Ripple co-founder warns the US could lose a "tech cold war" with China

China’s dominance in blockchain and financial technology could oust the US-led global financial system, according to Larsen.
By Forkast.News Staff

In brief
Ripple founder Chris Larsen claims that China and the US are in a "technological cold war"
China has near-ubiquitous use of digital payments, and an upcoming digital yuan which could threaten the US-led financial system.
Larsen also argues that China's control of cryptocurrency hashing power could enable it to meddle with transactions.