China Looking For Adopting Cryptocurrency As National Currency
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China Looking For Adopting Cryptocurrency As National Currency

By Jw1 | JW | 2 Nov 2020


China Looking For Adopting Cryptocurrency As National Currency :

 

 

China being surviving and actually growing without any much problem even in this situation of world Economy collapsing, is now on its way to get its economy fully digital.

 

  • Actually China wants to get free from the Dollar($) dominance on its currency.

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  • So, China is trying to get itself out of the US Dollar dominated world, This actually has many political angles too, like how the US shows its dominance over other economies through its powerful dollar. And after being under US president Donald Trump's strict nature on china, they are trying to make their way out of anything that can cause obstruction to their economic growth.

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  • Seems, like digital Yuan is not so far from being reality in the coming days.

 

 

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Jw1
Jw1

A Blockchain developer, been into the IT profession for years, Good market analyst, Been into cryptocurrency for 4 years. Would be delighted to share my knowledge with people.


JW
JW

Expert in Cryptocurrency and maket analysis. Contributing positively to people's knowledge & wealth.

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