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The Future of Cryptocurrency? China’s Entirely Digital Currency Explained (DCEP) – TLDR News

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Russia’s Oil Spill: https://youtu.be/fVeXn_xFxK8

Earlier this year China started a closed trial of their new entirely digital currency, Digital Currency/Electronic Payment (DCEP). Linked to the Yuan, the DCEP is China’s attempt to broaden it’s influence and limit the proliferation of cryptocurrencies. In this video, we explain the DCEP, the pros and cons and why China want to implement it so badly.

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1 – https://cointelegraph.com/news/the-digital-yuan-is-being-tested-for-a-workers-subsidies-scheme-in-suzhou
2 – https://www.scmp.com/economy/china-economy/article/3083952/what-chinas-cryptocurrency-sovereign-digital-currency-and-why#:~:text=The%20digital%20yuan%20is%20part,by%20the%20country’s%20central%20bank
3 – https://www.dailystar.co.uk/news/world-news/china-destroys-600-million-cash-21520944
4 – https://www.youtube.com/watch?v=XvJnTQjdC-E
5 – https://cointelegraph.com/news/former-bank-of-china-president-says-digital-yuan-can-replace-cash
6 – https://www.youtube.com/watch?v=XvJnTQjdC-E
7 – https://www.ft.com/content/bf2f588e-ef63-11e9-a55a-30afa498db1b
8 – https://www.imf.org/en/Publications/GFSR/Issues/2019/10/01/global-financial-stability-report-october-2019
9 – https://www.thebalance.com/world-currency-3305931
10 – https://www.marketwatch.com/story/feds-balance-sheet-tops-7-trillion-shows-increased-buying-of-corporate-bond-etfs-2020-05-21
11 – https://www.newstatesman.com/politics/uk/2020/04/lack-global-political-order-making-unprecedented-economic-shock-even-greater

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47 Comments

47 Comments

  1. @wangqi1387

    January 6, 2024 at 11:39 pm

    This is a national sovereign currency, based on national credit as the sole basis, just like paper currency, but in the form of digitization. Paper currency itself also has no value, but the state gives it as an equivalent, so currency can be made of paper, iron or copper, or digital. Your current wealth is just the numbers in your bank account. Therefore, cryptocurrency, a digital sovereign currency, does not have any legal flaws.

    The advantage of digital currency is that it can provide convenience for transactions, and at the same time, it can put aside the transaction costs anchored by the US dollar. The issuance of the U.S. dollar is controlled only by the United States, which can print currency at will, and transfer inflation to everyone in the world. The current trend is to de-dollarize and resist the US hegemonic rule of exploiting all countries.

    Digital currency can be directly carried out by both parties to the transaction. When digital currency becomes the main trend, rules will inevitably be formulated under the multilateral framework of all members under the framework of the United Nations. This will be a relatively fair rule.

    And digital currency is a good tool for the domestic economy and politics of any country. It can effectively supervise economic crimes such as money laundering, corruption, and tax evasion, and has good economic leverage and distribution adjustment functions.

  2. @johnkoffi9335

    January 6, 2024 at 11:39 pm

    Where can I get e yuan?👍🏻

  3. @mackysplace

    January 6, 2024 at 11:39 pm

    Wait…why do countries operate though middlemen such as Visa and Mastercard anyway?

  4. @hamzahamed4334

    January 6, 2024 at 11:39 pm

    Which money would you rather have as a reserve currency the money of the worlds factory(China) which you could import any thing with at a decent price or the opposite (US)

  5. @eeoson8677

    January 6, 2024 at 11:39 pm

    I HAVE BEEN MAKING LOSSES TRADING MYSELF…I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET… CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

  6. @Falafelkid

    January 6, 2024 at 11:39 pm

    At 4´30 and various other instances you misspell hygiene. Another spelling blooper at 5´47: The correct spelling is sovereignty. Please spell-check more thoroughly in future.

