I agree. I'm under no illusion that Bitcoin would be accepted in China anytime soon, even in our lifetimes.  That's why it's still just a vision, but a vision that *makes so much sense*. I guess the saying "we're still early" still holds true in that sense.

SimpleStacker

tech

Reflections from my time in Shanghai

I spoke to a friend last night still living in Shanghai. He said the lockdown was terrible, but everything now has opened up & booming.

Shanghai is definitely its own kind of place. Go just 80km west to Suzhou & the culture is completely different.

bitcoin still faces the same problem everywhere in that people need to know about it & be willing to accept it as payments. I can't really imagine this happening in China until their RMB is debased significantly. Even then they seem to prefer convenience over freedom (everything you described), so it might even take a change of government/revolution. 