The Chinese Central Bank Issues a New Digital Currency

The chinese central bank has just issued a new digital currency, which is not a crypto currency. So it's not the same as bit coin and etherium in it's like underlying structure is digital. It raises all sorts of interesting questions about why the central bank created it,. What it might mean for how transactions are conducted within china, but also how transactions are carried out across country borders. And so what it might mean in the long run, maybe we can start here with this question: does the possibility of transacting in digital currencies without using the us Financial system? Is this the beginning of the end of the us? Lars roll in the system? I still think we're basic