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I have traveled extensively in developing countries (years) and see this cryptocurrency initiative serving a real need with remittances and electronic payments.
by errantmind 5y ago
I have traveled extensively in developing countries (years) and see this cryptocurrency initiative serving a real need with remittances and electronic payments.
- SideburnsOfDoom 5y agoHow then does it compare to M-Pesa?
- errantmind 5y agoI'm not overly familiar with M-Pesa. That said, a primary distinction is centralized vs decentralized. I prefer to have full control and trust in my currency. Crypto is volatile, but there also isn't a central bank to inflate away its value. From my perspective that is the totality of the value from distributed / decentralized consensus in currencies
- SideburnsOfDoom 5y agoSo you're saying you "see this cryptocurrency initiative serving a real need with remittances and electronic payments" and also you're not "overly familiar" with the market leader in remittances and electronic payments?
- errantmind 5y agoThe leader you reference is not dominant in all or even most developing countries. You likely have never even had a need to use an app like this. I can only conclude your comments are in bad faith.