WEB Notes: More and more we hear about digital currencies being tested or becoming a reality. California is even working on one. We do not need this, it will not help or protect your data, that is a farce!
Notice, this is for a central bank. Think about the Federal Reserve and Digital Dollars. In reality, once our data and dependence are placed in a cryptosystem, it could easily be tied into a global system. Think ID2020.
China’s Commerce Ministry said it would expand a pilot program for its digital currency to include a number of large cities, advancing a pioneering initiative by a major central bank to launch an electronic payment system.
The digital currency pilot program will cover much of China’s most prosperous regions, the Commerce Ministry said Friday: the capital Beijing and nearby Tianjin and Hebei province in the north; the Yangtze River Delta to the south; and, along China’s wealthy southern coast, Guangdong province and…
Source: WSJ