2 ms·
What are the odds of China doing something nice like this with their digital yuan?
by axus 5y ago
What are the odds of China doing something nice like this with their digital yuan?
- woodruffw 5y agoI'd be very interested to hear from people in mainland China about this: my understanding is that digital payments are almost ubiquitous at this point, and have completely displaced cash for almost all small/petty transactions. Assuming that the transaction fees are low/nonexistent (which they might be, if it's all settled via whatever China uses instead of ACH), they might already have something like this.