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China's Path to a Global Digital Currency: A Rational Analysis of Li Lihui's Blockchain Vision
As a Boston-based crypto analyst with 7 years in blockchain, I dissect Li Lihui's landmark speech on China's digital currency strategy. This article explores the technical and geopolitical implications of developing a state-backed global cryptocurrency, analyzing public vs private blockchains, DC/EP design choices, and how China plans to challenge dollar dominance through technological sovereignty. Spoiler: It's more complicated than Bitcoin.
Blockchain Hub
blockchain
digital yuan
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1 week ago