China: the journey to a cashless society

I am deeply honored that Rick Huckstep founder of the Wiser! – Tech Economy Newsletter devoted an entire issue to “Cashless!”

Please follow the link below to read the article.   Article snippet below but it doesn’t do justice to Rick’s beautifully illustrated article.

Link to article

Wiser! – Tech Economy Newsletter: China the journey to a cashless society

China: the journey to a cashless society

A vision of what’s to come: CBDCs, Digital Payments, QR codes, frictionless payments

If you saw the title or subheading and thought “not interested, I’ll skip this”…THINK AGAIN!

This a story you need to know about.

It’s a story of how China turned the world’s largest populace into a nation without the need for cash. The old, the young, the poor and uneducated, from the beggars on the street to the largest businesses.

It is also a story about Central Bank Digital Currencies, aka CBDCs. A 4 letter acronym that you’ll be seeing a lot of as more governments begin the transition to Digital Currency…………………

 

Please go to Wiser! to read the rest of this beautiful article that is heavily illustrated with diagrams that are just fantastic……

Wiser! – Tech Economy Newsletter: China the journey to a cashless society

While you’re there check out Wiser!   Rick has a nack for condensing everything you need to know about tech into his newsletter!