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Winston Smith
China Observer
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Comments by "Winston Smith" (@kryts27) on "Huge Trap! China Promotes the Internationalization of RMB, Digital RMB Causes Big Economic Trouble" video.
Apparently the Central Bank of China uses an off-line application for digital RMB transactions. This offline system is open to fraud and untrackable transactions (the CCP can capture all this online, but not until the off-line transactions go online). Since, under the severe current economic recession in China, the CCP becomes more and more a kleptocracy of it's own people, both at the national and provincial level. Hence, another reason to mistrust the digital RMB.
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