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RE: China to launch digital yuan next year to replace cash

in #crypto4 years ago

Bad move and dangerous to the population if the idea is to replace the cash currency, it leads to full control by issuing entities and say farewell to the last shred of privacy, what if there are people who don't have access to the net? Will it be given free as a human basic right as suggested long ago? In addition to a device, and electricity to charge it?

If it's a supplement to cash then it would be ok.

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