China announces crypto-currency as their official coin
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21st January 2021, 07:16 PM
Join Date: Jul 2006
Originally Posted by
First hint this makes no sense, why would a central bank create a digital currency and allow its value to fluctuate with respect to its official currency?
I mean they
control the value of their currency really hard they would do the same with any digital currency
Sure they can. They can just create/issue more and more and more of if to maintain the value at ¥0.12
It looks like clear winner for the government to me.
"Reality is what's left when you cease to believe." Philip K. Dick
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