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Old 12-31-2020, 01:54 PM   #732
JohnnyB
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From the SCMP a few days ago, on China's digital currency.

Quote:
Driven by latest blockchain technology, China’s digital currency does not require a bank account. This has huge poverty-relief potential for the unbanked poor across the globe.

As Chinese banking authorities have full control, the digital currency will help combat illicit financial transactions. The financial data will facilitate the formulation and execution of monetary policies.
https://amp.scmp.com/comment/opinion...-trap-and-help

Edit: also, looking like btc will pass $30,000USD any day now.
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Last edited by JohnnyB; 12-31-2020 at 01:57 PM.
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