China’s digital yuan tests leap forward in Shenzhen

Digital “red envelopes” are coming to an inbox near you…..

https://techcrunch.com/2020/10/11/china-digital-yuan-shenzhen

As Dave Birch has been reminding us, even while the US can’t wean itself off paper cheques, the great money experiment is over:

Digital currency is coming, and China will take the lead in digital currency just as it did in paper currency.

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