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Smartphones start at $20. Urban areas where most homeless people are are blanketed with wifi.
by hgsgm 3y ago
Smartphones start at $20.
Urban areas where most homeless people are are blanketed with wifi.
- deleted 3y ago[deleted]
- troupo 3y ago1. Can those smarphones run the necessary software? 2. You're tying people to the whims of internet availability 3. (not yet discussed: main reason for being unbanked is not enough money to even cover the initial required balance) 4. (not yet discussed: bitcoin transaction fees) But sure, do tell me how great Bitcoin is for "banking the unbanked": since we already increasingly exclude people by requiring them to have internet-connected smartphones what's another such requirement which is additionally also much more expensive for all transactions.