China’s grand experiment with the digital yuan is spiraling out of control. Citizens are rejecting it, merchants are ditching it, and the government is panicking. The very currency that was supposed to give Beijing total financial control is being pushed back by the people. And now, a wave of economic distrust is spreading fast. What was once pitched as the future of money is now triggering fear, confusion, and chaos. Why are Chinese citizens suddenly abandoning the digital yuan, even under government pressure? What unexpected resistance is rising in cities like Shenzhen, Chengdu, and Hangzhou? And how is this digital currency backlash shaking China’s financial future? To understand why the digital yuan is unraveling so fast, we have to go back to how this all began — and what Beijing hoped to achieve.