RATE Group | Can you live on cryptocurrency in China? Documentary Bitcoin Girl shows attempt to do so…
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Can you live on cryptocurrency in China? Documentary Bitcoin Girl shows attempt to do so…

18 Sep Can you live on cryptocurrency in China? Documentary Bitcoin Girl shows attempt to do so…

Posted at 01:41h in Bitcoin News by

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The rapid growth of mobile payment services like Alipay and WeChat Pay has enabled China’s biggest cities to transform into cashless societies, enabling consumers to use their smartphones to pay for almost everything – from meals and transport to film tickets and foot massages.

The development of cryptocurrencies, however, has sparked interest in how one can live in China today using bitcoin, despite the government’s crackdown on digital currency trading and its ban on payment services that accept such assets.

A group of self-described cryptocurrency enthusiasts, who call themselves Team 1234, have provided a glimpse of how a person can survive on bitcoin in China through their independently produced, multiple-episode documentary that was released on streaming video service iQiyi from August 30.

The documentary Bitcoin Girl shows a young woman known by her online identity of He Youbing, which translates as “why insane” in Mandarin, and her attempt to use the digital…

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