I think we'll get there. Paypal is actually unknown in China. The chinese use Alipay & Wechat
But Bitcoin here is famous because it do what Alipay & Wechat can not. It is used here in China and abroad
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I've heard that most amount of bitcoin is in China.
I used WeChat when worked in China. and its quite good and multi-functional!
Yes, Wechat & Alipay is the future when you can pay everything with your phone. I can now go out without my wallet. But I would never leave home without my phone because it does everything
I got into bitcoin because Paypal charges a lot just to transfer money from China to Singapore
I agree, and it should be blockchain based type of Wechat and Alipay that we should be using. Transparent, decentralized and accountable.
Yes , I jsut fear the Chinese government control of Wechat & Alipay. But making it blockchain based will make it transparent, decentralized and accountable.