Kyle Bass: China’s Digital Currency Is a Blackmail Weapon; Beijing Facing Grave Financial and Demographic Crisis

“Imagine if the Chinese government had access to every Tom, Dick, and Harry in America … and they have the ability to know where your bank account is, what it looks like, what your income is, and if you’re in financial difficulty. Imagine if they could cross-run an algorithm that says, let’s look for U.S. government employees th...