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RE: China to launch digital yuan next year to replace cash

in #crypto5 years ago

Extremely important news. This means…

The size of transactions would be limited based on identity verification. A phone number alone would permit only small transactions, while providing proof of identity or a photo of a debit card would raise the limit. Speaking with a bank representative in person could allow for the cap to be removed entirely. Suspected criminal activity will be uncovered via transaction histories.

…that you are really not the holder of all that fake centralized digital money, and it also means that the expiration date for the dollar scam has been set… A bigger scam is coming!