Articlealmost 3 years ago

The Political Implications of China's Digital Yuan and its Impact on Cryptocurrency

The Political Implications of China's Digital Yuan and its Impact on Cryptocurrency
Summary
  • Cryptocurrency has had various political waves, starting with its cypherpunk origins and leading to Facebook's failed attempt at creating a currency.
  • The digital yuan represents the antithesis of cryptocurrency's anti-establishment values and may be a surveillance tool.

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