👀 The media of the Communist Party of China published an article about cryptocurrencies
🟢 They talked about three types of digital assets: bitcoin, stablecoins, and CBDC.
🟢 They pointed out the decentralization of bitcoin and its projected issuance as its main advantages.
🟢 They noted that bitcoin cannot be a currency due to volatility, but has investment value.
🟢 They stated that stablecoins could impact the international financial system and strengthen the hegemony of the dollar.
The author called for the use of all three forms of digital currencies to gain benefits from the development of digitalization.
So, maybe... at least unban mining, and then there could be cryptocurrency exchanges for selling bitcoins? And then start buying bitcoins for reserves.🫢