Zuckerberg talked about the competition of WeChat Alipay. Why is the payment method of cash gradually fading out of people's sight?

Not long ago, Facebook CEO mark zuckerberg went to the House of Representatives to testify about the cryptocurrency plan. When answering why there was no platform similar to Alipay when competing with payment networks such as WeChat and Alipay, Xiaozha said that this is not only a challenge to Facebook, but also a competitor to all American companies. China's financial infrastructure is much more advanced than that of the United States.

In China, WeChat and Alipay have become a part of people's daily life, with more than 654.38 billion monthly active users. Logging in to WeChat and Alipay can't say everything, but it's not a problem to solve the basic daily life of our citizens. You can use them to communicate, play games, pay and transfer money, shop and buy tickets, and even buy food and anything. You can ask casually, is there anyone around you who doesn't use WeChat or Alipay to pay?

I forget when people stopped using cash. Perhaps it was when the aunt who sold pancake fruit downstairs also hung the payment code sign; Maybe when taking a taxi, the master said to scan the payment code and keep the change; Maybe the uncle who collects waste products said that I would transfer it directly to you; Or maybe the beggar put the QR code sign on him directly to you. It is conceivable that cash charges are really not mainstream now.

From the beginning, foreign countries sneered at our mobile payment, and now it smells really good. It can also be said that China has made great progress in this respect. The situation is reversed. Is it China's turn to lead the Internet today? I believe that after the popularization of 5G, China's Internet will have a more amazing performance. What about you?