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.
Are you seeing what I describe here? China is conquering the globe without using any sword...
China is good at modifying and imitating technology and blockchain is going to be part of that, if they confirm that they are going to launch one and release the full information about their coin, then Mark is right on his speech that China is going to use this technology to advance their supremacy and so Mark can rally his Libra Coin to compel congress to approve the launching of his Libra coin, we have so many development to watch out, and just in time for the halving.