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Get out of your bubble. 1.4 billion people live in China. A similar number live in India. That's a huge percentage of people on the planet. These people cannot
by contingencies 10y ago
Get out of your bubble. 1.4 billion people live in China. A similar number live in India. That's a huge percentage of people on the planet. These people cannot easily access the US-dominated credit card system at all, or if they can only with significant restrictions. For example, a foreign friend of mine with a credit card issued by a Chinese bank explained to me this week that he cannot use it online because the bank has conjoined his first and last names. Bitcoin gives them a method of cross-border settlement that is actually available and effective.
- BoorishBears 10y agoI'm from Ghana and visit all the time. I lived in 3 countries for at least 2 years each by the time I was 10. Please don't insult me by claiming I live in a "bubble" Bitcoin does not end up being a solution to problem you described in the slightest. The "US-dominated credit card system" and websites that take Bitcoin very rarely overlap. The whole point I made was that the credit card system is still dominating major online retailers and that Bitcoin has existed almost completely outside of those retailers.