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DCEP Showcase & Discussion

Located in Niche Domain Discussion, started by Internet.Domains, Oct 28, 2019

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  1. Internet.Domains

    Internet.Domains Top Contributor VIP

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Vimal Kumar

    Vimal Kumar PotentNames.com

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    Last edited: Oct 28, 2019
  3. Internet.Domains

    Internet.Domains Top Contributor VIP

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    It was never officially announced, it was just rumors.

    What's the difference between DCEP and Digital Yuan?
     
  4. Vimal Kumar

    Vimal Kumar PotentNames.com

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    I dunno the difference. All I am saying is that DCEP is old news. It could be a rumor or an working title.
     
  5. Internet.Domains

    Internet.Domains Top Contributor VIP

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    DCEP was rumored to be a working title. Today it was officially announced. Click on the Twitter link I provided for a video straight from a Chinese government official.
     
  6. Levi_charlz

    Levi_charlz Account Closed (Disallowed)

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    Thanks, that’s massive news.

    It looks like the Chinese government is going full-throttle on its roadmap to roll out a Global Stablecoin. There’s no official word on a launch date as of yet, but judging by the recent chain of events, it is highly likely that the Chinese Digital Currency or Electronic Payments system (DCEP), will be rolled out sooner than later.
     
    Last edited: Oct 28, 2019
  7. Levi_charlz

    Levi_charlz Account Closed (Disallowed)

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    Pretty sure I’ve got this niche nailed down.

    The U.K. regulatory guidelines has classified such Cryptoassets as ‘eMoney Tokens’

    The G7 and G20 have coined the term ‘Global Stablecoins’

    I bagged both in .com

    eMoneyTokens
    GlobalStablecoins
     
  8. Blitzpotz

    Blitzpotz Account Closed (Requested) VIP ★★★★★★★★★★

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    Congrats and good luck. Will we ever see any names being bought by the Chinese and if yes, which ones?

    BTW, I own the following matching domains:
    dcep .cash
    dcep .money
    dcep .it
    dcep .si (ccTLD Slovenia but think Sina = China)

    Who are the lucky persons owning dcep.com, .com.cn or .cn?
     
  9. Levi_charlz

    Levi_charlz Account Closed (Disallowed)

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    Do they even need or want English Domains anymore?

    I’m not sure if the Chinese will ever dance to anyone else’s tune ever again.

    That is unless the U.S pull a Rabbit out of a hat and give them some competition. Which after the embarrassment the US Congress made of themselves as they cross examined Zuckerberg last week is looking increasingly unlikely.

    However, there is hope. Mark Carney, the Bank of England governor, has said that the world’s reliance on the US dollar “won’t hold” and needs to be replaced by a new international monetary and financial system based on many more global currencies.

    There’s something going on for sure as US regulators (CFTC, FDIC, and the SEC) have just team up with The U.K’s top watchdog’s global financial technology sandbox. In a joint release, the regulators announced that they had joined the Global Financial Innovation Network (GFIN) seeking to identify the opportunities, challenges and risks facing the fintech industry.

    They had just better get their skates on.



     
    Last edited: Oct 29, 2019
  10. Blitzpotz

    Blitzpotz Account Closed (Requested) VIP ★★★★★★★★★★

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    This is an interesting showdown between Federal watchdogs vs. BigTech/Facebook. I believe there will be a compromise.
    Regulators have watched Bitcoin and hundreds of other cryptocurrencies growing for the last ten years. Citizens and markets won´t understand that now Libra is the only demon out there. Zuckerberg cannot completely withdraw Libra, think of the stock market reaction and their Billions of Facebook, Instagram and Whatsapp members.
     
  11. Domainsyrup

    Domainsyrup Top Contributor VIP

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    reg'd few
    DCEPservices
    DCEPsolutions
    .com
     
  12. ramkumaritrvs

    ramkumaritrvs Happiest man in the world PRO VIP

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  13. Vimal Kumar

    Vimal Kumar PotentNames.com

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    To join the party, I picked cryptodcep.cn and dcepayments.com
     
  14. zibero

    zibero Established Member

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    Dcep Loan.com
    Dcep Loans.com
    Dcep Payment.com
    Dcep Payments.com
     
  15. kylian

    kylian Established Member

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  16. Internet.Domains

    Internet.Domains Top Contributor VIP

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    DCEP Tokens.com

    Reg'd in the rumor stage.
     
  17. Blitzpotz

    Blitzpotz Account Closed (Requested) VIP ★★★★★★★★★★

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  18. Jimmysun

    Jimmysun Established Member

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    Yesterday I was considering to have decp.global or .house or .company then it's all gone today.
     
  19. Internet.Domains

    Internet.Domains Top Contributor VIP

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  20. Jimmysun

    Jimmysun Established Member

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    Yesterday I saw the dcep.global was the standard price on Godaddy then see what happen today, $2500 now!
     
  21. Jimmysun

    Jimmysun Established Member

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    If China successfully spread out the DCEP for those countries that need "made in China" import and export using it then it's the global things, not just for Chinese end-users, to get over the USD is China's main priority.
     
  22. Furquah

    Furquah Brand Ambassador INDIA Epik.com Staff VIP

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    It was in my cart right after Cz_Binance shared it. But then I passed.

    Good luck anyway.
     
  23. Jimmysun

    Jimmysun Established Member

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    The Chinese biggest search engine the "Baidu wiki" you can see they've already definate the meaning of DCEP on Oct 28th, in official news they call it "world currency".:bookworm:
    upload_2019-10-30_0-44-44.png
    upload_2019-10-30_0-49-34.png
     
  24. Blitzpotz

    Blitzpotz Account Closed (Requested) VIP ★★★★★★★★★★

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    Interesting! I should start to learn Chinese. Before I do that :bookworm:, can you translate what your screenshot says to Libra, please?
     
    Last edited: Oct 29, 2019
  25. Jimmysun

    Jimmysun Established Member

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    DCEP has everything you need to be a world currency. The difference is that DCEP, while retaining the advantages of Libra, offers a nearly perfect answer to the Libra's design flaw:
    (1) DCEP and RMB are 1:1 convertible, supporting connection with the central bank; (2) DCEP adopts the two-tier system of commercial bank and central bank to adapt to the existing monetary system of sovereign countries in the world, the first layer is people bank to commercial bank, the second layer is commercial bank or commercial organization to public. (3) DCEP is a sovereign currency and an alternative to RMB, which can ensure that the existing monetary system still plays its role. The central bank's digital currency held by the public is still the central bank's liability, guaranteed by the central bank's credit, with unlimited legal compensation.

    More info:
    What are the features of DCEP?
    1. The value of DCEP is only linked to RMB. Unlike Libra's currency owned by facebook, DCEP is directly linked to the RMB.
    2. DCEP has unlimited compensation. This means no matter how large the amount of payment, the other side can not refuse to accept.
    3. DCEP can transfer without an account. DCEP does not need to be connected to the Internet. It can complete the transfer by installing DCEP digital wallet and touching each other's phones.
    4. High security of assets. DCEP is issued directly by the central bank, and there is no problem of commercial Banks and enterprises failing.
     

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