> If this succeeds, it will be a data collection tool the likes of which the world has never seen
I'm pretty sure that this type of data collection tool is in use today by the Chinese government.
I'm pretty sure that this type of data collection tool is in use today by the Chinese government.
Yeah US is a bit slow to that party. Alipay and Wechat-pay has roughly a billion users (conservative estimate) in China. It's widely socially accepted.
Makes more sense in the case of China, which never had wide adoption of credit cards. In Libra's case...why should I ever use it instead of sticking with credit cards?
Given that both VISA and Mastercard are on board, I assume that you might not have a choice in the long run.
Good thing they dont share the actual data and only share hashes ;)