On the occasion that took place in 2019 in Hong Kong where it's inhabitants took to the streets to speak against the aggressive and excessive control exercised over them by China, citizens feel they are being robbed of their rights on being a sovereign nation and this action has been exacerbated by the COVID-19 pandemic and it's resultant attempts to curb it's spread by the Chinese government who imposes stringent measures as support from the West were not forthcoming..
As a result of these actions by China, Hong Kong seem to struggle with their economy and this matter is made worse as their currency looks to be tied to that of the dollar.
The Hong Kong Monetary Authority are striving to keep their currency to trade at HK 7.75 or at most HK 7.85 to the dollar. But at the rate the dollar interest rate is increasing, it's hard for the Hong Kong currency to keep up.
Will there be a possibility of Hong Kong seeking to adopt Bitcoin as a legal tender since they seem to be a Bitcoin friendly state and it's acceptance can help reduce the Chinese government's dominance on them. What's your take on this? https://bitcoinmagazine.com/culture/bitcoin-can-free-hong-kong-from-china
