This is the beginning of the end of the current monetary system that started well over 50 years ago. In the next few years, the world will experience the end of another failed experiment of unlimited debt creation and fake fiat money. Digital currency is here and is not going away. For everybody that uses paper money, this change is coming soon. The Chinese government has already implemented a digital currency. China’s e-CNY, or digital yuan, trial has reached 34.5 billion yuan ($5.3 billion) in transaction value as the central bank continues to outpace global peers in developing a virtual currency.
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