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RE: Bullish on BitShares: BitCNY on AEX and BitUSD > USDT

in #bitshares6 years ago

China has been eyeing to have its currency replace the U.S dollar as the global reserve currency. This is quite clear in the manner in which, China pushed the IMF to have its currency included in the basket of global reserve currencies. In essence, as China soldiers on with its push for global dominance, you can expect the value of its currency to grow in the long-run. As such, making an investment in BitCNY coin right now, gives you the opportunity for long-term growth without the uncertainty that is characteristic of the rest of the crypto market.

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That's an interesting take on it. Never thought about buying bitCNY for that reason. I def think the future global reserve currency will likely be a basket of assets and currencies of some kind

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