what?
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Going to be funny to watch US get left behind for being so anti-innovation, Zuck was literally giving them the reins to have full oversight on a world digital currency and now China will get in front and US will have no control.
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I was just going to post the same thing. Compare it to the shitshow hearing on Congress on Libra. It shows perfectly the difference between an ambitious growing, overtaking world power China, vs a crumbling struggling world power America.
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Very good news Paolo
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They tend to do things opposite US does. This is how they works in the first place.
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Might be a good strategy long term
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I'm not sure. The new PBOC digital coin won't even feature any kind of blockchain type technology. I think they are just trying to take power away from Alipay by releasing a similar, but endorsed, product.
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