Re:'One day everyone will use China's digital currency'
by powerapple on Friday September 25, 2020 @06:02AM
(#24588297)
To be able to monitor how money flows is one of the objective of digital currency. In 2008, the government injected 4 trillion into the economy, much of it went into property market instead where it is designated. It is not trying to be a bitcoin, rather a financial tool to control where money flows for QE for example. It is an enhanced banknote.
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