Meng Xiaofeng, Founder of Yuanbang Community: What is the dispute between China and the United States in blockchain? Fight for the pricing power of digital assets! In the traditional financial system, the pricing power of 70% of the world's trade is determined by the US dollar!
If all assets are on the chain, then the world trade pricing power will have the opportunity to reshuffle the cards, that is, which country is the first to develop a blockchain system that can carry all things, and whoever will have the world trade digital commodity pricing power.
In traditional finance, many countries use U.S. dollar foreign exchange reserves as the anchor for currency issuance, such as RMB and Hong Kong dollars.
Changes in the pricing power of digital assets will also bring about changes in the issuance anchors of digital renminbi and digital Hong Kong dollars.