I think with these they can easily track and observe the people cash flow, spending habits, and determine how much money they have. I wouldnt trust it since its centralized and now they can take people money away just by click of a button.
yes you're right this only makes the government more powerful over the assets of its people. they use cryptocurrency only to make everyone interested, and forget the original purpose of creating this coin. China-made coins will be worse than Libra, I'm sure of that. see you later, when this coin was launched.oh shit China will become increasingly bound by regulations in the future.
