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Why should China develop digital RMB instead of bitcoin?

Bitcoin was invented by a Japanese. Who knows? It's hard to say that it's a global wealth plundering conspiracy of the CIA.

But if we don't participate in the construction of digital currency, we may bear more losses in the future. Now we have the feeling of being driven to the shelves. We have to develop digital currency, but it doesn't mean we have to develop bitcoin. We need to make bitcoin money while suppressing the development of bitcoin, and finally let digital RMB replace it. Instead of suppressing bitcoin mines and miners, we should vigorously support related industries to make domestic mining more competitive. We have a stable power environment and relatively stable employment environment, so we should compete with foreign miners.

And we should vigorously promote our digital RMB. Bitcoin can provide special services to people with special needs, and so can our digital RMB. Don't underestimate the huge profits of grey currency interest chain. Since they can make money with one eye closed, we don't have to be polite. Bitcoin has turned bitcoin into a tool for their speculation by means of pseudo center. We can also turn digital RMB into financial products. As a financial product, digital currency makes money no matter whether it rises or falls. This is also one of the main reasons for making money in banking, securities, financial management and other industries.

We must take a cautious attitude towards the development of digital currency and remember not to be their successor. Digital currency as the future currency battlefield, we need to be cautious to develop. If bitcoin doesn't work for us, we should build a new monetary system and replace it with bitcoin.

(2021-3-21)

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