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That was just us goofing around. What got me excited was mostly the enabling underbanked people argument for crypto. There's countless people all over the world
by bedobi 3y ago
That was just us goofing around. What got me excited was mostly the enabling underbanked people argument for crypto. There's countless people all over the world who can't get a bank account, or if they could, can't get one that is reliable or useful enough for their needs. Eg, maybe the currency is too unstable, or maybe there's too many restrictions on international transfers and commerce etc etc. These people are left with cash and predatory "businesses" like Western Union as their only options. It's not fair and can and should change, but sadly, crypto has spectacularly failed to deliver on its potential here.
- listenallyall 3y agoHas it? Crypto proponents all the time are talking about the unbanked and people in countries with unstable currencies. I really don't know, but what's the deal in El Salvador? in South America? Ukraine? Aren't people using it?