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"Let them march all they want, as long as they pay their taxes."  --Alexander Haig

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Author Topic: Virtual Currency may crash China's currency system  (Read 568 times)

doobie

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John Edward Mercier

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Re: Virtual Currency may crash China's currency system
« Reply #1 on: June 22, 2008, 07:47 AM NHFT »

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

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Re: Virtual Currency may crash China's currency system
« Reply #2 on: June 24, 2008, 11:10 PM NHFT »

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

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Re: Virtual Currency may crash China's currency system
« Reply #3 on: June 25, 2008, 06:41 AM NHFT »

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