I know that some will be arguing that what China is cooking right now is not actually a real cryptocurrency due to its centralized and state-controlled nature. But what the heck, China is the next world superpower and it is seeing the vision of using cryptocurrency to further its entrenched economic position all the world.
I am seeing a great potential of this coming state cryptocurrency to be utilized in transacting business with China or in eCommerce department, and this is a huge potential. Jack Ma must already be thinking something how to exploit this great opportunity.
I am seeing a great potential of this coming state cryptocurrency to be utilized in transacting business with China or in eCommerce department, and this is a huge potential. Jack Ma must already be thinking something how to exploit this great opportunity.
I have heard that China wants to create its own coin a few months ago, not now. They talked about Blockchain technology, and that does not mean they will create new own cryptocurrency. Or I am wrong, but where did you hear about this?
Are you seeing what I describe here? China is conquering the globe without using any sword...
Persia also created coins based on gold, but what happened? they could not even conquer themselves. Probably the problem was in Persia. 