Li Lihui, former governor of the People's Bank of China, once said: Human beings will inevitably enter the future global digital financial era, and the current inherited financial form is expanding wildly and distorting, and has already dealt with the unsatisfactory changes. Many sovereign governments, led by the United States, simply cannot afford huge debts, and more and more democracies are unwilling to let the currency bubble disappear. Therefore, a devastating global financial crisis will inevitably break out at some point in the future, and then mankind will enter the global digital financial era without hesitation. And now? Human beings are on the threshold of entering the future global digital financial era, and they are walking on thin ice with trepidation. Some people may forget, what is the difference between the future global digital financial era and the global financial system dominated by the US dollar today? Who will dominate the transaction order in the future global digital financial era? Can the currencies of various sovereign countries smoothly enter the time and space of global digital finance? Then let me share a few views. First, the currency characteristics of the global digital financial era are digital currency and non-sovereign currency. In other words, the digital currency that provides transaction support for global economic activities is a decentralized global electronic currency based on blockchain technology that cannot be intervened and controlled by any sovereign country. What does this mean? This means that the currencies of sovereign countries that are losing credibility will gradually be replaced by digital currencies that circulate freely around the world. For example, Bitcoin, which is becoming more and more popular, is one of the future global digital currencies, but not the only one. Second, the exchange rate between financial transactions in the global digital financial era and sovereign currencies is completely free from the control and advantages of sovereign financial local governments. If a country chooses not to accept or suppress global digital currencies, it will gradually lose its lead in the transformation of the global digital financial era. For example, when most countries choose to use global digital currencies as management reserves, the price for latecomers to buy global digital currencies will be higher. Third, any sovereign government provides digital currency supported by digital technology. Because it has greatly defeated the trade interests of sovereign countries, in the future global digital financial market, it will not have global financial impact, but only use its own digital currency for domestic demand in some countries, which is essentially the digitization of traditional paper money.Fourth, when end users around the world, whether institutions or individuals, choose to settle with global digital currencies, a monetary organization that regulates the global digital currency trading order but cannot change the essential attributes of digital currencies will naturally be born. Any sovereign state can apply to join this international organization. Fifth, the future digital currency circle will be a special fair competition industry, full of opportunities and risks. When the growth logic and credit value of any digital currency reach a certain level, it is possible to evolve into a continuous question. Sixth, with the advent of the global digital financial era and the continuous regional re-emergence of traditional financial centers, highly speculative derivative transactions will present different. In summary, the advent of the global digital financial era. It is based on two conditions. One is that the credit of the quasi-state currency is getting worse and worse. The more it is worse, the more water it is. The Jinying class nakedly uses the currency to speak and the wealth harvested by the financial speculation bubble. Since the 21st century, everyone can see what is behind the cooperation and conflict of interests in the global market? To a large extent, the conflict of sovereign state currencies is hailed as a currency war by some students. Any major country hopes that its own currency can become a substitute for global currency, and the hegemony of the US dollar has limited the memory space of many countries. Therefore, if, with the acceleration of the process of globalization, internal operations are not subject to the intervention and control of the capitalist countries, cannot be taxed, and can support international transactions and calculations, a global digital currency can guarantee the fair benefits of the free market economy. Second, the new generation of information technology and mobile Internet provide technical support and credit support for the above-mentioned items.