Chinese banks ordered staffs to recruit 200-300 digital yuan users

[Sherman198]

I don't see how this new development in China can obstruct the growth of Bitcoin or cryptocurrency generally. I think Bitcoin has proven to us that it's bigger and rooted than one country and it's digital currency. I believe Bitcoin is aiming for the moon, and I don't see how China's new digital currency can impair this trend.

 

[Yugocean]

The decision will increase the number of people using the digital yuan in China, as the unemployed (especially those seeking bank jobs) will switch to the digital yuan. Only a few hundred will get the job, but this step will motivate the youth to use it for the future.
But this is for China only, nothing to challenge BTC.