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The Survival Economist: China is the New Front in the War on Cash, Bitcoin, and Gold


The Survival EconomistPremiered Jan 16, 2022 Banking and technology companies have spent years relentlessly working to replace cash with plastic, digital, or mobile alternatives. China is at the forefront of the war on cash. It has the most residents paying via mobile wallets. Chinese people already use their phones to make payments for everything, even highway tolls. They won’t even notice going cashless. Physical forms of currency — cash and personal checks — are losing favor among global consumers to alternative forms of payment, including debit and credit cards, digital wallets, mobile commerce platforms, and, in some circles, even cryptocurrencies….

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“We Must be Very Close” – RV Intel Update from Rod Steele 1-16-22

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