Comments by "leapdrive" (@leapdrive) on "Why is China urgently pushing for digital RMB? | Could China be independent from the USD?" video.

  1. Digital RMB is not backed by gold and, if China says it is, it will be faked gold. It also is open to the CCP’s control and therefore will be used as political tool open to confiscation. Any credit received in transactions will not be convertible to gold-backed dollars or be used in the new Quantum Financial System. China’s system is too dependent on the CCP’s whims and will not attract most foreign entities. Their system will be dead on arrival pitted against the QFS and, it will send China to its knees. Goodbye China.
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