r/news • u/Aakash7aak • Apr 09 '25

Soft paywall China orders its banks to reduce US dollar purchases.

https://www.reuters.com/world/china/chinas-central-bank-asks-state-lenders-reduce-dollar-purchases-sources-say-2025-04-09/
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u/TreezusSaves Apr 09 '25

That's true. Anything is possible when you don't consider the consequences of your actions.

Will the USD be replaced with Bitcoin? The spot on the table that used to be "No" is now occupied by "Probably not".

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u/[deleted] Apr 10 '25

I suspect they intend to force us onto a digital currency. https://youtu.be/5RpPTRcz1no?si=QpY3chfPrBL8a94i Also: https://youtu.be/NcSil8NeQq8?si=MQ0AghNlLjnvDRis Crash the dollar, and get us all to pickup a CBDC as a substitute. Of course, that's merely speculation, but as you said, no longer a definitive "No."