But just imagine a government that if you step out of line they can now turn off all your money and do it instantly so you cannot buy or sell, you don't have the right in the marketplace to participate anymore.
That's what digital currency allows a government to do. And if you think it's just going to happen in China think again. The Federal Reserve already has a study group looking at a digital currency for the United States. Why are they doing that? Because they're afraid China will usurp the U.S. and become the world currency, that digital currency is taking over.