COVID-19, Currency, and China: A Confluence of Forces

Written by em_ | Published 2020/06/30
Tech Story Tags: opinion | cryptocurrency | federal-reserve | currency | china-and-cryptocurrency | covid-19-and-the-new-normal | digital-currencies | federal-funding

TLDR A profound change is occurring as the US faces a challenge to its Dollar as the global reserve currency. This challenge began when Covid-19 landed in the US, (Seattle was ground zero) and China was leading the race in releasing the first government sanctioned crypto currency. The timing of these events and their correlation with “Covid” makes sense in terms of a “war of sorts of sorts” of sorts to control a new non-fiat currency, removing the need for the US dollar to be a global currency.via the TL;DR App

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Written by em_ | I explore the structures and mechanisms of information through the arts and humanities.
Published by HackerNoon on 2020/06/30