The Putnam Twist: The End of Value

The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering Authored by James Gorrie via The Epoch Times (emphasis ours), For years, the Chinese Communist Party (CCP) has positioned the digital yuan (e-CNY) as the ultimate weapon of financial totalitarianism. It was intended to be the crowning achievement of the surveillance state. With a programmable, traceable digital currency, Beijing thought it would finally break the back of private payment giants like Alipay and WeChat Pay. Signage of the Chinese digital currency is seen near a coffee store in the New Actuation Fintech Center...

“What the West has, and has had for some time now, is a single-shot military. One serious campaign, whether finally won or lost, would disarm the West for a decade.” — “ Aurelien” This, folks, is the simple truth of the matter. The US simply could not, at this moment — nor at any time […]