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Learning & News => News related to Crypto => Topic started by: sirty143 on April 27, 2020, 01:11:58 PM

Title: Digital Yuan to Fuel China’s Economic Reign - McDonald’s, Starbucks, Subway Test
Post by: sirty143 on April 27, 2020, 01:11:58 PM

Digital Yuan to Fuel China’s Economic Reign - McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency

(https://i.imgur.com/1IBQY9el.jpg)

Reports this week detail that the People’s Bank of China is making headway with its digital yuan testing... See more for yourself here (https://news.bitcoin.com/digital-yuan-to-fuel-chinas-economic-reign-mcdonalds-starbucks-subway-test-pbocs-cryptocurrency/).

Your opinion is greatly appreciated.

Title: Re: Digital Yuan to Fuel China’s Economic Reign - McDonald’s, Starbucks, Subway Test
Post by: Fenix on April 28, 2020, 07:23:50 AM

The digital yuan of China can indeed play a positive role in the further development of this state and it is quite possible that it can become a worthy competitor to the dollar. World states are lagging behind in creating their digital currency, and China can take advantage of this. Thanks to new technologies, China has achieved its tremendous success in economic development.

Title: Re: Digital Yuan to Fuel China’s Economic Reign - McDonald’s, Starbucks, Subway Test
Post by: bigcash2011 on April 28, 2020, 10:55:15 PM

China is moving step by step towards complete digitalization while other big countries seem to be lagging behind i think if this continues China will become very dominant in this aspect as well and probably can call its digital yuan a world currency.