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Or they could sell their bread locally for cash only. Or they could make their own payment processor if the existing ones weren't doing a good enough job for t
by hellojesus 5y ago
Or they could sell their bread locally for cash only.
Or they could make their own payment processor if the existing ones weren't doing a good enough job for them.
There are a lot of avenues to work around the cartel of the banking industry, and I am a fan of any implementation that ignores the unconstitutional Bank Secrecy Act. Crypto does fall into this category but is not the only method.
- landemva 5y ago'Or they could make their own payment processor...' Theoretically maybe. Money transmission laws will likely trip them up. Big barrier to entry.
- hellojesus 5y agoYes, that's why I stated that crypto was still applicable. You get the benefits of money transfer without the barriers to entry (except maybe in converting to and from fiat).