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by 0800 3081 days ago
In China, even the beggars accept cards and cryptocurrency. In South-America, street vendors accept cards.

FinTech revolution is happening in China, not so much the US/SV.

2 comments

I'd have to see this on YouTube by several independent sources. Sounds pretty wild, when living standards rise so high the definition of "poverty" becomes more and more absurd.
I haven't seen a beggar accept cryptocurrency (yet), but I've seen them accept mobile payments. Along with informal farm vendors (e.g., guy on the corner with a bag of oranges on his shoulder) accepting mobile payments.
WeChat and Alipay yes, but cards and cryptocurrency?