What China's Cashless Revolution Can Teach the West About Crypto - CoinDesk
China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.
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They have really made it for so long now compared to other countries that are so slow in such technologies..
China is rushing ahead by moving away from cash. It can do this since surveillance is something that few worry about in that country since the government has its hands in everything.
Of course, the entire world is moving in this direction.