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There are a lot of reasons a consumer wouldn't get a bank account in the first place.
by corv 10y ago
There are a lot of reasons a consumer wouldn't get a bank account in the first place.
- drivingmenuts 10y agoAside from not having enough money to start one (which blocks out a whole lot of other opportunities), I'm having trouble coming up with any.
- oldmanjay 10y agoA person I met a few years ago told me rather proudly that he refuses to use banks because the courts can use the money in his account to pay his child support when he doesn't want to.
- nickpsecurity 10y agoThis is probably a huge market given the number of those people I have run into in small towns. Another is tax BS with the IRS where they try to garnish but person can't afford a lawyer to show it's bogus. They seem to have trouble doing it with things other than regular, bank accounts. People getting payed on cards often have no trouble.
- MichaelGG 10y agoPrivacy. No need for any transaction details to be given to my bank. Just use BTC to buy cash, exchange for prepaid cards, for instance. (Or direct BTC->cards.) Since it's hard to use BTC anonymously, Z Cash allows nice insertions of hard privacy points.