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The Chinese Digital Yuan Is Not Just Gold
Is it kind of like out of the frying pan into the fire? I mean, could you expect any world leader to operate differently in that position? And if you're changing from the west to the east and therefore your superpower moves from the US to China, it's not like you're jumping into some massively authentic, transparent civil rights favorable. Now you have a currency that has gold pegged to it with the mutability and the veracity denoted on the distributed ledger for the whole world to see. So while we may not like the fact that they're a little bit weaker, shall we say, on human rights and things that we the west embrace, on the other hand, they are