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RE: The US trading war with China - Is China up for a financial crisis?

in Project HOPE2 months ago

a really difficult situation, I'm not an expert but I agree with you that China going to be empowered with the use of cryptocurrencies, and this is going to happen in many countries, this whole covid crisis has led to more use of digital media that's really a great solution.

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I am curious about whether they will go to cryptocurrencies or not. If they do, they will for sure find a way in which they can manipulate it, but since the entire idea of blockchain is that everything is transparent, I am curious to find out how it will work. But, the idea of a kind of USD stable coin or a Chinese itself stable coin could be interesting from their perspective.

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