  7. @dimitrileite5145

    January 6, 2024 at 11:39 pm

    Brazil is also launching its digital currency: Real Digital

  8. @davechappelle7480

    January 6, 2024 at 11:39 pm

    i got paid just now bithacoin is really helpful and offers great services they are the best

  9. @jacksonsimon9009

    January 6, 2024 at 11:39 pm

    .*I PRAY THAT ANYONE WHO READS THIS WILL BE SUCCESSFUL IN LIFE.. SUCCESSFUL PEOPLE DON'T BECOME THAT WAY OVERNIGHT. WHAT MOST PEOPLE SEE AT A GLANCE-WEALTH, A GREAT CAREER, PURPOSE IS THE RESULT OF HARD WORK AND HUSTLE OVERTIME.*🙏🏼

  10. @hellenjairus9519

    January 6, 2024 at 11:39 pm

    THE RICH STAY RICH BY SPENDING LIKE THE POOR AND INVESTING WITHOUT STOPPING THEN THE POOR STAY POOR BY SPENDING LIKE THE RICH YET NOT INVESTING LIKE THE RICH.

  11. @mcdsye7610

    January 6, 2024 at 11:39 pm

    How does this trading stuff work? am really interested but I just don't know how to go about it. I heard people really make it huge trading

  12. @GH-pz7ei

    January 6, 2024 at 11:39 pm

    Invest in the Shiba Inu coin

  13. @kurtdunn319

    January 6, 2024 at 11:39 pm

    Excellent video. But you see trading cryptocurrency requires more than just a primary knowledge of crypto. It is advisable to trade with an expert to avoid unnecessary losses. Trading with Mrs Josephine has been really productive. In fact i would say she is the best broker.

  14. @hydrohasspoken6227

    January 6, 2024 at 11:39 pm

    So, according to you, those advantages digital currency brings to the State implementing them benefits solely the State and not the individuals living in that State. Flawed logic

  15. @hydrohasspoken6227

    January 6, 2024 at 11:39 pm

    I buy a pizza. The pizzeria knows i bought a pizza. No problem.
    I buy a pizza. The Government knows i bought a pizza. Privacy concerns.

  16. @bekindbethoughtful4640

    January 6, 2024 at 11:39 pm

    Why the political slant here? How is better prevention of economic crisis a benefit just for the state? Doesn't that benefit everyone? What you describe as control and intrusion surely are equally validly described as better information and transparency? Like it or not, as long as u want to be part of a modern economy, u cannot avoid being part of a social structure and losing part of your privacy. Your privacy to another is secret and non-transparency. If u don't want to deal, fine but if u do, then u can't have your cake and eat it too. That a lot of people think they can on this issue merely demonstrates how effective brain washing and propaganda works!

  17. @iamjustaguy9777

    January 6, 2024 at 11:39 pm

    Cash will always be king!

  18. @celinebianca2633

    January 6, 2024 at 11:39 pm

    Inflation adjusted oz price of gold from the
    year 2000 is like $429/oz. So historically
    you're wrong. Gold and silver have flown
    many times beyond inflation in the past 20
    years.

  19. @dcep5783

    January 6, 2024 at 11:39 pm

    DCEP China's central bank digital renminbi, international wallet registration opening promotion bonus 3% foreign users, specific consultation WeChat: 15718485885

  20. @wickedleeloopy2115

    January 6, 2024 at 11:39 pm

    The only country who has money sovereignty is AMERICA as all international trade is done with USD. China doesn't like that. They want the pertodollar to be the petroyuan .. this idea is not going to work…what's next bata trade cars for points or credits 🤔

  21. @lasvegasraider244

    January 6, 2024 at 11:39 pm

    70% of bitcoin are owned by Chinese ppl. It's a money trap for them

  22. @HLC64

    January 6, 2024 at 11:39 pm

    Explains how digital currency may effect exchange rate !!

  23. @HLC64

    January 6, 2024 at 11:39 pm

    How does it effect printing of currency?

  24. @rembeadgc

    January 6, 2024 at 11:39 pm

    For a country administrated through control, like China, it is, like you said, inevitable. It's difficult, however, to imagine anything like a worldwide, government backed, digital currency because each country's interests are so convoluted and who in that country is going to trust someone from outside that country to understand and protect it's interests. These things are not just monetary or material. They are also social, cultural and spiritual. For something like that to happen I think the world would have to undergo some huge crisis (or the perception of such) that demanded that level of global economic cooperation or control. Bitcoin and the like are more or less rogue endeavors without governmental administration and control.

