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#1 CHINA’S DIGITAL CURRENCY IS MUCH FURTHER AHEAD THAN THE U.S.
#2 BILLIONS IN TRANSACTIONS HAVE ALREADY GONE THROUGH
#3 THIS WILL LIKELY BE SIMILAR IN MOST COUNTRIES
China’s new digital currency, e-cny, digital rmb. There are cryptocurrencies, cryptos, and the CBDC, central bank digital currencies. There is upward pressure on markets right now globally because of the inflation of the money supply. As a result, we are finding prices of just about everything being higher. Money, cash, debt is coming into the markets at this time finding its way into stocks, bonds, real estate.
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.
#bitcoin #china #crypto
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