Will the digital RMB eliminate WeChat coins?
Where is the biggest credit of RMB banknotes?
Even if it is obtained through fraud, murder, arson and robbery, 100 yuan in your hand will always be 100 yuan
Even if you need to buy guns and ammunition, or go to prostitution and gambling, 100 yuan in your hand will always be 100 yuan
No one can remotely click a few mouses to invalidate your 100 yuan banknote
If the digital RMB wants to achieve this level of credit, it can only fully support dual offline
Money cannot be turned into money by administrative orders, and money can only be turned into money if it has a value widely recognized by the market
Without dual offline, the digital RMB will never become the digital version of the RMB
Those who say that the current eunuch version of the digital RMB can succeed are those who are strictly Underestimating the credit of RMB banknotes and the difficulty of establishing such credit
The credit of RMB banknotes is not established by anti-fraud, freezing accounts, or transaction limits
When a run occurs, the central bank directly moves the gold bars to the hall. You can take as many gold bars as you can with red paper. When capital is shorted, the central bank uses up all its foreign exchange reserves to protect the market. You can take as many US dollars as you can with red paper
The current digital RMB is at most equivalent to a bank called "Digital RMB" or a payment app called "Digital RMB"
The six major state-owned banks are not without it. Have they eliminated WeChat change?
The UnionPay Cloud QuickPass app is not without it. Have they eliminated WeChat change?
