1/ China does this, #China does that. Whenever China banned #Bitcoin, the price went up. Now as part of the roll-out of their digital surveillance currency, the digital yuan is handed out to citizens of Beijing in form of a lottery. cnbc.com/2021/06/02/chi…
2/ Residents can use two banking apps to apply to win 200 yuan each, in total 40 million renminbi ($6.2 million).
3/ Li Bo, deputy governor of the People’s Bank of China (PBOC), said in April that the central bank would expand the scope of its pilot projects and could even allow foreign visitors at the 2022 Beijing Winter Olympics to use it, he also stated that the digital yuan was for…
4/ …domestic use and doesn’t attempt to challenge the dominance of the US dollar. Li said: “I think our goal is to allow the market to choose and to facilitate international trade and investment.” Isn’t that a contradiction? I’d say, yes, they are challenging the US dollar.
5/ If you like that kind of content, feel free to subscribe to Anita's Weekly with the best stories and educational resources in #Bitcoin from my point of view. Every Friday in your mailbox: anita.link/weekly
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