A hell of a lot is going to happen within 6 weeks. China has announced its digital yuan, already piloted and being rolled out, wanting adoption by 2022; America is currently playing catch up in the public eye. Does this play into SPT’s favour becoming a credit based society (which we already are)? How does this effect transactions? Fintech is a mind blowing space at the moment, moving so fast if you’re not ahead of the game you’re literally old tech and in the bin. (LBYfor example who just announced another capital raise)
With union pay I’m not as excited as I once was, isn’t it only available to the 150,000,000 card holders outside of China? Secondly (and our biggest issue) only available to the cardholders shopping at merchant stores who have on boarded with SPT’s tech? How much market share are we really going to have? We (in my opinion) need to be on or at every digital payment terminal/gateway WW.
My head hurts. Lol
SPT Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
