Meanwhile,
Results very unexpected:
If you hope to take a taxi in China. For example, pay in cash, you risk a large disappointment and many refusals. Moreover, In any case. For example, this is the observation of the correspondent of the world, Harold Thibault, within the Middle Empire, which recalls that the use of parts and tickets is in sharp decline in favor of electronic payment via the WeChat and Alipay applications massively widespread on site.
Some regret cash payment
According to our colleague who questioned certain traders in the Beijing center. For example, the last customers who still use coins and tickets are generally over 80 years old. Meanwhile, This was not the case ago a decade ago. Therefore, but this major change seems to have taken place without clashes, even if some ancient regrets it.
One of them thus deplores sadly: “Everything is going too fast. Furthermore, results very unexpected my son and even my 8 year old grandson installed me WeChat and Alipay, but it’s too complicated”. However, A little lost because of new technologies. Furthermore, the latter is therefore obliged to call on family members for trivial acts of everyday life, such as ordering a taxi.
Others, on the contrary, are delighted with the ease of use of these digital services. In any case, this has helped to considerably increase the strike force of local tech giants.
After The worldWeChat and Alipay are used as banking services by residents. At the same time. traditional banks, all public, have not been able to offer adapted features or set up to stick to this new deal.
This power of technological societies has not always been to the taste of the authorities. We have already told you about the case of Jack Ma on Press-pace. The founder of Alibaba. who took results very unexpected the initiative to criticize the sector regulator several times, has become the target of the government. The company’s entry into the company was blocked, while the latter disappeared for several months and even exiled. He was finally received at the start of the year by Xi Jinping. but his misadventures in any case served as an example.
Aware of its shortcomings in front of the private sector. the Banque Populaire de China has for its part set up a digital yuan, the Digital Renminbi, which allows dematerialized payment. If the regime announced in 2022 that 260 million accounts were opened. our colleague notes that this digital currency could not settle in the habits of the inhabitants.
Results very unexpected
The ECB is working on the digital euro
Besides, this initiative also raises obvious confidentiality issues. As François Lenglet explained on RTL In 2021:
Nevertheless. this also means that the authorities will results very unexpected be able to know all your transactions. The end of cash is the end of anonymity. The state. or rather the central bank, which is the same, because it is under the control of political power in China, knows everything about you, in the smallest details. Because your financial transactions reveal a good part of your life. Silver liquid is the protection of privacy, while electronic currency is Big Brother’s dream.
Finally, let us remember that the European Central Bank is working on a digital euro. That said. this is in no way a desire to replace the liquid, as the authorities of the old continent have repeatedly recalled.
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