Is China ahead of US now in terms of digital adaptation?

[LbtalkL]

Update:

It would appear that China is doing it with its present progress they are claiming to have 220,000 (TPS) transaction-per-second. The fastest until this point on the off chance that it is truly valid and they are intending to Onboard Two Billion People Reducing Gaps Between the Dollar and the Yuan.

Sources:

https://beincrypto.com/chinas-digital-currency-claims-to-have-220000-transactions-per-second/
http://www.globaltimes.cn/content/1172326.shtml

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[alyssa85]

It seems to me that China is a synonym for everything innovative and experimental.  And i don't doubt they'll be the first to adopt crypto fully

They won't adopt cryptocurrency that is decentralised. China's big weakness is that it still has capital controls. And it has capital controls because chinese people don't trust their own government and try to move money out the first chance they get.

Unless they lift capital controls, they won't adopt cryptocurrency, and the yuan won't become a global currency either.

[lolgato1]

The current politic situation will not allow any decentralized and free form of money. That´s why they are creating their own, "better" cryptocurrencies to "protect" their citizens. 

[cryp24x]

China will do everything to be ahead of US in all ways possible and I think they have decided to use their money to invest in Digital Adaptation. And it is obvious now especially when they have invested in Cryptocurrency more than US. We'll, if China is right about Crypto and their invested coins then it is a good decision and an advantage for them.