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Comment by cheschire

I can imagine a world where China finalizes their "official" crypto currency, transitions their entire economy over, forces all international trade to use it, and it becomes the standard currency for logistics. It'll provide traceability for them for all Chinese-connected transactions forever. The best oversight and control mechanism. They find current sanctions ineffective because the levers aren't strong enough yet, but they'll be more than happy to sanction countries themselves in the future.
parent cheschire 4 years ago

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