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Besides high social trust, I assume also a great IT infrastructure with guaranteed high uptime, a tech literate population willing to adopt new technology and n
by FirmwareBurner 3y ago
Besides high social trust, I assume also a great IT infrastructure with guaranteed high uptime, a tech literate population willing to adopt new technology and not be stubborn to change, plus a small business environment not focused on cash driven tax dodging, like in the German speaking countries.
- madsbuch 3y agoyep, especially because a lot of people use debit cards that only work when online. and yes, even on small markets merchants charge with a handheld terminal.
- forinti 3y agoI live in a middle-income country and it's now not unusual to see beggars with card machines at the red light.
- dazc 3y agoIn the UK we have anti-money laundering rules for banks commonly known as 'know your customer' where they are obliged to inquire about how one's business works. I can imagine a few interesting conversions as a result.
- PrimeMcFly 3y agocrypto was probably a godsend.