NEM takes off on wechat news

in nem •  7 years ago 

NEM announced today that they have been added as payment solution in the Chinese social messenger application Wechat.

And naturally takes off:

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And only one day before I'm done vesting. Sometimes I'm lucky.

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Well done. Are the regulators hands off again over there?

WeChat has 1 billion monthly active users as per last quarter. It is far and away the very best surveillance tool the Chinese government has to keep tabs on 1 billion people. Think about that. The ID of users is real (as on Facebook), so the NEM address will actually meet the AML/KYC requirements the Chinese government has... and it is WeChat... they have major influence. It is a slam dunk.

Wow that is a powerful adoption. Like Steem being adopted by Instagram and Twitter.

crazy run