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The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering
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...
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Now They Think Babies Can Be Racist...
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