The digital Yuan, e-CNY, or CBDC? They've been talking about this for years. Here's a link to an article from 2019. This guys talking about "breaking news", gimme a break lol. This is nothing new and is only intended for domestic use, not cross-border transactions, at least initially. China wants a cashless society so they can control their people even more. The U.S. dollar’s position as the world’s most trusted reserve currency is not about to end because of this Chinese shit coin. Don't forget the CCP are hard core communist and the yuan whether digital or physical will not become a valued international currency anytime soon. Who TF trusts China? Would you trade your US dollars in for Yuan? No f'n way. This dude is fear mongering, it's just click bait. This guy Christopher is a tool. He thinks the dollar is going to 0 because of this? Hilarious. BTW, China's economy is far worse off than ours. They have more debt and a housing bubble that makes ours look tiny. China's economy will implode soon just like Japan's did in 1991. Remember "The Lost Decade"? Chinas crash will be far worse, and it's coming soon. CBDC is no threat to the King Dollar.
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