  25. @scotttaylor7845

    January 6, 2024 at 11:39 pm

    Check (Powping! .com) BSV ready

  26. @xiaoyalin5655

    January 6, 2024 at 11:39 pm

    Very professional video

  27. @RobertHDave-bg6qq

    January 6, 2024 at 11:39 pm

    From the look of things and according to experts in the crypto space. This period the perfect time to buy the dip and accumulate irrespective of the bulls being under
    pressure. Bitcoin moving up is inevitable and would see the price of bitcoin surpass it's all-time highs. The reversal was imminent because obviously, the bitcoin market needed a correction to gather the right momentum to give the bulls more steam and this just makes it the perfect time to invest and accumulate as much as possible. However i see every market as an advantage to make more profits as this is a very good buy zone and also to trade with a working strategy/daily signals, this i have been doing with Mrs Maria Perez daily signals which has been so accurate and well profitable, Last month i was able to grow and accumulate a total of 6.8btc with my initial 1.2btc which you would agree is a very good profits. I see no reason to panic when you can build your portfolio with Maria daily signals and guides, Maria perez can be reached on Whatspp: +17739433486

  28. @rampage963

    January 6, 2024 at 11:39 pm

    Risk management is a vital element of success for any tradr in any mar:ket. No matter the size of the cap!tal you’re trad!ng with or investing in, losses are going to be inevitable, particularly in highly volatile mar:kets like crypt0currency. Learning how to manage risk to minimize losses is vital. Yet, it’s also necessary to master risk management in order to ensure maximum gains. After all, the more you’re willing to risk, the greater the potential reward. I’m not a pro tradr but I was lucky enough to make 25’B’T’C since late last year following the instriuctions and s!gnals from Jason McCallister of Crypt0TribesMen. He runs program for investors//newbies who lack understanding on how trad!ng Bitcoin works, to help them utilise the volatility of the crypto mar:ket and also stack up more bitcoin. You can easily get to Jason on ͲҽӀҽցɾąʍ {jasonsignals01} ω𝐇𝓐𝓽ѕ𝓐ρ𝐩 + l 2 0 1 3 7 4 3 8 1 6 for Crypto related issues.

  29. @aarondaniel8085

    January 6, 2024 at 11:39 pm

    No one does it better than Availablespypro on IG he is absolutely the best of this kind

  30. @aarondegruy9220

    January 6, 2024 at 11:39 pm

    How do you start inviting where’s the link

  31. @matthewjackson9615

    January 6, 2024 at 11:39 pm

    Perhaps I see something more scheming about DCEP. The Chinese govt can monitor all transactions which is fine because it is an authoritarian state.

    However , the United States will have to follow suit with a similar setup, unfortunately this undermines the liberal democratic principals of privacy and freedom. Thus the US govt. gradually becomes more authoritarian in character.

    "The great strength of the totalitarian state is that it forces those who fear it to imitate it."

    Adolf Hitler

  32. @emmaroy7042

    January 6, 2024 at 11:39 pm

    From watching investment videos as a newbie,

    I was able to build a big income stream during this pandemic investing with a professional broker,Mrs Sophie.

  33. @joshduhamel9174

    January 6, 2024 at 11:39 pm

    The trading system is a set of certain algorithms trading, instructions and action of the traders on the basis of the technical analysis. In each trading system, the conditions for entry/exit time intervals, money management and risk management are clearly defined. Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character. I have been trading bitcoin for 2 years now and have never regretted going into it, my only regret was when i wasn’t going through the right way as i lost a lot before i was directed to the best trading agent in the market system Mr Patrick Webber, he grew my account drastically with my initial investment of $4500 to $32000 in a week. Reach him on WhatsApp via +14092422496 or join our telegram channel @cryptoValkoun and make each day count.

