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Comments by "LoC28C" (@LoC28C) on "China's digital currency - explained!" video.
Essentially when you say that the Chinese Government can look at the detail spending habits of the people in the whole country or either the 2 companies are able to see all the transactions of all the people in the country. It is also the same around the world because the whole world uses Visa and MasterCard and both Visa and MasterCard is able to see the spending habits of all the people around the world. They can then sell this data to respective companies to use for their marketing purposes. The other thing I think you missed out is that aparantly the Chinese Digital Yuan is also based on the Block Chain technology as far as I have read.
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