Will China's Digital Yuan Apps Push the Digital Dollar Ahead? | HackerNoon

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'Will China's Digital Yuan Apps Push the Digital Dollar Ahead?' by MichaelBrooksPR digitaldollar digitalyuan

from the Chinese crypto crackdown that took more than half the world’s miners offline virtually overnight... The recovery is measured by looking at hashrate, an industry term used to describe the computing power of all miners in the bitcoin network. ...data from Blockchain.com shows that the network has completely pared back those loses, up about 113% in five months.mobile devices.

That's right. The terms "controlled" and "centralized" can't be found in any crypto vocabulary. So, you can forget about privacy too. China may have the best interests of the Winter Olympics visitors in mind to make their time enjoyable and payments as simple as possible. On the other hand, China doesn't hesitate to twist some of the most popular brand arms the ensure the supremacy of its digital currency.in October that the Chinese government is pressuring McDonald’s MCD, -0.23% to expand the number of locations at which it accepts digital yuan for payment, beyond the 270 locations in Shanghai where it already does.

 

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