Monday, March 29, 2021

China, Alipay & Tencent

China goes ahead with the sovereign digital currency, provide backup for 'Alibaba and Tencent' in case they are having technical financial problem. More in the article below.

https://www.scmp.com/economy/china-economy/article/3127136/china-digital-currency-provide-backup-alipay-tencents-wechat

China Is Making Cryptocurrency to Challenge Bitcoin and Dollar - Bloomberg

Image - Bloomberg.com

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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.