Bloomberg Technology
China Wants to Protect the Yuan, Says Prasd
Sep.24 — Cornell University academic, Eswar Prasad, who once led the International Monetary Fund’s China team, says China is just trying to protect the Yuan by banning all crypto transactions in the country. He’s on “Balance of Power.”
Marcie Torreance
September 24, 2021 at 8:09 pm
they want to control there citizens!!! Hello??
Marcie Torreance
September 24, 2021 at 8:12 pm
They are going to be Web 4.0!!! They are the future!!!
Duran
September 24, 2021 at 8:17 pm
This is a Proffesor🤦♂️what an ignorant 🤢🤮
Andrés Prato
September 24, 2021 at 8:53 pm
i agree,
G O
September 25, 2021 at 4:49 am
hi guys will he tell the customer who buys his book to invest in xrp token? whats your guys guess?
Donald Harlan
September 24, 2021 at 8:23 pm
A China Crypro crackdown does not mean that they are banning Bitcoin from Country, just that you criminals who conduct illegal transactions and spread fake coins. 🪙
Joel Bondurant
September 24, 2021 at 9:09 pm
Bitcoin > Terrorist Tokens
Barnett
September 24, 2021 at 9:23 pm
This is the kind of education that your $500k tuition is paying for. The world is shifting beneath our feet, yet anything that doesn’t comply with your 1970s era education is just blown off as speculation.
Mike
September 24, 2021 at 9:44 pm
Keeping their system closed means they lose to the US long term.
Jeff Potter
September 24, 2021 at 11:09 pm
Crypto is not the economy
Mike
September 24, 2021 at 11:29 pm
@Jeff Potter They are closed and closing off more in many ways.
Nar rator
September 24, 2021 at 9:57 pm
Chinese communist party wants to maintain control over their society it’s that simple it’s not about protection of the people it’s about furthering the power of the Chinese communist party wake up
Nar rator
September 24, 2021 at 9:59 pm
The smart Chinese people are going to hold onto their cryptocurrency’s even if it’s done illegally you cannot trust the Chinese communist party everything they do is basically evil
R SY
September 24, 2021 at 11:41 pm
Thank you ProfPrasd, this is the most informative interview about the latest regulation
Piichuシ
September 25, 2021 at 1:24 am
Yes, but does he really understand cryptos?
G O
September 25, 2021 at 4:43 am
hi host and guest. Ripple + XRP token = “move all of the Money”
Temime Graham
September 25, 2021 at 6:04 am
Crypto is a scam, please banned it.
Jamel White
September 25, 2021 at 10:35 am
Hmmm. So he’s basically saying the print & press machines printed out so much money that there’s really no accountability for manipulated funds that China doesn’t really want used in its region….. Ahhhhhh, now I get it,.,
I Blogger
September 25, 2021 at 6:59 pm
This is like the 10th time China banned Bitcoin. They ban it every year since like 2011. It’s just a market manipulation technic they use to buy low.
Kwame
September 25, 2021 at 8:37 pm
The lightning network enter the chat. 😬