- I'm afraid not.
link about El Salvador's recognition of Bitcoin:
as this article https://www.coindesk.com/president-of-el-salvador-says-hes-submitting-bill-to-make-bitcoin-legal-tender put it:
"the fiscally unstable and oppressively poor Central American nation, where 70% of residents lack a banking account. El Salvador’s gross domestic product was $24.6 billion in 2020, according to Statista."
Thus we can see the main reason behind El Salvador's policy:
1. it's poor, which indicates weak government and fiat
2. 70% of residents have no bank account
3. expensive and inconvenient cross-border payments
4. dislike for the exploitation imposed by USD on their fiat
It counts on the concrete national condition. some developing countries like China are rather different to El Salvador, so I don't think China will follow El Salvador, at least for a short term. and as far as I know, China has launched its own DCEP
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