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In many parts of the world people are basically cash-only and don't pay fees for handling money most of the time. The "unbanked". This is the market Ethereum wa
by danpalmer 3y ago
In many parts of the world people are basically cash-only and don't pay fees for handling money most of the time. The "unbanked". This is the market Ethereum wants to serve.
Also I'd challenge 10-20 transactions per month. I think in many near cash-less societies it might be closer to 5 per day.
- SideburnsOfDoom 3y ago> The "unbanked". This is the market Ethereum wants to serve M-Pesa got there first, and without the taint of cryptocurrency. It's a real, deployed, working system at scale, and has been for years. The idea that a "hope to serve" after a bit more crypto tech innovation will open an untapped market ... well, I wouldn't take it seriously. It's wishful thinking at both ends of the supply and demand equation.
- thisgoesnowhere 3y agoYou can't invest in M-Pesa tho so it's obviously very bad /s
- medo-bear 3y agoBosnia and eastern and most of europe in general is certainly not cash-less nor do most people desire that
- justwool 3y ago5 per day? My budget is $20 dollars a day. Lmao people are so out of touch with reality. 5 transactions a day? For what? Honestly can I get off this train.