3 ms·
It's very strange that developing countries can go cashless, with everyone paying for everything on their smartphones, but a developed country like the US someh
by DiogenesKynikos 3y ago
It's very strange that developing countries can go cashless, with everyone paying for everything on their smartphones, but a developed country like the US somehow can't.
- dvngnt_ 3y agothe USD is much more important
- noduerme 3y agoCountries with weak control over mostly worthless currencies reach a point where it's more profitable for their government ministers to take kickbacks from the banks providing cashless services than it is for them to run a printing press anymore. It's hardly progress. The US still hasn't hit quite that level of corruption, and still has some control over its monetary policy.