OpinionThinking About China

Bitcoin Won’t Replace the Dollar—but China’s Digital Currency Might

Save
Bitcoin Won’t Replace the Dollar—but China’s Digital Currency Might
A sign for China's new digital currency, electronic Chinese yuan (e-CNY), is displayed at a shopping mall in Shanghai, China, on March 8, 2021. STR/AFP via Getty Images
John Mac Ghlionn
Updated:
0:00
Commentary
In 2009, bitcoin, the world’s first decentralized digital currency was created. Designed to replace the U.S. dollar, the global reserve currency, bitcoin has become a sort of Rorschach test for humanity.
John Mac Ghlionn
John Mac Ghlionn
Author
John Mac Ghlionn is a researcher and essayist. He covers psychology and social relations, and has a keen interest in social dysfunction and media manipulation. His work has been published by the New York Post, The Sydney Morning Herald, Newsweek, National Review, and The Spectator US, among others.
twitter
Related Topics