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Virtual Currency may crash China's currency system

Started by doobie, June 19, 2008, 07:50 PM NHFT

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John Edward Mercier

No the yuan is pegged to the USD, but not directly traded.

Brandon

But when you think about it, isn't all fiat based currency "virtual".

John Edward Mercier

I was wondering if they meant by 'virtual' having no physical form?