The central bank of China, the PBOC is hiring a team of people to develop a new digital currency which utilizes the blockchain technology. They join the other central banks which have publicly declared they’re looking into the feasibility of blockchain. This could really be a game changer.
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The central bank of China, the PBOC is hiring a team of people to develop a new digital currency which utilizes the blockchain technology. They join the other central banks which have publicly declared they’re looking into the feasibility of blockchain. This could really be a game changer.
china chinese yuan people's bank of china currency digital blockchain US dollar reserve currency bitcoin
The picture looks like gold backed yuan
I'm not even sure if this is real. But the digital currency they want is a fact. Confirmed by their own government.
What if, Bitcoin was the Beta test for a global digital currency?
@artemisia the evidence supports it, and bitcoin is regulated so there is no conflict of interest with the establishment, yet many individual falsely believe they are rivals.
I've been pondering the same thing. Food to know there are others out there who have the same suspicions.
In my posts I offer the evidence - this goes far beyond mere suspicions and theories.
what muddles the waters is the fact that many "white hats" do exist and other individuals who believe they are doing the right thing with blockchain (FINTECH) technologies.
So what the internet, alternative and complementary currencies need is Jiu Jitsu - with the removal of central banks (i and many others have a end the fed campaign) would allow many creative problem solving efforts to move forward and heal the People worldwide.
Yeah, there are theories on that.
yep, Alan Greenspan is the man behind Satochi Nakamoto,...,or not,...
I've thought about that myself and I don't know if it matters for the safety and use of Bitcoin. It's possible though. Anything is these days.
This is what I feared about crypto's. When each gov't has it's own it'll be the battle of which country allows transactions to which "friendly" country sparking off more conflicts.
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@themoneygps This is old news, all central banks have invested in blockchain supercomputers and will implement FINTECH as they call it for their digital economy in the 4th industrial revolution (aka Cashless Society).
I'm speaking specifically of the PBOC and their recent comment.
@themoneygps okay David, but the central banks will all have to make their official statements eventually. Meanwhile our research needs to reveal their social engineering plans in advance.
Thanks for being here and amplifying awareness worldwide, brother!
I found you!!! Love your videos, very interesting.
Thank you for watching!
Yes this is older news but I think it's good news. If a big country like China releases a crypto version of their currency, it's just a matter of time before other countries do it. Then we'll have the ability to convert between currencies in a snap. And when people look at the inflationary government cryptos they'll see the benefit of storing their wealth in currencies with lower inflation, including bitcoin. And competition between international currencies will pressure them to inflate less, and the ones that do inflate will tank in value, as it should. When they take this action their currencies will be subject to the free market rather than the controlled market that currently dominates. That will give the people a better deal. Love it!
Great Video! I found this on my you tube suggestion and I wanted to come over here on steemit to give you an upvotes!
Great work on this-thanks