Alex Gladstein, chief technique officer of the Human Rights Basis, explains why he believes China’s new pro-blockchain stance may turn into a blunder for the nation and why this might result in a pink capsule/blue capsule second that will get Chinese language residents concerned with Bitcoin. He additionally talks about how the nation may use a digital yuan as monetary leverage in different nations, and why he’s skeptical of the Chinese language authorities’s claims that nameless transactions might be doable within the forex, known as DCEP. We additionally speak about how cautious residents around the globe must be as extra societies go cashless, how firms are beginning to self-censor resulting from China’s monetary leverage and what the connection is between monetary freedom and free speech.
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Episode hyperlinks:
Alex Gladstein: https://twitter.com/gladstein
China’s enterprise blockchain tasks:
https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects
China’s push to assist cryptography: https://www.coindesk.com/chinas-congress-passes-cryptography-law-effective-jan-1-2020
Articles saying DCEP can be utilized like money, doesn’t require checking account: https://www.coindesk.com/new-head-of-chinas-digital-currency-says-it-beats-facebook-libra-on-tech-features
A Chinese language dissident’s view on the nation’s blockchain push
https://www.coindesk.com/bitcoin-dissident-sees-dark-warnings-in-chinas-blockchain-push
Information recap
To see the hyperlinks on this week’s information recap, go to https://unchainedpodcast.com/only-we-chinese-pump-with-real-money/
