Will the Chinese Yuan Dethrone the Mighty $$?
What is one to make our of the the emergence of a blockchain-enabled digital Yuan? China has become the first major economy to issue a digital version of its currency and that has Fed chiefs in the US concerned that the dollar’s status as the world’s go-to reserve currency might be under threat or even attacked. “Anything that threatens the dollar is a national security issue. This threatens the dollar over the long term,” argued Josh Lipsky of the Atlantic Council. Nearly 90