Trying China’s Digital Yuan e-CNY

Digital currency should be avoided at all costs.

😂😂 govt can track literally every transaction from buying what to where…..they can literally put a expiry on note to force people to use it to increase consumption and don’t even talk about blocking money for even a small protest

The fact that nobody is talking about this is TERRIFYING. Ever notice the most important subjects happen to be boring, intimidating, and loaded with jargon? (i.e., finance) pretty convenient for those in power huh?. Majority of humans don't understand how monetary systems work, and the pack-a-punched monetary system for this millennium is on the horizon.

if you find a subject boring (like finance or government) that's because it's intended to be, and that's the exact mindset they want the little guy to have—"f**k this I'm gonna watch tik tok for three hours instead". When you say you "don't care" to learn about it you're lying to yourself; you're intimidated by the complexity and have no internal locus of control. Just f**king try to understand it, nobody can understand it for you but yourself.

I've always felt weary about making public comments like this but I just don't give a f**k anymore. Plus, the people who really need to read the above won't even see this since their algorithm has them in an echo chamber of their little world. (i'm not saying i'm special or an exception, i'm not; i'm a f**kin idiot too! I found out I'm an idiot by learning stuff, and when I learn more tomorrow I'll realize how much of a bigger idiot I am). The danger is thinking you know it all.... nobody ever does or ever will.

good night

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Anyone can steal your phone..This is retarded

Steal your phone...steal your money. This is stupid!!

That's really wierd looking spaghetti

India will also soon launch it's CBDC Digital Rupee for Wholesale & Retail use ♥️🔥

So what exactly is it? Since you have to transfer money you already have into this separate account. Are other mobile payments not accepted?

if America didn't started first it's a human right violation.

I not liking China digital currency, if I'm president I probably wouldn't be doing digital currency but if do then I STILL GIVE OPTION CASH N DIGITAL

so no privacy is being applauded what a scam this is

Governments and companies around the world already have the ability to track and monitor credit cards, atm transactions, wire transfers, and even cash withdrawals over a certain amount of money.

Worried about the government tracking you for buying some snacks? Unless you're planning to so something illegal, I don't think you should be too worried about the government tracking you for buying some snacks. And no government has the time to track your snack buying habits.

Surprising that the US, and to some degree the EU, will be years behind to rollout their digital currencies,it's clearly the way of the near future.