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I agree. That's why China is doing it.
by stretchwithme 6y ago
I agree. That's why China is doing it.
- MichaelMoser123 6y agowow, the DCEP is the big brother version of crypto currencies; https://www.inaa.org/how-does-chinas-dcep-currency-work/ https://www.inaa.org/how-does-chinas-dcep-currency-work/ "Instead of relying on forecasts and estimates, the data collected by DCEP payments will provide China’s central bank with a treasure chest of information that can be used to monitor economic trends, predict consumer behaviours and resolve issues before they would normally reveal themselves." Do you know more about the DCEP? who is setting the rate? How do they support offline transactions? Do they have contracts?