Post
Topic
Board Altcoin Discussion
Re: China's digital yuan vs US dollar
by
Byakuga
on 13/10/2020, 13:47:20 UTC
China is speeding it testing on the digital yuan. It will not take to long before the digital Yuan can be implemented and it believe China will become less independent on the US Dollar.

Is this a good thing or will China become even more economically powerful?  https://www.worldcoinindex.com/nl/news/chinese-central-bank-deputy-governor-wants-china-to-accelerate-pboc-rollout
China is a powerful country economically that's a fact but I'm very sure that other countries will follow up without wasting anytime, most especially united States of america, they don't like taking the last when it comes to one step ahead, always competitive but china is more friendly with crypto and digital currency, they will always be ahead of other countries.