Some people like to imaging its still pre 2008s era where they grew up. Or they just want to secure their fat dollar bank accounts and not get robbed like the Russian pro western olicharchs.
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- Thread starter bd popeye
- Start date
It would give Kazhakstan more leverage in its negotiation with Russia and China. If Kazhakstan were connected to the ocean via Turkey, then they could act like Vietnam
It has been in testing since 2019/2020 in many places. As of October 2021, 5.6 billion e-RMB was in circulation.
I was going to post this a couple days ago but a ceasefire was announced. Now it seem like that ceasefire is just a flimsy paper and may be flaring up again.
Some older military videos before the ceasefire (within 24 hours before it was announced). Short clips of some vehicles firing, movement, and some other stuff.
Tensions just flaring up all around Russia. NATO-Russia, Armenia-Azerbaijan, Kyrgyzstan-Tajikistan, somewhat US-China. Is there any other emerging conflict that I forgot?
Is Saudi even dialogue partner of SCO?. but logically why will he show up.
There is hierarchy in religion and race. for this to succeed for there interests (supermacy) they want a united west with leader like Trump that can deliver. This Ukraine war is creating united west and with enhance importance of Arabs while dumping every one else like Turkey towards economic crises and tech denials. Putin is doing all he can to associate every one with SCO. so every one becomes in same boat.
One get enemies if one treat others as enemies. That is what the US did and is doing to itself, see where it gets? Please don't try to pain that image on China. Kazakhstan as a new country has not done anything like Vietnam, so it deserves a fresh and respectful treatment from China with good faith.
Being cynical is not wise but self-destructive. Being kind to begin a relationship is not naive but cultivating a long lasting relationship. You don't expect a marriage to last if you begin to calculate your partner from day one. The saying of "countries have no friendship but interest" is really over-rated beyond its true merit.
I still don't quite get the difference between e-RMB and digital money on one's phone wallet.
I mean, I get that e-RMB is supposed to be a state-sanctioned bitcoin, but if I wanna buy a baozi from a shop, do they work the same way, through a digital wallet? Is the fundamental aspect of e-RMB its traceability through blockchain?
AssassinsMace
Lieutenant General
Pelosi trying to make China think her Taiwan trip wasn't just going out her way to single out China. She does this all the time when she doesn't. News just came out that Boeing is selling off orders that were meant for China meaning they've lost hope saving what they had with the China market. If China did order new Boeing planes, the time it would take for them to fulfil that order would just be another opportunity for a US politician to ruin it again and thus Boeing would lose money making planes with no customers for them.
China cancelling their Boeing orders did more than their threat to shoot down Pelosi's plane fully knowing it wasn't going to happen or having military drills around Taiwan because it actually hit the US directly. Look at how the West is talking about punishing China as if they invaded Taiwan to prevent China from invading Taiwan. If you're being punish for something you aren't doing, you might as well do something.
Many digital wallet today such as wechat pay or ali pay are merely a digital interface to draw your debt card or credit card. They are not digital money at all. They work as if you manually drawing your plastic card on a cash machine.
e-RMB on the other hand is equal to paper money in your wallet or numbers in your bank account. You can have all your money in e-RMB form in your phone without a bank account. This is true digital money.
"state sanctioned bitcoin" is a close analog. To be more precise, e-RMB is state issued money based on block-chain technology. Block-chain is like the paper medium.
e-RMB uses block chain tech (or variant) same as bitcoin. But e-RMB is issued by the central bank just like its paper counter part. Bitcoin is not, there is no legal entity guaranteeing its value. So on technology level e-RMB and Bitcoin work the same way. But they are fundamentally different things.
Since e-RMB is just digital form of its paper counter part, both you and the baozi shop could, would and should treat it as normal RMB. For bitcoin, nobody is obligated to use it, nor is anybody to guarantee that your bitcoin is accepted anywhere. Your bitcoin wealth can vaporize in a second.
I know nothing of traceability of e-RMB. But since the underline technology is similar, I'd say yes.
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