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> Why should a broken commercial currency with surveillance integration be used globally just because the US payment situation is broken? I suspect it won't be
by azernik 7y ago
> Why should a broken commercial currency with surveillance integration be used globally just because the US payment situation is broken?
I suspect it won't be. Possibly could also catch on in developed countries, although places like Kenya and India already have home-grown non-bank phone-based payment systems. One market I can see would be remittances for international migrant workers - think the Indian workers in the UAE, or Filipinos (well, mostly Filipinas) across the Middle East.