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A comment on China Creates Its Own Digital Currency, a First for Major Economy. Parent comment

Re:China Creates Its Own Digital Currency, a First for Major... by AnimalMuppet on Wednesday April 07, 2021 @04:34PM (#26730843)
First, that's irrelevant to the discussion here, which is China's digital currency. The citizens of China are not going to be given the chance to vote for any such thing.

Second, even if what you say comes to pass, so what? If I'm into crypto because of independence from governments, how does what you're suggesting make me any more interested in using that currency?

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Re:China Creates Its Own Digital Currency, a First for Major... by loceng on Wednesday April 07, 2021 @06:22PM (#26732232)
Because of the pitfalls of Bitcoin and because of the value that comes from trusted centralized services; just because there are existing problems with current governments doesn't mean the ideal or best solution is disregarding them and creating/supporting a wildwest situation.
[ Parent | on HN ]