(by Maurizio Giannotti) The Guardian reports that China will begin testing payments in its new digital currency in four major cities next week. In recent months, China's central bank has stepped up the development ofe-RMB, which is destined to be the first digital currency managed by a large economy.
According to reports from Chinese national media, the trial has already started in several cities, including Shenzhen, Suzhou, Chengdu, as well as a new area south of Beijing, Xiong'an and areas that will host some of the events for the Beijing Winter Olympics. of 2022.
The state-run China Daily said that digital currency has been formally adopted in some cities with some civil servants who will receive their wages in this new formula as early as May.
Sina News said the currency will be used to subsidize transportation in Suzhou, but in Xiong the process has focused primarily on food and retail.
The app has been running since last April and will work to store and use digital currency. Some reports claim that companies like McDonald's and Starbucks have agreed to join the circuit. However, Starbucks told The Guardian that it does not intend to join.
Digital payment platforms are already widespread in China, Alipay, owned by Ant Financial of Alibaba, and WeChat Pay, owned by Tencent, but to date they still do not replace the existing currency.
Xu Yuan, an associate professor at Beijing University's National Development Research Institute, told CCTV broadcaster that cash transactions are offline and do not allow the central bank to monitor cash flow in real time. . And then China needs a sovereign national digital currency.
"A sovereign digital currency offers a functional alternative to the regulatory system of the relationship with the dollar and mitigates the impact of any sanctions or threats of exclusion at both the country and company level“Says the China Daily report from last week.
With regard to this absolute novelty, probably all countries that operate with China will be forced, in the not too distant future, to adopt the new digital currency.
It is good not to forget how China is moving on the international stage. Among the most important and profitable operations the invasion in progress in Africa, with the establishment of an important military base in Djibouti, the creation of Chinese micro colonies in almost all the small, medium and large cities of the world, the '' purchase and control of relevant and indispensable infrastructures for the economy of a State such as ports, airports, highways, telecommunication networks using 5G technology and so on.
Thinking locally about what is happening before our eyes, certainly with the connivance of many apparently naive national and community subjects, it is clear that a global disaster is on the horizon if the hegemonic Chinese projects continue to find fertile ground in the Western world. .
In a catastrophic scenario, the US dollar, the euro and all other currencies would disappear and with them all our savings, the disaster would be far worse than that which struck the lira when the Prodi government decided to enter Italy into the single currency at conditions we all know.
The digital currency heralded by China is a real declaration of war that someone will try to relegate to the usual planetary diatribes of economy and finance manageable with yet another artifice and in any case in some way apparently controllable.
To those who think of liquidating the argument in this way, I would like to affirm that it is not as it seems, this is a move aimed at grabbing global domination over the economy, finance, production, trade, etc. consequent demolition of national sovereignties, the control and enslavement of peoples through the extended limitation of the main freedoms. With a simple word, the e-RMB could be defined as the lock pick to unhinge the door of the "button room" and then take over the world.
If I then think of the pandemic that has been storming the planet for some months, I almost have the feeling that it can act as a valid lubricant for the burglary operation.
Incidentally, I also suspect, not so vague, that in Italy there are not a few favorable ones to the Chinese plan and I am not referring to the annexes and connected ones deriving from the BRI - Belt and Road Initiative - but to other clues. The Sardine Movement advocates the abandonment of national currencies and the advent of a planetary currency. The Sardine Movement is said to have been born from an idea of Prodi & C. and some have written that it is financially supported by the same group. Prof. Romano Prodi has enjoyed great "entries" in China at the top for decades and his uncritical adhesion to the BRI right from the start is one of the proofs.
As someone would say, 3 clues of this nature are a good test and ... I think there is much more to understand
If China were to adopt the e-RMB we only have to hope that the war it will give rise to is contained and avoids the passage ....... "from words to deeds", but I have great doubts about the possibilities, capacity and will of containment of our rulers