Ripple co-founder warns the US could lose a "tech cold war" with China

in #news • 4 years ago

China’s dominance in blockchain and financial technology could oust the US-led global financial system, according to Larsen.
By Forkast.News Staff

Screenshot_20200824-114135_1598265718175.png
In brief
Ripple founder Chris Larsen claims that China and the US are in a "technological cold war"
China has near-ubiquitous use of digital payments, and an upcoming digital yuan which could threaten the US-led financial system.
Larsen also argues that China's control of cryptocurrency hashing power could enable it to meddle with transactions.

4 years ago in #news by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.19
    TRX 0.14
    JST 0.030
    BTC 59715.05
    ETH 3186.24
    USDT 1.00
    SBD 2.42