China’s new Central Bank Digital Currency CBDC made easy in 10 minutes!
This video is the easiest way yet of learning about China’s new CBDC and a great introduction to my book “Cashless.”
Thank-you Cyrus Janssen 王德中 !
CBDCs are coming to the West as well and this video is a start to better understanding our shared cashless future not just China’s.
Here’s what’s inside:
00:59 – What is Digital Currency?
01:29 – How is this different from WeChat Pay and Alipay?
02:11 – Will Digital Currency Replace WeChat Pay and Alipay?
03:10 – How will Digital Currency Affect Currency Reserves?
04:07 – Can the Digital RMB replace the US Dollar as a reserve currency?
05:29 – What’s the biggest misconception with Digital Currency?
06:24 – Is Digital Currency the end of SWIFT Payments?
07:08 – What’s the difference between Digital Currency and Crypto?
07:52 – What other countries are developing a digital currency?
08:23 – America’s Need for Digital Currency
09:04 – Will the world trust China’s Digital Currency?
Cyrus is a leading voice covering China on YouTube and Linkedin and his videos are not to be missed!