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In China, even the beggars accept cards and cryptocurrency. In South-America, street vendors accept cards. FinTech revolution is happening in China, not so muc
by 0800 9y ago
In China, even the beggars accept cards and cryptocurrency. In South-America, street vendors accept cards.
FinTech revolution is happening in China, not so much the US/SV.
- Zarath 9y agoWeChat and Alipay yes, but cards and cryptocurrency?
- jxramos 9y agoI'd have to see this on YouTube by several independent sources. Sounds pretty wild, when living standards rise so high the definition of "poverty" becomes more and more absurd.
- qiqing 9y agoI haven't seen a beggar accept cryptocurrency (yet), but I've seen them accept mobile payments. Along with informal farm vendors (e.g., guy on the corner with a bag of oranges on his shoulder) accepting mobile payments.