China’s aiming to launch its digital currency before the Winter Olympics in 2022. Around the globe, countries like England, Canada, Sweden, Singapore and the US are either researching or piloting their own digital currency.
But everyday, we’re already making millions of payments, DIGITALLY.
Digital currency is not something new. They already exist in many forms, mostly known as cryptocurrency, such as Bitcoin, Ethereum, tether or XRP. This brings up the questions:
– What makes this new digital currency different?
– Why all of a sudden in the past three years, central banks around the world started pinching the idea of digital currencies?
– And more importantly, how are they gonna impact us?
If you are interested in why printing money in 2008 didn’t cause inflation, check out below video: https://youtu.be/ylwPyk2UwP8
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