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Will the China Digital Yuan Currency Kill the U.S. Dollar and Become the World Reserve?

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tcb221


July 26, 2021

Anyone that thinks that China’s currency, digital or otherwise could replace the dollar is just plain delusional.


A currency is required to have faith that it does have value by those that accept it.


AND, since not even the CCP knows what is really going on economically in their own country, there is no way to know what the currency is actually worth, other than the CCP saying what it is worth, and that just doesn’t work in the real world.

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