Why China’s CBDC will succeed, and why it will not
The US is governed by lawyers, while China is governed by technocrats. The two nations’ approaches to blockchain technology and cryptocurrencies illustrate these different compositions/dispositions with a shocking contrast. Is one superior to the other? You be the judge. Or the history will be. The US system worked very well in the last three centuries, largely because the lawyers left the business into the hands of the people (and American people did work hard and… Read More »Why China’s CBDC will succeed, and why it will not