-209730-nzcch4ji.txt ./txt/cord-209730-nzcch4ji.txt