May 22, 2021
0:00– Video Introduction
1:21 – Richard’s Book “Cashless”
3:52 – Why is Digital Currency Important for Us?
4:55 – What is Digital Currency?
6:08 – How is WeChat and Alipay Different?
7:24 – Is Digital Currency a Cryptocurrency?
8:37 – How will Digital Currency Affect WeChat/Alipay?
12:33 – Can China’s new digital RMB replace the USD as the reserve currency?
16:50 – How the Digital RMB will help China become less dependent on USD
19:23 – Isn’t the Digital RMB just another currency? NO! Here is Why
23:07 – What is the future of SWIFT and our banking system?
26:49 – America’s Digital Currency Future
29:09 – How Digital Currency Can Help America’s Low Income Families
31:27 – How China built their Digital Currency
31:56 – What the Federal Reserve Needs to Do
33:24 – Do you need internet access to use China’s digital currency?
34:15 – How will the digital RMB impact China’s elderly population?
35:25 – What is the difference between CBDC and Crypto Currency?
36:17 – Will Foreigners and tourists be able to use China’s Digital Currency?
36:56 – What other countries are developing a digital currency?
39:05 – Is there an international standard for digital currencies?
40:00 – How can China gain the trust of the world to use it’s Digital Currency?
42:53 – Why the world owes a debt of gratitude to China
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