China’s Ride-Hailing Giant Didi to Test Beijing’s New Digital Currency

BEIJING—Chinese ride-hailing giant Didi Chuxing Technology Co. said it is working with the People’s Bank of China to test the central bank’s fledgling digital currency on its transportation platform, advancing Beijing’s effort to digitize the yuan.

Didi said Wednesday that it had entered into a strategic partnership with the central bank’s Digital Currency Research Institute to carry out research and test the application of the new currency. A spokesman for the central bank didn’t immediately respond to a request for comment.

Source: Digital Coin News (digitalcoinnews.net)

Great, now it is much easier to cancel someone in China and take their possessions.

Woah... and by digitizing all currency, the Chinese government would have an easier time freezing all assets than any “troublesome” individual may possess. No hard currency? Terrifying.

One step further to an Orwellian style total controlled society.

can't wait to try it. said to work offline too, how the hell is that possible.

Santiag78758327

Trump told Tedros in his letter You did not mention that China had silenced or punished several doctors for speaking out about the virus and restricted Chinese .... He had written in a four-page letter to WHO Tedros Here’s what he wrote in that letter:

your mom works there sometimes. When she’s not working at her other job, you know, the one we’re all not too proud of. It’s cause you don’t have health insurance so she has to get around.

Payfrit is doing this on our own because the US govt is too dumb to figure things out on their own. PYT

👍👍

Short it

China didn't even rush into this.They did a careful slow step by step approach. Ironically, they are now the most cashless transaction society in the world. Can't say the same about our short-term instant gratification society.

Terrifying for the USA 🇺🇸

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