The US is desperate in need of money, they can randomly confiscated money from China or other countries pretending it is national security without any proof with the SWIFT system.
RTGS Global means a national security thread for China, Russia, Iran, Venezuela, Turkey, North Korea and a lot of countries the same as with the SWIFT system, probably even more with Microsoft as an US company for the server infra structure.
If Chris Larson is smart, he will send that lying Bearable Guy to convince the Chinese banks to use Ripplenet.
But Chris Larson is a dumb ass that is shouting year after year that Chinese miners control more than 66% of all Bitcoin miners, the truth is that a lot of medium size mining farms in China are run by foreigners avoiding import tax and lure by the cheap electricity price in China and setup a mining farm in China.
Mining pools in China control more than 66% is something total different than Chinese miners control more than 66% of the hashrate.
Any miner in China are free to point their hashrate to other foreign pools if the payout is better.
Draft dodger Larson I hope you read this, so you will educate yourself next time you bash China again for controlling most of the hash rate.
RTGS Global is DEAD ON ARRIVAL, and 43.300 banks is the theoretical maximum banks that will use it, which will never be the case
Before you guys guys/girls wants to bash China, think again, China is the only country that can help all the bag holders be profitable again, inclusive myself.
China, with a currency constantly growing on market relevance, attempted to create a dollar alternative. On June 2017, the People's Bank of China and the Central Bank of Russia signed a memorandum to facilitate the exchange of crude oil using Yuans. Months later, in September 2017, China made official the existence of the Petroyuan.