Quote from: milewilda on May 04, 2021, 11:22:16 PM

Quote from: Nanda Dewi277 on May 04, 2021, 10:29:58 PM

China probably is one of the big countries with many influences to the world. But, taking over the world with their digital currency. I don't think it can be. For, this is the world and many people are here involved. Moreover, the US will not probably allow it and there will be economic or financial wars between the two and also other developed countries around the world. And we as common person just watch and see what will happen.

Can we really think that other big and powerful countries would let themselves be controlled by China? No, it wont happen even on my dreams.They can create on what they want but it wont really be enough on control the world and we have seen on how other countries do react into certain things and in spite of involving into other works they would rather create on their own and tending not to be controlled by
any countries outthere.So the obvious answer for this question is definitely No. Digital fiat couldnt control everything, they can create but it would really be just
good locally.

It is possible that only Chinese citizens use digital Yuan, because I believe that no other country wants to use digital Yuan for financial transactions.
Still the USD that will be used by other countries for financial transactions, so if China wants to dominate the world with a digital Yuan, it is very
unlikely that this will happen. So China must think of other ways to dominate the world, or it can focus on selling imitation products that China is
used to, it makes more sense for China to rule the world. Because if they expect from using digital Yuan it will not work.