  34. @macaulaykendra9469

    January 6, 2024 at 11:39 pm

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    On telegram much love I have for you 💯✅

  35. @brainwashington1332

    January 6, 2024 at 11:39 pm

    China is so bad at creating acronyms. China Central Television – CCTV, watching everyone all the time everywhere, as in cctv cameras. Now DCEP as in D-ception? like c'mon now China…

  36. @joshziggler4019

    January 6, 2024 at 11:39 pm

    The trading system is a set of certain algorithms trading, instructions and action of the traders on the basis of the technical analysis. In each trading system, the conditions for entry/exit time intervals, money management and risk management are clearly defined. Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character. I have been trading bitcoin for 2 years now and have never regretted going into it, my only regret was when i wasn’t going through the right way as i lost a lot before i was directed to the best trading agent in the market system Mr Patrick Webber, he grew my account drastically with my initial investment of $4500 to $32000 in a week. Reach him on WhatsApp via +14092422496 or join our telegram channel @cryptoValkoun and make each day count.

  37. @buttert5091

    January 6, 2024 at 11:39 pm

    Forgot to mention in my opinion the greatest reason for the DCEP, the US weaponizing the dollar against adversaries. The Digital Yuan may gain traction in Africa, Latin America, and SE Asia as BRI projects mature generating demand for the DCEP as well as circulation. Long term its an intelligent strategy, other countries will follow as the first usually sets the rules

  38. @zoehollie402

    January 6, 2024 at 11:39 pm

    Crypto currency investment is here to stay if you can't see that at this point its time you leant more about it

  39. @itzayanaantonella

    January 6, 2024 at 11:39 pm

    Bitcoin price action after the election season has been Incredibly positive , with bulls taking full control of it’s trend as they attempt to push it above its 2019 highs. Heading into the presidential election significant turbulence within stock market should cause some weakness.getting data like this early is the reason I trade with Mrs Feng Mian .A portfolio management company that has helped me sharply extend my wallet from 4btc to 13btc in 2weeks.why stress over the changing cost of crypto currency, when you can get trad signals from a reliable company like Mrs Feng Mian, you can reach her on WhatsApp..+86 (1766 762 1126

  40. @ouranosTheos

    January 6, 2024 at 11:39 pm

    DCEP is still a Fiat trash.

  41. @miamonika2599

    January 6, 2024 at 11:39 pm

    Amazing video! It just takes patience and perseverance to value the true nature of BITCOIN. Prices rocket up inconceivably bitcoin on its way to $15,000.if said things is to happen, it will be very unwise for you not to know how to increase your BTC instead of just holding it. I got this tips from Mrs Linda. She is always one step ahead of other traders and crypto YouTubers, She monitored all my trades to avoid me making mistakes and losing my money. My earnings has increased drastically from $5000 to $50,000 in just 2 weeks… I have full confidence in her trading abilities. You all can reach out to her on WhatsApp:+1 2 0 9 5 1 0 5 7 5 1

  42. @beingspirit8016

    January 6, 2024 at 11:39 pm

    Complete the following survey to earn 5 yuan!
    Q: who's the flawless person in the human history? a) Xi Jin Ping. b) Xi Jin Ping

    Skip survey

    "Congratulations, your balance is now zero due to violation of law."

  43. @sarahvalley9459

    January 6, 2024 at 11:39 pm

    5:34 said it all saviorcashaddertools on google search

  44. @user-ed5xv3ze5r

    January 6, 2024 at 11:39 pm

    Investing in bitcoin is the best investment anyone can do this year 2020
    Because bitcoin investment has made a lot of people millionaires

  45. @rebeccaeng865

    January 6, 2024 at 11:39 pm

    Seeing that bitcoin has been fluctuating lately , its a minus for all its hodlers across the world. Because the price at which bitcoin is selling currently is around $9000-$9400 which is actually a low price. because As of 2019 btc experienced a huge rise in it's price, and As of January 2020 bitcoin price dropped again which is a huge setback for its hodlers. the price has been predicted by different crypt0 gurus to skyrocket by the end of the year and no one would love to make loses at that time. I have been getting good tutoring from SVAIORCASHADDERTOOLS ON GOOGLE SEARCH for the past three weeks and i have been able to increase my portfolio by 20% so far which is good game compared to when i was doing it wrongly and making many mistakes. He treats beginners with ease so they will get it right. here is his W t s A p p @+1 602 581-8150 or t l e g r a m @SaviorAnthonyfundingchatlink

