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This isn’t happening and it’s not the purpose. “Unbanked” is an imaginary word. If a person is “unbanked”, it’s likely that they are also “uninternetted” and/
by mirntyfirty 5y ago
This isn’t happening and it’s not the purpose.
“Unbanked” is an imaginary word. If a person is “unbanked”, it’s likely that they are also “uninternetted” and/or “uncomputered.”
- netsharc 5y agoThere are actually "unbanked" Africans, according to this article they just use their mobile provider's feature of credit transfer to bank that way: https://archive.ph/imZOj https://archive.ph/imZOj - it allows them to buy and sell things and settle debts by transferring digital money between phone numbers. But probably not good enough for the crypto-bros, it's a centralized system!!1!!
- jjeaff 5y agoThat's really not true. You'll find a lot more people with no bank account than you will with no internet access at all. Many of the poorest in the world still have at least a cheap cell phone with some internet access.
- TomSwirly 5y agoAnd even more, "unmonied".