Digital Currencies will Inevitably Disrupt the Old Financial System

Translated by: MOS Education Team – Sarahyy

In the live broadcast on December 3, Mr. Miles Guo explained that digital currencies will bring disruptive changes to the world’s current financial system and old financiers of the United States are standing out to oppose them. 

Mr. Guo said, digital currencies will have far-reaching influences on the world. The supervisory regulations will be launched in the near future and is the necessary process of every newborn currency.  

Mr. Guo mentioned that the U.S. Federal Reserve wants to lift the imposed China tariff to maintain the old financial system. It will be a tragedy for Chinese labors who will be continuously suffering from the exploitation. At the same time, the U.S. will have to keep wages high, tariffs low, costs low, and money printing going, which requires continued exploitation of Chinese labor to maintain the current financial system. But, digital currencies are the inevitable trend and will bring about revolutionary changes.

Source: 
https://gtv.org/video/id=61aa1cecd6388d55041591e6

Proofread by: Mr. Z
Posted by: Mr. Z

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