Chinese Yuan (Patreon)

China is considering lowering the value of its currency, the yuan, compared to other currencies like the U.S. dollar. This process, called devaluation, involves China’s central bank, the People’s Bank of China (PBOC), setting a weaker exchange rate. For example, the PBOC recently set the yuan below the 7.20 level against the dollar, this is signaling a deliberate move to make Chinese exports cheaper and more competitive in global markets.

The goal of devaluation is to help Chinese exporters deal with challenges like U.S. trade tariffs and slowing global demand. However, this strategy carries risks. If people lose confidence in the yuan due to its lower value, they might move their money out of China—a phenomenon called capital flight. China has $60 trillion in bank deposits, and fears of losing value could lead individuals and businesses to invest in alternatives like BITCOIN.... imagine 1% of $60T = 600 Billion times my 21x 2021 Multiplier = BTC Price shoots above $900K

MAD MIND EXPERIMENT....

Again BTC is scarce