Re:US to ban transactions with ByteDance and WeChat in 45 days
by sukilot on Friday August 07, 2020 @09:42AM
(#24081673)
How is digital currency different from debit/credit/ETF/Wire etc?
Re:US to ban transactions with ByteDance and WeChat in 45 days
by mullingitover on Friday August 07, 2020 @03:55PM
(#24085847)
Just look at how reliant the US is on the antiquated ACH transfer system. We're in the year 2020 and it's literally faster to mail someone cash in many cases.
I think it is hardly arguable that China has the most technologically advanced retail market in the world. - Ordering everything online from food to furniture, paying everywhere else by mobile phone, introducing state-sanctioned digital currency [3], and it is closing the gap or even pulling ahead in many other fields as well.
[1] https://www.washingtonpost.com/science/2019/01/03/china-land...
[2] https://www.bbc.com/news/science-environment-53504797
[3] https://www.scmp.com/economy/china-economy/article/3096296/c...