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So people who make less than ~$2/day are supposed to now save up (and spend less on food/water/etc) for these "so affordable" panels? And even if they could, ho
by cinquemb 5y ago
So people who make less than ~$2/day are supposed to now save up (and spend less on food/water/etc) for these "so affordable" panels? And even if they could, how are you going to get those panels (or parts replacements for these "so affordable" systems when they will degrade and break down) to these places that have bad or no roads at scale and struggle to get __anything__ to their regions? And completely eschew local mines and resources that are easier to access with less (upfront) capital? Nuts.
I worked remotely for a nigerian fintech that had to do intergrations between the big banks in western africa (and crypto markets) and farmers trying to sell their crops and they pretty much had to get access to capital (which is hard for most people not already intimately connected to wealth/power) to fund __infrastructure__, even before doing anything else (market places local producers/traders getting access global commodity markets via crypto). Even the big banks in nigeria don't even want to fund infrastructure stuff…
Same is true for many places i've visited within Indonesia (been living thru ME to east asia since 2016), its crazy to see local news about new airport being built in an area with pretty much nothing there for most people who are quick to overlook these types of things because they take it for granted in their everyday life.