And On The Other Hand

And On The Other Hand

China and Cryptocurrency

China, as outlined in “Unrestricted Warfare” by Col. Qiao Liang and Col. Wang Xiansui , recently translated from the original People’s Liberation Army documents, is

Picture of Barry J. Klazura

Barry J. Klazura

July 28, 2021

China, as outlined in “Unrestricted Warfare” by Col. Qiao Liang and Col. Wang Xiansui , recently translated from the original People’s Liberation Army documents, is willing to commit to warfare by any means; conventional, biological, hacking, etc. Becoming the world’s dominate currency, especially through cryptocurrency provides China with the ability to strangle any economy. The article linked below points out that possibility and what it can mean to the world. China already is beginning to use non-cash transactions to control its population and stands ready to build a wall of immunity to foreign sanctions for human rights abuses and foreign actions. Is the U.S. taking this threat seriously? https://www.gatestoneinstitute.org/17487/china-digital-currency

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Written by Barry J. Klazura

Writer, historian, and financial advisor. I studied Political Science at Loyola University Chicago and have spent a lifetime reading history. I write because the mainstream will not ask the hard questions. 

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