It makes #Bitcoin look weak, if the people promoting it are afraid that it can't compete on a level playing field with other currencies. It's one of the largest currencies in the world, now; nearly the same size as the Swiss Franc. It is quickly moving into place to become the largest reserve asset after gold and US treasuries, and the LN network is eating away at all other financial networks. Open the market. Let the users choose. And may the best currency win. #ecash https://i.nostr.build/k3f7yOSlXCieJxhe.png https://i.nostr.build/WB4NqUF0SrcFQvq5.png
When did CNY become number one. There is a problem in this table, isn’t it?
No, it's always been number one. It's just not used as much, as the others, outside of the country. But there are over 1,4 billion Chinese people using it. For international trade, it's lagging behind, at fourth in the list, behind the USD, Euro, and GBP. https://asia.nikkei.com/Business/Markets/Currencies/China-s-yuan-rises-to-4th-most-used-currency-in-global-settlements
I'm very comfortable to use LN as backbone for transferring value with ecash mints as gateways to whatver currency it peggs to.
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