The People's Bitcoin

SCMP: China’s central bank steps up efforts to create digital currency
The People’s Bank of China (PBOC) is stepping up its research on a “sovereign digital currency” as it joins other central banks and financial institutions in exploring future forms of money.

...According to a 2017 hiring plan published by the PBOC, the central bank’s scientific research institute is recruiting six researchers to study the technological architecture of digital currencies.
For central control of an economy, nothing beats having an open ledger that allows the government to see every transaction.

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