0:00 – Video Preview
0:57 – Intro to Richard Turrin and China Digital Currency
2:28 – How Digital Currency is Helping Caribbean Nations
4:37 – How Asia is Leading the Digital Currency Movement
6:31 – Why are American Banks leaving the Caribbean?
8:20 – Why Nations Will Use China’s Digital RMB instead of USD
11:53 – How Digital Currency can help prevent Money Laundering
14:23 – How Global Trade will increase the need for Digital RMB
16:46 – Does America Want to Help Developing Nations?
20:36 – Why Digital Currency Technology is the Future
America banks are leaving the Caribbean, as a result many nations are underbanked and are having a harder time accessing USD. This is creating a huge opportunity for China. Caribbean nations already import the majority of its products from China, and with the rise of China’s digital currency, there are many developing nations around the world that will be happy to use the digital RMB to pay for goods.
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✅ Check Out Richard’s Book “Cashless” Here: https://amzn.to/2RS0jl4
✅ Richard Turrin on China’s Digital Currency: https://youtu.be/cHQFCCkR2bg
✅ Richard Turrin on LinkedIn Leaving China: https://youtu.be/TdhPysyGgb0
✅ Richard Turrin on China’s Algorithm Laws: https://youtu.be/Z70SwWSg1OY
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#china #caribbean #digitalcurrency
