158. Digital Yuan Could Surge Bitcoin | Can America Be #1 in Crypto?
Jun 18, 2021 ·
20m 5s
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Description
Officially known as a Digital Currency Electronic Payment (DCEP), China wants to replace its fiat currency with the digital one to encourage cashless transactions, ushering in a new era for...
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Officially known as a Digital Currency Electronic Payment (DCEP), China wants to replace its fiat currency with the digital one to encourage cashless transactions, ushering in a new era for world economics. Like Bitcoin, it also relies on blockchain technology to facilitate and verify transactions, but unlike Bitcoin, it is centrally controlled by regulatory authorities and backed up by fiat currency reserves. With China cracking down on Bitcoin miners and exchanges could this usher in an era where the U.S. is the dominant force in cryptocurrency?
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#Yuan #China #Bitcoin
~Digital Yuan Could Surge Bitcoin | Can America Be #1 in Crypto?~
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Help out our channel with our affiliate link for Trade The Chain - Trade Crypto Like a Pro! http://bit.ly/TradeThePaulChain
#Yuan #China #Bitcoin
~Digital Yuan Could Surge Bitcoin | Can America Be #1 in Crypto?~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
Facebook 📱 https://bit.ly/PBNfacebook
Twitter 📱 http://bit.ly/PBNtwitter
Get Our FREE Breakthrough Business Consultation now!➜ http://bit.ly/PBNbusiness
Have me speak at your event! ➜ http://bit.ly/PBNbusiness
Get 1,000 miles of free Supercharging with the purchase of a new Tesla car ⚡ http://bit.ly/PBNtesla
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Want to start your own virtual event or education series? Try our pro-level virtual event services 🎓 🎬 http://bit.ly/ReverVirtual
Want your own custom podcast? Jump in to the growth in podcasting to reach new and existing customers 🎙️ http://bit.ly/ReverPodcasts
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