Post
Topic
Board Altcoin Discussion
Re: China's digital yuan vs US dollar
by
articlecity
on 14/10/2020, 19:13:07 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 deserves this power and dominancy because with this initiative they have become world innovation leader and others will learn and follow them in years to come. So China will be seeing better position both socially and financially due to this forward leap.