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There's no problem here at all. Financial transactions are already providing "rent" to the established players. In particular, you should consider the ludicrou
by gridlockd 7y ago
There's no problem here at all. Financial transactions are already providing "rent" to the established players.
In particular, you should consider the ludicrous fees that the unbanked are paying for basic services.
More competition is only going to drive that rent down further towards marginal cost.