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India has a great fiat mobile payments system that doesn't require those credit card fees. The real solution is to ditch ACH. >On the other hand I don't see wh
by popcalc 4y ago
India has a great fiat mobile payments system that doesn't require those credit card fees. The real solution is to ditch ACH.
>On the other hand I don't see why crypto needs to go up in value or how that actually helps anyone except people that got in early.
The price rises when someone buys into it. Because no one would sell for less than they just bought, their ask price is slightly higher in general. This makes the quote price rise - same with stocks.
- mrits 4y agoTo be clear, I don't see why it needs to fluctuate in value like a stock to be valuable tech. And I'd prefer it not.
- tock 4y agoThe main problem it solves is trust. I don't see the need for it in a system/govt you trust which is the case in most stable/developed countries like the US or Europe or India. But a fully backed stablecoin available in unstable countries do have a use case.