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Re:The potential Orwellian horror of central bank digital cu... by wyxuan on Monday July 12, 2021 @12:45AM (#27807126)
If vaults are holding wads of paper are gathering dust while everyone is using some others currency else's currency (like the eCNY) over the internet as the global reserve currency, that's a pretty convincing case about the potential for a loss of relevance.
Re:The potential Orwellian horror of central bank digital cu... by randomhodler84 on Monday July 12, 2021 @10:41AM (#27810743)
Thing is, nobody outside China wants ecny. It’s a toxic asset, I think Xi greatly over estimates the value of his shitcoin.