by Nairomi Eriksson published in The World Today
Read original on The World Today's website
Eriksson briefly reviews both China's and Facebook...Show description
Posted 768 days ago
It's important to note that digital currencies can be far from the traditional cryptocurrencies that dominate the media (Bitcoins, Dogecoin now lol). Eriksson dies well to break this down, which I didn't really know about but imagined.
It's also just interesting to see how the race seems to be between a state-spknsored program in China and a capitalist business in America. It's interesting how wildly different the forms of society and government are. The Chinese government invests heavily in their digital currency, essentially handing out free money to test it out, while America reduces taxes and legislation to allow big business to wield power on a global stage.