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> Global Times and Sina have both claimed that the TEB is a fraudulent peer to peer (P2P) investment project aimed at scamming investors
by snaky 10y ago
> Global Times and Sina have both claimed that the TEB is a fraudulent peer to peer (P2P) investment project aimed at scamming investors
- justinhj 10y agoThe government is cracking down on p2p investment because let's face it, that kind of model would have tremendous power in China with such a huge population that is also already comfortable spending money on their phones. The fact that they have a working prototype makes it clearly more than a scam unless it's an extremely elaborate one.
- snaky 10y agoIt's not a working prototype. > the test run just 300 meters long and completely failed to mimic real-life traffic conditions It looks like https://en.wikipedia.org/wiki/Potemkin_village https://en.wikipedia.org/wiki/Potemkin_village