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Orange Crush | 10 months ago (raw) | root | parent | reply | flag 
 How does the E-CNY fit in? Sorry, trying to learn. Is it a “drain” for bank liquidity in the same way Bitcoin is?
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Theory of Everything | 10 months ago (raw) | root | parent | reply | flag 
 E-CNY is the Chinese CBDC equivalent, Is an ERC-20 token, And is totally programmable. The social credit score system is totally built in, The government can deposit or withdraw E-CNY from wallets without permission, It is exactly what bitcoiners are afraid the dollar will turn into. Complete surveillance currency. There is even an app on the apple App Store to swap for E-CNY. https://apps.apple.com/hk/app/e-cny/id1571652872?l=en-GB
This whole system is why congress is bringing up this whole discussion, Because the most fraudulent players are about to be put on blast by a totally transparent financial system, Or China will be the largest shareholder of USA inc.