You raised an interesting point about Alipay. But I’ve had equally fast transactions with Apple Pay/Android Pay. Why not double down on NFC payment options coupled with desktop devices instead of building an Alipay alternative?

If you’re using a credit card as source payment, you get a bank to protect your purchase and presumably some points or rebate?

I understand cryptocurrency as potential replacement to wire transfers and cash payments. But as a consumer friendly choice, why would somebody choose to pay with crypto over NFC pay (with banks promising purchase protection when coupled with credit card)?