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A comment on China says rejecting physical cash is illegal amid e-payments popularity.

Re:China says rejecting physical cash is illegal amid e-paym... by anongraddebt on Monday December 10, 2018 @01:40AM (#18645732)
This is one of those signals - among others - that China is farther along the next technology curve (whatever it will be) then the U.S. They basically skipped plastic and went straight to digital/mobile. If the next wave of startups coming out of China can crack international markets, like U.S. based startups have always done, then... look out.
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Re:China says rejecting physical cash is illegal amid e-paym... by NTDF9 on Monday December 10, 2018 @01:49AM (#18645768)
Same in India. There are more digital wallets than plastic. Even villagers in remote districts understand a digital wallet.
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Re:China says rejecting physical cash is illegal amid e-paym... by anongraddebt on Monday December 10, 2018 @02:08AM (#18645844)
Yep. You'll find structurally similar examples from the late 19th century when England passed the torch of tech innovation to the U.S.

Same goes for business history. Companies built from the ground up on the new technology tend to have the wind at their back.

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