this post was submitted on 29 Jun 2025
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[–] xep@fedia.io 69 points 5 days ago (3 children)

This is a bad thing unless the digital currency is also privacy preserving.

[–] NoneOfUrBusiness@fedia.io 38 points 5 days ago

In China? No way.

[–] who@feddit.org 26 points 5 days ago

WeChat or Alipay

A bad thing, then.

[–] ShittyBeatlesFCPres@lemmy.world 17 points 5 days ago

It’s just WeChat. It’s basically like Venmo. It’s been that way for awhile. Even rural farmer’s markets and street vendors and stuff took WeChat last time I went and that was 7 or so years ago. It’s not a digital currency.

It should be noted that WeChat is very much more expansive in China than in the West where it’s just a chat app. An American friend lived there for awhile for work reasons so I’d go visit her. My WeChat was just a chat app and hers was the “everything app” Elon Musk dreams of making X into. (Which I seriously doubt will work in America because we have different apps that do all that. China didn’t and WeChat filled the void.)