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china entering the cryptocurrency world!! episode artwork

Apr 29, 2021 37 min

china entering the cryptocurrency world!!

from Hugo Talks Life Hosted by Hugo Alvarez

looks like a new country is entering into the cryptocurrency!!! so now you see what is happening? have you open your eyes yet? or do you need to see more things to realize what is behind this pandemic!!! let us dive in and check out what I have discovered check out this article about the info we talk about today by Forbes Magazine: Amid questions and speculation about China’s new central bank-backed digital currency termed DCEP, one thing remains clear: to the extent that China is working on digital currency, the main benefits would be to replace fiat cash with a layer of traceable digital cash, ingesting another layer of data into the fearsome data machine that powers both government monitoring and the domestic machine learning industry — as well as providing enough “credible” decentralization so that the RMB could continue a digital ascent to greater internationalization and perhaps challenge the USD’s position as the premier reserve currency of the world. shorturl.at/gsB27

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china entering the cryptocurrency world!!

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