If I give you 1 yuan, or give you Virtual Money worth 1 yuan, which one would you choose?
Most Chinese people may choose their own legal currency, after all, fiat currency is easy to circulate and its value is stable. As for virtual money, its price can soar one moment and plummet the next, it's too risky and not stable enough.
However, if this question is placed in Africa, Southeast Asia, or South America, and the Middle East, the answer may be quite the opposite; people would prefer to have Virtual Money rather than hold the equivalent value in fiat currency.
01 The poorest continent falls in love with Virtual Money
The image of poverty and backwardness in Africa has long been deeply rooted in the hearts of the people, and when everyone thinks of Africans, the image that comes to mind is that of scrawny refugees, pitifully holding a few crumpled banknotes to buy things.
You might not believe it, but people are now using online payments. While we are still stuck in stereotypes, Africa has already become the fastest growing in digital finance development and the widest application of Virtual Money.