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This is exactly one of the problems we as a crypto ATM company solve. Allows a lot of unbanked folks to convert the little cash they earn to digital currency or
by novalis78 8y ago
This is exactly one of the problems we as a crypto ATM company solve. Allows a lot of unbanked folks to convert the little cash they earn to digital currency or cards. You wouldn’t believe the reasons why people can’t get bank accounts...
- vosper 8y agoI don't see how cryptocurrency solves this - if you exchange your cash for a cryptocurrency then there are even fewer ways to spend it than when it was cash. If you exchange your cash for (say) a Visa gift card or some similar reloadable card then you can use it wherever Visa works, which is many places (a lot of which would also accept cash) including online stores. And if the laws are changing to prevent cashless stores from existing then you can just keep your cash as cash.