This was my question too. I don’t really understand why the U.K. was chosen as the initial market. At least in the U.S. people are used to venmo and suchlike be

This was my question too. I don’t really understand why the U.K. was chosen as the initial market. At least in the U.S. people are used to venmo and suchlike being services they might use. My guess is that either the cryptocurrency people are based in the U.K. or that whoever is in charge is viewing the country as something like America but easier to get started (anglophone but smaller market for testing or easier regulations or less competition) however I don’t think the U.K. is a good substitute for America in this case. The one venmo-like thing people do use a lot in the U.K. is probably something like revolut for dealing with different currencies and international transfers (either for travel in Europe or for migrant workers sending earnings abroad for family or retirement). But a service that’s only available in the U.K. isn’t much use for that. I also personally don’t really see the privacy use. I think I’m willing to give up a reasonably large amount of private information about the people on either side of a transaction if it is effective at reducing fraud and making transactions reversible.