Post
Topic
Board Economics
Re: Will China take over the world with the Digital Yuan?
by
doomistake
on 08/05/2021, 15:24:22 UTC
It's too early to assume that. They may be the first country that has launched a digital currency of their own, but that doesn't automatically mean that they will and can take over the world just by doing that. US is still ahead of China according to statistics. Although I commend them for handling the pandemic better than other countries. Still, we can't just declare that they can overthrow the leading country and reserved currency in an instant.