Zhou Xiaochuan: Libra predicts that there will be a strong global currency in the future. China should plan ahead.
On July 9th, at the seminar on “China's Foreign Exchange Management Reform and Development”, Zhou Xiaochuan, former president of the People's Bank of China and president of the China Finance Association, commented on Libra, the popular Facebook cryptocurrency, and thought that there might be a kind of future. A more international, more global currency leads […]
The popularity of bitcoin is increasing international liquidity
As the popularity of Bitcoin continues to increase, transaction costs also rise, which has led to continued voices in Bitcoin, which has been steadily swaying. The average transaction cost is more than $2, and the bears are convinced that Bitcoin has a bleak future, because no one will spend $2 on payment, especially in comparison […]
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