China’s new digital currency said to be similar to Libra

China’s new digital currency said to be similar to Libra

Reports suggest that China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin. Few further details are known. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the development of the coin would help protect country’s foreign exchange sovereignty.

Timothy
Timothy
H.R. Pufnstuf
H.R. Pufnstuf 4 months

Big fucking shocker🙄

Mitchell
Mitchell 4 months

China was like "Wow, Facebook is ahead of the market in authoritarianism! Let's rip off that U.S. product like we do everything!"

Louis S
Louis S 4 months

All the better to remotely terminate your life at the push of a button, my dear.

Paul C
Paul C 4 months

Anyone that "trusts" digital or electronic anything that originates in China is pretty much asking to be surveilled.

SimonR
SimonR 4 months

Copied?

Big Nate
Big Nate 4 months

Pass

.....
..... 4 months

More IP theft..... #banchina

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