In fact, China deputy minister of finance, Liu Kun, informed that their new official coin stating price is just 0.07$ AUD!
That’s right, the coin is incredibly inexpensive in comparison to most other coins out there. Bitcoin, for example, trades at $81642.40 AUD at the time of this writing and Ethereum trades at around $4406.97 AUD.
We were able to talk with Australian economist, businessman and multi-millionaire Tom Harper to ask for his thoughts on China’s new coin and this is what he had to say:
Tom Harper stated: "Everytime a major corporation announces even a small partnership with an individual cryptocurrency, that coin’s value skyrockets. I can't wait to see what is going to happen when a government officially adopts a crypto. When the name of China’s coin is released, many people will become millionaires practically overnight."
A few of us at Sydney morning herald were curious enough to buy a couple coins just to see how everything looks and what the reading fees are like.
It was fairly easy to get the coins, but i will show you the whole process below for those that are interested.


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