SUBSCRIBE0:00– Video Introduction1:21 – 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 USD19:23 – Isn’t the Digital RMB just another currency? NO! Here is Why23:07 – What is the future of SWIFT and our banking system?26:49 – America’s Digital Currency Future29:09 – How Digital Currency Can Help America’s Low Income Families31:27 – How China built their Digital Currency31:56 – What the Federal Reserve Needs to Do33:24 – 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 📖 Purchase Richard’s Book“Cashless” Here: https://amzn.to/2RS0jl4 Want a simplified version of this video? Watch China Digital Currency Explained in 10 Minutes https://youtu.be/spNUIfRVtrE