It appears China is not very stoked about Trump's plan to incorporate bitcoin into the National strategic reserve. And why not? China and the BRICS nations have been stacking gold heavily over the last few years, due to fiat currency losing its purchasing power world wide and wanting to get away from US Dollar. Trumps adoption of bitcoin completely undermines the BRICS agenda. Here's a 3 min read from South China Morning Post outlining this.

https://sc.mp/1ekko?utm_source=copy-link&utm_campaign=3293273&utm_medium=share_widget

Reply to this note

Please Login to reply.

Discussion

No replies yet.