Is China’s New Digital Currency Set To Destroy the U.S. Dollar? | Gordon Chang

China is on course to become the first country to roll out a digital version of its currency, our Daniela Cambone speaks with best-selling author Gordon Chang about the significance and importance of the move. "This is not a cryptocurrency— this is a central bank currency, which means the People's Bank of China (PBOC) will know how people are using it. It is basically totalitarian control," Chang explains.

#china #digitalcurrency #dollar

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