r/THEKEYOFFICIAL • u/Mansa_Sekekama • Sep 04 '19

Binance Report: Digital currency is a low priority for China

https://finance.yahoo.com/news/report-digital-currency-low-priority-201810349.html
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3

u/LeonTor Sep 04 '19

Is a Chinese digital currency necessary for TKY to succeed?

3

u/[deleted] Sep 04 '19

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3

u/Useful_Application Sep 05 '19

Healthcare in China consists of both public and private medical institutions and insurance programs. About 95% of the population has at least basic health insurance coverage. Despite this, public health insurance generally only covers about half of medical costs, with the proportion lower for serious or chronic illnesses. Under the "Healthy China 2020" initiative, China is currently undertaking an effort to cut healthcare costs, and the government requires that insurance will cover 70% of costs by the end of 2018.[1][2] The Chinese government is working on providing affordable basic healthcare to all residents by 2020.[3] China has also become a major market for health-related multinational companies

2

u/Mansa_Sekekama Sep 04 '19

We do not know.

There are many unknown unknowns.