Showing posts with label China's digital Yuan. Show all posts
Showing posts with label China's digital Yuan. Show all posts

20220819

The guts of China's digital Yuan e-CNY don't match the US Fed's DNA

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China's digital Yuan is not processable under the Fed's required US digital dollar standards. It's the currency's DNA question.

An e-CNY digital currency wants to serve a top-down driven economy. The other UUS$$, admissible by the US has to serve a free economy for individual human handling decision or bottom-up.

Draft legislation that seeks to induce more momentum in the US Fed to launch the digital dollar to compete with rivals such as China e-CNY.
..."Democrat Representative Maxine Waters has drafted legislation that aims to have the Fed further study the prospect of a digital dollar and create a path for it to come to fruition, The Wall Street Journal reported "...

It would be nice if the US Fed were willing to launch a digital dollar stagnant in an inefficient design that doesn't contain the essentials of the US dollar's innards. These guts of an energetic, healthy and strong nature, presenting all the useful resources for their handling by people and appropriate for Well-Being.

It is already clear that e-CNY does not teach content that could serve the US Fed's digital dollar. Simply because the guts of the Yuan are not the same as the guts of the dollar. So, expressing these 2 currencies similarly or simply admitting that the digital Yuan precedes the digital dollar is an understatement.

To launch the US digital dollar the design must contain the concept of universociality and the complete processability in individual human hands.

It's easy to see that such design has to allow the construction as proposed at usafed-got-uusdigitaldollar.info .

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