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Digital “helicopter money” to rescue China

Posted on December 6, 2022

What if China revived its economy thanks to cryptocurrencies? Not just any crypto, of course. Definitely not the explosive technical-financial creations who dreams of a quick fortune in social networks. Many observers think Beijing could use its digital yuan to distribute purchasing power to individuals punished by the pandemic and lockdowns, imposed in Shanghai in particular. This digital variant ofhelicopter money there is more than one advantage for the Chinese government.

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