Post
Topic
Board Economics
Re: China’s digital yuan could replace bitcoin & end US dollar hegemony
by
abhiseshakana
on 13/06/2020, 07:58:47 UTC
right. Asia and Europe now seem very tense. 9 countries in Europe have just allied themselves together to restrain China's expansion. It seems like this is a big battle between the two economies. I believe this will be a very interesting war and the US will have solutions to the Chinese government's new decision. It is possible that our crypto market will also grow strongly thanks to the fighting of 2 continents. Cheesy

I think the battle that is happening right now is more interesting not about the west and the East represented by China and America but also the fight between Globalists and Nationalists that also happened which in fact Globalists formed a coalition with China against the hegemony created by America as the winner of the War.

Globalists want to realize a system of one currency because they assume that with a system of one currency there will be no exploitation by certain parties. They do not even believe in gold, because gold is also a commodity that is traded and is still commonly exploited by many parties. They only believe in algorithm matrices that are considered zero faults.

The globalists assume that the damage that is happening now ranging from environmental damage, economic inequality, hunger is due to cross-interest between countries that ultimately bring damage to the world.