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To: Glenn Petersen who wrote (146)10/27/2020 7:36:11 PM
From: Following-Mr.Pink  Respond to of 176
 
Helps that they're like a closed ecosystem... it's like we're handicapped by the credit card.

Because China's in a p2p system, they can do micropayments and merchants can see directly who the customer is. Additionally, Asia also seems to be the fertile ground for social and consumer applications as well; the monetization of groupchats and video platforms seems to be where we're heading here in the US with all the FaceBook properties (Instagram / Messenger / etc.) and Snapchat.