"China’s
biggest cities are now cashless, not
by choice, but by force. ATMs have
gone dark. Vaults are being emptied.
And overnight, the Digital Yuan is the
only currency allowed. What used to be
called your money… no longer belongs
to you. Because right now, China isn’t
“going digital.” It’s seizing control.
What triggered Beijing to pull the
plug on cash, so suddenly, and so
ruthlessly? How are ordinary citizens
surviving when their life savings are
frozen overnight? And what does this
mean for the future of money, not just
in China, but everywhere? Let’s start
with what happened when people in
China woke up and realized their cash
had been quietly taken away."