  46. @chrisanston9175

    January 6, 2024 at 11:39 pm

    Bitcoin ended November on a negative note. A monthly close below $8,300 could yield a deeper drop in December, according to a move higher to $7,800-$8,200 then a bull reversal would be confirmed on the three days chart. Acceptance below $6,515 would invalidate the bullish hammer candle seen on the three days chart and invite stronger selling pressure nothing is guaranteed in the crypto space mainly due to the highly volatile and unpredictable nature of bitcoin. As an investor accumulating and increasing our position should be the trend. I am increasing my portfolio daily through trading though am not a smart trader I trade with signals provided by Mrs Linda. His signals are precise, accurate,easy to understand and implement in your trades and I have grown my portfolio from 2BTC to 6BTC in just two weeks of applying them.Mrs Linda can be contacted on whatsapp +1 (602) 661-3144 and thank me later💯

  47. @vanidadangfranceandhongkon7919

    January 6, 2024 at 11:39 pm

    very very clear video thks !

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How the Falklands are Becoming a Petrostate

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Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to https://ground.news/tldr

Order a copy of our magazine Too Long: https://toolong.news/TL008

As oil drilling moves closer to reality, we explore how it could transform the Falkland Islands’ economy, politics, and long-running sovereignty dispute with Argentina.

📰 Too Long: https://toolong.news/
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TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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SOURCES

FT Argentina Angered By Prospect of Oil Boom in Falklands
https://www.ft.com/content/ce25f41d-49e2-42e3-956e-dab0de9301e4?syn-25a6b1a6=1

The Times Drilling to go Ahead at Sea Lion Oilfield
https://www.thetimes.com/business/companies-markets/article/drilling-confirmed-sea-lion-oil-field-rockhopper-falklands-5nz8npwpw

The Times Falkland Islands $4bn Oil Bonanza
https://www.thetimes.com/business/economics/article/falkland-islands-4bn-boost-oilfield-go-ahead-6crtkvqzk

Yahoo Finance The Falklands are Turning into a Mini Dubai
https://finance.yahoo.com/economy/articles/falklands-quietly-turning-next-dubai-180437990.html

BBC News Quick Guide: The Falklands Economy
http://news.bbc.co.uk/nol/shared/spl/hi/picture_gallery/07/in_pictures_the_falklands_economy/print.stm

0:00 How the Falklands are Becoming a Petrostate
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Britain’s New Plan that Could Kill YouTube

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📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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In this video, we’re going to have a look into the Clacton by-election, why the other parties have stood down, what Farage’s plan is, and why it seems like it may have already backfired.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

SOURCES

Telegraph Farage By-Election Gamble Turns to Farce
https://www.telegraph.co.uk/politics/2026/07/07/farage-resigns-but-by-election-gamble-turns-to-farce/

BBC News Farage’s Political Rivals Rule Out Standing in Clacton
https://www.bbc.co.uk/news/articles/cjdg4y3g0z7o

The Guardian Political Rivals Vow to Boycott By-Election
https://www.theguardian.com/politics/2026/jul/07/nigel-farage-quits-as-mp-amid-scrunity-over-finances-clacton-reform

Politics Home Labour and Tories Refuse to Field Candidates
​​https://www.politicshome.com/news/article/labour-tories-refuse-stand-candidates-clacton-byelection

Politico Badenoch Says Farage Cracking Under the Pressure
https://www.politico.eu/article/kemi-badenoch-nigel-farage-pressure-by-election/

0:00 Nigel Farage vs Count Binface: The Clacton By-Election Explained
6:47 Sponsor

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Farage Resigns (But Not Really)

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Want to restore the planet’s ecosystems and see your impact in monthly videos? The first 100 people to join Planet Wild with my code NEWS6 will get the first month free on me: https://planetwild.com/r/tldrnews/join/6
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📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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