April fools sucker! If China really did that we'd see 100% gains in a matter of minutes! One day national currencies will be on the blockchain though and much sooner than we think.
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April fools sucker! If China really did that we'd see 100% gains in a matter of minutes! One day national currencies will be on the blockchain though and much sooner than we think.
Yes we would. Unfortunately I don't think that news is ever coming. They like to control their money too much.
The day is coming though where we will see fiat on the blockchain like a ERC-20 token. You could have a private blockchain with its own rules but links to Ethereum via a plasma side chain that can scale to 1000's of transactions per second. They already have the MVP now.