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Post by SPIRIT » April 7th, 2021, 9:03 pm China Becomes First Nation On Earth To Create A Digital Currency In Move That Could Threaten The Global Dominance Of The United States Dollar Beijing is also positioning the digital yuan for international use and designing it to be untethered to the global financial system, where the U.S. dollar has been king since World War II. China is embracing digitization in many forms, including money, in a bid to gain more centralized control while getting a head start on technologies of the future that it regards as up for grabs. “In...
