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Entirely this, many in the West have no idea how difficult crossborder banking actually is for the vast majority of human beings on Earth.
by A2017U1 7y ago
Entirely this, many in the West have no idea how difficult crossborder banking actually is for the vast majority of human beings on Earth.
- ehrtt 7y agoAnd FBcoin won't make it any easier, capital controls in India and China won't just go away (not that FB is even allowed in China). Centralized entities will be regulated to maintain the status quo.
- tehsauce 7y agoYes, it's all legal issues. If the government doesn't want money to easily be sent in/out of the country, this isn't going to change that
- baby 7y ago"the West" being Europe. Transfers are still a huge pain in the US.