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You're conveniently leaving out half the worlds population that doesn't have access to this legacy system.
by intotheabyss 6y ago
You're conveniently leaving out half the worlds population that doesn't have access to this legacy system.
- Daishiman 6y agoThey have fiat currency that they use to exchange for goods and services. I do not know literally a single human being who uses BTC or ETH exclusively for exchanging legal goods and services.
- intotheabyss 6y agoWe're talking about financial primitives, not owning currency. These people do not have access to bank accounts, loans, mortgages, etc. Once you have identity systems on Ethereum, then no-collateral loans and mortgages will be offered to anyone with access to the internet.