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Winston Smith
China Observer
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Comments by "Winston Smith" (@kryts27) on "Trump Warns of 100% Tariffs; Digital Yuan Failed; Xi’s Dream Of Replacing USD With RMB Is Shattered" video.
Corruption admittedly works better in a fungible system like banknotes. So in a deeply corrupt society like China, digital RMB is not popular, because it tracks your spending. Actually, all Western banks do that as well and your national governments can track it if it wishes. Digital Weibo and Wechat is trackable by the government of China. I fail to see what digital RMB was created, except for 3-3-16 big egotistical money wasting projects again.
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