[whb07]

Yes, but you’re also doing the typical apples to oranges comparison here. Just like the ol’ “China is light years ahead in mobile payments!”. Well sure, because we have a mature credit card system that works well and the Chinese never had a credit card in the first place.

Long story short, because the economies are at different stages, the issues that China has now perhaps the US had 50+ years ago.

You’re not going to sell a product to a 40 year old the same way you do to a 12 year old.