Post
Topic
Board Altcoin Discussion
Re: Chinese Firms Collaborate With Chinese Central Bank to Launch Digital Yuan
by
Bonwin
on 29/07/2020, 22:48:49 UTC
Well, it's a good news actually.  We just want to hope it becomes reality because numerous similar news like this we have read and heard and at the end of the day, it remains at the level of the news.
That doesn't seem to be good news at all. Remember china has already started to issue its own digital currency and that means it will not consider crypto as a choice to be used in china. The good news when crypto has a chance to create a bridge with it.

Will there ever be such a chance? Well, maybe in other countries or parts of the world, but for China, the Chinese might seriously want to go against it, because it will definitely overshadow theirs. So, they will try all means possible, to ensure that their own digital currency remain relevant and more important than any other.