Friday, 16 April 2021

Only Last Week,

I mentioned I had no idea how Bitcoin worked,


but China does, and according to this article, “Once a digital yuan is introduced, that’s going to be one of the biggest risks in crypto,” Gillespie, who previously worked in currency markets for Goldman Sachs Group Inc., said in an interview. “Panic selling” is possible if the new rules end up sucking liquidity from trading platforms for digital coins, he said, as it happens, 'One day everyone will use China's digital currency' according to the BBC way back in September last year, it is not looking good for Bitcoin if this article is to be believed, so do we wait to buy crypto yuan or stick with paper money? it is all a mystery to me!


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