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> most other countries got started decades later due to a lot of factors but mostly either poverty, being behind the iron curtain, or lack of access to reliable
by grecy 3y ago
> most other countries got started decades later due to a lot of factors but mostly either poverty, being behind the iron curtain, or lack of access to reliable computers
You are completely ignoring many countries here that have had instant, free transfers since the 90s.
It never ceases to amaze the lengths Americans will go to explaining why they are behind the rest of the world in some way or other while trying as hard as possible not to say "because profit".
- ex3ndr 3y agoLike what? Most countries in europe still don't have transfers by phone number?
- manuelmoreale 3y agoWhat would be the benefit of that if you don’t mind me asking?
- lxgr 3y agoYes, because they have the real thing: Instant and free cross-country transfers by bank account number. Why use something strictly less powerful? A phone number based transfer service can be implemented as a directory service on top of that much more easily.
- cornholio 3y agoYou mean like MPesa, the exploitative pseudo banking system popular in African countries where mobile phones are more likely to be available than electricity and running water?
- thecodedmessage 3y ago“Because profit” is a bad explanation. It’s super incomplete.