Xi Jinping’s Yuan Push: A Fiat Battle with Bitcoin Implications
Xi Jinping’s Yuan Gambit: A Fiat Power Play with Crypto Implications Chinese President Xi Jinping has laid out a daring blueprint to transform the renminbi, or yuan, into a global reserve currency, directly challenging the US dollar’s iron grip on international finance. Published in Qiushi, the Communist Party’s ideological journal, this vision from a 2024 […]
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