Who Will Win The Race For Digital Currency Supremacy? | Kenyan YouTuber

This isn't the first time there has been a struggle for supremacy by world leaders. In the place of the armed race we are now witnessing the race for digital currency supremacy. Over the last decade, thousands of digital currencies have come into existence. At the moment the three biggest currencies in the world are racing to make their fiat digital. So far, China is winning and set to announce the PBOC blockchain and digital Yuan early next year.

Another player in the game is libra, a digital currency proposed by The Libra Association. So far, the association, which aims to create a global digital currency and offer financial services to billions who are unbanked, has encountered significant challenges. Several would-be members of The Libra Association cut ties with the project, and regulators have responded with significant skepticism. One thing is certain: digital currency is going mainstream. There is every likelihood that most Central Banks will launch digital currencies. However creating a credible and trusted digital currency will take time.

The timeline is as follows:
0:00 Prologue
0:56 Opening
1:02 The Soviets go to space
2:00 The US and the west alarmed
2:26 The US vs Russia
3:40 The US and the Information Age
4:30 China's Digital Yuan
5:06 Facebook and the Libra project
5:26 Corporations and Cryptocurrencies
5:41 China's leading role

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