𝕏xCN first seen 2 d ago, last 2 d ago, peak #4

Gold-backed CBDC push seen sidelining bank branches

Original: There is no place for thousands of bank branches in the post dollar digital world led by CBDC linked to Gold. China is d

A widely shared commentary argues that in a post-dollar, digital currency world tied to gold, thousands of bank branches will become obsolete. It claims China is leading this transition through its central bank digital currency without triggering chaos or manufactured crises, and praises Xi Jinping as one of the world's most mature leaders.

Why now: Ongoing debate about de-dollarisation and China's digital yuan is drawing attention to claims of a gold-backed currency shift.

ChinaXi Jinpingdigital yuanCBDC

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Evidence

• There is no place for thousands of bank branches in the post dollar digital world led by CBDC linked to Gold. China is doing it without causing chaos and pretending collapse with some artificial incident. Xi jinping is one of the most mature leaders in the world. · ankitatIIMA · 1.6K

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