What Does The Digital Yuan Mean For Bitcoin?
"While the digital yuan has the backing of the PBOC, there are several ways in which it cannot complete, technically, with bitcoin."
Written by Judy Smith.
https://bitcoinmagazine.com/articles/what-does-the-digital-yuan-mean-for-bitcoin
This "digital yuan" (AKA Digital RMB, AKA DCEP, AKA CBDC) is nothing like an electronic alternative to cash.
To-date, these trials have been more like prepaid funds that can be spent only at a limited set of retailers, & definitely cannot be deposited/converted to cash, or sold, or transferred as a gift even.
#Bitcoin 
#China #DCEP #CBDC #DigitalRMB #DigitalYuan #Yuan #PBOC #P2P #OTC #RMB #CNY $RMB $CNY
Bitcoin Magazine
Cointastical ☑️