[foepys]

China is already on its way of doing this. WeChat (built by Tencent, a government supported company) is the payment platform between businesses and customers nowadays. As soon as China gets reliable internet and power into its western parts, everything will become digital.

[starshadowx2]

Just being digital isn't equal to a cryptocurrency.

I'm aware of Wechat and how pretty much everything is connected to it now. I'm more wondering of the global political-economic consequences of China beating the US at this.