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Digital Currency!

Han Dynasty coin. From the private collection of Randy Benzie

Paul has demanded more crypto currency content, and while this isn’t exactly that it’s in the ballpark:

Chinese firms have begun to dominate the fintech sector, and there’s every reason to believe that the stand up of China’s new digital currency will extend and deepen that dominance. Indeed, the prominence of many Chinese firms in the fintech sector has helped lay the necessary foundation for China’s digital leap. This represents an important step in China’s effort to throw off the U.S. dollar’s dominance, as fintech innovation has the potential to become a node of “weaponized interdependence,” the idea that states can exert power through control of multilateral regulatory regimes.

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