114. Richard Turrin: "Cashless"
The Honest Drink
00:00
Is the Digital Currency Just Remove One Less Middleman in the Process?
In a digital UN scenario, you don't have a private company like Alipay or WeChat also collecting it down. That actually has all your information because you filled out all the- Is that the main difference? But I have to go back and I misspoke. When you make these payments that are below 2000 RMB, the bank will not have access to that data. So in the back end, it would just be like some a bunch of numbers. It'd be like a serial number to an action code.
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