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I just spoke to a very interesting lobbyist on the plane about how what’s really going on is there is a race between Facebook and China to own the global digita
by samstave 6y ago
I just spoke to a very interesting lobbyist on the plane about how what’s really going on is there is a race between Facebook and China to own the global digital currency market. And fb is trying to tie all their 3B users under a single payments.
- traceddd 6y agoIf this were true, why would China break up Jack Ma, weakening fintech presence for the immediate future?
- samstave 6y agoThey are building sub-empires within the CCP - not “breaking up” Ma... Imagine “breaking up” insta and FB and all their attention-channels where the USG can demand fealty % individually upon each depending on which prosper more whilst all built on the substrates of identity, relationships and payment behaviors.... ??? Please throw darts at that.
- schmorptron 6y agoThat's super interesting. Anywhere I can read more about this?