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The obvious reply here is that WePay/AliPay are also parasitic payment networks, whose parent companies are propped up by the CCP for gains of their own. I also

The obvious reply here is that WePay/AliPay are also parasitic payment networks, whose parent companies are propped up by the CCP for gains of their own. I also enjoy the spirit of this law, frankly, because China has a default-no attitude towards the outside world, so why the hell would we openly accept something like Digital Yuan? I see no reason why we should let China out of it’s corded-off world only when it finds it beneficial.

helen___keller 4y ago
> why the hell would we openly accept something like Digital Yuan? Define “accept”? If I, an American with an American phone, travel to China and can’t buy lunch because the American government mandated deplatforming of the payment app, that’s really annoying to me. I agree that nobody in the US should be using the e-CNY in place of the USD, but a more targeted law could accomplish this without trying to police the applications I can install on my iPhone I frankly doubt e-CNY even has a chance to take off here, in my local Chinatown everyone pays by credit card not by Alipay or Wepay.
- turndown 4y ago
  > an American with an American phone, travel to China and can’t buy lunch because the American government mandated deplatforming of the payment app, that’s really annoying to me Politicians only like hammers so all problems are nails, maybe you are right that the enforcement mechanism is overly broad but I also think the situation you paint is inaccurate/made to seem more difficult than it actually would be. My parents went to China and did fine paying for things 13 years before Digital Yuan was created, my (naive) assumption is that, like all places tourists are herded in any country, the place you go will accept both native currency and USD, watches, nice shoes, jewelry…
  - helen___keller 4y ago
    You would think but just in 2019 I’ve run into places where pay is by app only, restaurants where you order/pay by scanning QR code, etc. honestly my thought on the way home is that China is way ahead of us in terms of convenience technology on phones (for better or worse) With the pandemic US has caught up a lot though
- bassman9000 4y ago
  If you go to China, get a burner, or buy a Chinese cell phone, the same you're buying a plane ticket, or paying for a hotel. If it's for work, ask your company to pay for it.

helen___keller 4y ago

> why the hell would we openly accept something like Digital Yuan? Define “accept”? If I, an American with an American phone, travel to China and can’t buy lunch because the American government mandated deplatforming of the payment app, that’s really annoying to me. I agree that nobody in the US should be using the e-CNY in place of the USD, but a more targeted law could accomplish this without trying to police the applications I can install on my iPhone I frankly doubt e-CNY even has a chance to take off here, in my local Chinatown everyone pays by credit card not by Alipay or Wepay.

turndown 4y ago
> an American with an American phone, travel to China and can’t buy lunch because the American government mandated deplatforming of the payment app, that’s really annoying to me Politicians only like hammers so all problems are nails, maybe you are right that the enforcement mechanism is overly broad but I also think the situation you paint is inaccurate/made to seem more difficult than it actually would be. My parents went to China and did fine paying for things 13 years before Digital Yuan was created, my (naive) assumption is that, like all places tourists are herded in any country, the place you go will accept both native currency and USD, watches, nice shoes, jewelry…
- helen___keller 4y ago
  You would think but just in 2019 I’ve run into places where pay is by app only, restaurants where you order/pay by scanning QR code, etc. honestly my thought on the way home is that China is way ahead of us in terms of convenience technology on phones (for better or worse) With the pandemic US has caught up a lot though
bassman9000 4y ago
If you go to China, get a burner, or buy a Chinese cell phone, the same you're buying a plane ticket, or paying for a hotel. If it's for work, ask your company to pay for it.