China’s NFT Plans Are a Recipe for the Government’s Digital Control

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Lawfare

China is doubling down on the idea of a wholly digital economy, constructing software infrastructure to support more expansive data analysis that is likely to strengthen the Chinese Communist Party’s authoritarian control, as well as give China an international edge in technological innovation. The latest part of China’s digital economy strategy is flying under the radar, probably because it is based on a software innovation commonly thought of as nothing more than the most recent cryptocurrency fad: non-fungible tokens (NFTs). NFTs have sparked viral memes and China’s NFT Plans Are a Recipe for the Government’s Digital Control