• GaveUp [love/loves]
    ·
    1 year ago

    This one is on the Blockchain and China is staking 10% of their sovereign wealth fund for guaranteed 12% rewards

    • loathsome dongeater@lemmygrad.ml
      ·
      1 year ago

      Moreover multiple slurp juices can be used on a single digital yuan. If you have three slurp juices and one digital yuan you can create three new digital yuans. When Xi has amassed enough slurp juices he will unleash the unipolar hegemony of the Chinese economy.

    • blobjim [he/him]
      hexagon
      ·
      1 year ago

      It doesn't use blockchain. It's a central bank digital currency. It uses cryptogrsphic properties to enable things like offline transactions, but it doesn't use a blockchain distributed ledger system, last I heard.