0 sats \ 1 reply \ @Solomonsatoshi 18h \ parent \ on: EV Trade War Heats Up: China Challenges EU's 35% Tariff at WTO news
There is no country that would not suffer economic loss if it ceases trade with China. China is already demonstrating with Russia and Iran that it can provide a near full alternative to the wests monetary, military and mercantile hegemony. Bitcoin looks very unlikely to replace the USD- the Chinese CBDC EYuan already is.
write
preview
this territory is moderated
131 sats \ 0 replies \ @Cje95 16h
You’ve seen the stuff about the EYuan though right? The Chinese people consistently convert it to real Chinese Yuan because they don’t trust the government lol
They don’t want their money to “expire” or be removed without their consent like the EYuan allows
reply