Distrust of Cashless Society
The People’s Bank of China recently launched an e-RMB cyber money system allowing a “controllable anonymity” of financial transactions. This anonymity is only good until the government wants to track what the government determines to be suspicious transactions. If you live in mainland China, this likely suggests simply an innovation to the currency system. If you live in Hong Kong, where democracy is slowly being eroded, you likely look at this as one more step
