21 sats \ 4 replies \ @john_doe 23 Jul 2023 \ on: Reflections from my time in Shanghai tech
Very interesting. If someone refuse to download there app I wonder how things would work. I typically refuse to use anything not open source, and got a phone in the past initially just to try Bitcoin apps. Do you have any example of people who refused to use their app and know how it went?
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10 sats \ 3 replies \ @SimpleStacker OP 23 Jul 2023
I'm curious about this myself. None of my friends and family were in this camp, so I don't have any examples. It's something I'd like to try myself, but I'd need to do more research first.
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0 sats \ 2 replies \ @john_doe 23 Jul 2023
Thank you. By the way, I have heard of the Chinese Yuan expiring at a certain date to force people consume. In practice is it true? Did you have your family running into this kind of problem?
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10 sats \ 1 reply \ @SimpleStacker OP 23 Jul 2023
I don't think this is true. Where did you hear of it? I do remember that China experimented with a CBDC that had an expiry date, but I don't think regular yuan expires
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0 sats \ 0 replies \ @john_doe 23 Jul 2023
Oh I see, thank you. So this was about CBDC only and it was an experiment. I vaguely heard about that but didn't look into the details.
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