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The “Silent War” in the Digital Economy: Why Trump’s Rejection of QRIS Shakes the US Hegemony
A fascinating narrative emerges from Yuswohadi’s social media insights: the rejection by the US administration under Trump regarding the use of QRIS in Indonesia is not merely a technical issue but rather a reflection of a “silent war” in the digital economy between the United States and Indonesia. Is this accurate? Let’s go deeper into this.
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QRIS: More Than Just Transaction Convenience
Launched in January 2020, the Quick Response Code Indonesian Standard (QRIS) has rapidly transformed into the primary foundation of digital payments in Indonesia. Beyond simply facilitating transactions across various business scales, from street vendors to modern retail, QRIS is gradually evolving into a symbol of digital economic independence for the nation.
However, this independence is reportedly causing unease at the heart of global economic power. According to the notes, the existence of QRIS makes the United States feel uneasy. Why is this the case?