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> and that excludes most unbanked people I don't agree, my step parents (in Romania) are unbanked and they have ID documents. A lot of people are in a similar
by baby 6y ago
> and that excludes most unbanked people
I don't agree, my step parents (in Romania) are unbanked and they have ID documents. A lot of people are in a similar situation there. Yet they all have smart phones.
- TazeTSchnitzel 6y agoAs EU citizens with ID documents and smartphones they can open a full EU bank account in a few taps if they want to. They don't need Diem if they want bank accounts surely?
- baby 6y agoWe’re actually trying to send them money from the US these days and the fees are not great, made me wish Diem was out already :)
- TazeTSchnitzel 6y agoTransferWise already exists. It requires your recipients to have bank accounts but they could easily get them.