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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (171439)	5/11/2021 1:38:07 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 219556

Missing the point (BB).. it is not a challenge to USD.. that comes from elsewhere :) Digital Yuan is not about that... China just making monetary system more efficient.. and not competition for cryptos either as I have previously stated... Not really a tough transition ... Think about controls on Alipay ... ... part of the program ... They will be using and building upon this infrastructure.. I am patient :)

To: TobagoJack who wrote (171439)	5/21/2021 5:48:41 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 219556

As China moves closer to rolling out the world’s first major sovereign digital currency, speculation over the global implications has reached a fever pitch. What do they mean first sovereign digital currency? For a decade or three, digital money has been the norm. Zipzap mastercard/visa on paper went digital on EFTPOS in the 20th century. I load up on cash just for old times sake and because interest rates at 0% mean I like to hold the money rather than be an unsecured creditor to the bank, with coronal mass ejection electronic downtime risk. Just a couple of years ago London had a big electrical failure so supermarkets couldn't open. But cash would work when push comes to shove. How is a digital yuan different from a digital Pommy pound, Yankee dollar, Kiwi $kiwi, yen, etc? They are all just political central bank bullshit. They are all just pixelated political promissory notes unbacked by anything other than greed, swindling, dilution and destruction. Mqurice