RE: BTC - China is literally laundering its money right now...

Hi Dear Friend @jrcornel.

It is surprising this new action of the Chinese government to control the spread. But this can give us an idea that they are really taking it seriously.

Considering that Chinese citizens live a world of technological possibilities which they use daily for payments of goods and services, it is curious to know that so much cash is still handled.

Chinese citizens use their cellular devices practically for everything. In stores and shops you can pay simply by approaching the cell phone to another device.
But as we can see, a lot of cash is still used. I imagine it should be used in local markets where not much electronic payment technology is still implemented.

Thank you for sharing this interesting news.

All best, Piotr.