0 sats \ 2 replies \ @john_doe 23 Jul 2023 \ parent \ on: Reflections from my time in Shanghai tech
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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