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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (170690)4/19/2021 1:48:26 PM
From: Cogito Ergo Sum  Read Replies (4) of 217588
 
OK Question .. u think digital yuan will be on blockchain ?

I do not think so

I think governments going digital is more to reduce expense of physical money and most to have oversight of every transaction ..

this is not a China/Communist/totalitarian thing alone.. it is also a thing for the West.. defeat underground economy .. drive it to barter level... Barter very tough and inefficient ... ESPECIALLY in modern age... hence fiat.. as medium.. digital currency of governments just a further control mechanism... neutral to Bitcoin et al.. Bitcoin tracking will appear.. the ledger is there .. so government wins

Government needs not cont roll gold too much.. it is an impractical medium for every day ... as is BTC...
Just got old desktop workstation going in new digs in temp spot.. waiting for new Ryzen super box :) hoping to too long
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