Imagine money as a video game, but instead of points, it's real money! Countries are creating digital versions of their cash, like a digital dollar or euro. China is already ahead with its digital yuan. A new book warns that if the US and other countries don't catch up, China could become the most powerful economy in the world!
- Many countries are making their own digital money.
- China's digital yuan is already being used.
- The US is having trouble creating a digital dollar.
- This is a big deal for global trade and power.
Fact | Detail |
---|---|
Countries using digital money | Over 98% of the global economy is exploring it. |
China's Goal | Reduce reliance on the US dollar. |
US Action | Trump banned a US digital dollar. |