Re:Hard Problems in Cryptocurrency: Five Years Later
by Nursie on Tuesday November 26, 2019 @02:38AM
(#21636315)
> The point of the OP was that he believes electronic money cannot benefit the unbanked.
Not really, if you read what you replied to it says that none of the unbanked have cards to buy it with, and that they don't need to be risking what little they have on "unregulated, complicated and easily stolen intangible financial assets which wealthy foreigners invented to print themselves money."
That doesn't describe M-Pesa, but it does describe cryptocurrency.
Not really, if you read what you replied to it says that none of the unbanked have cards to buy it with, and that they don't need to be risking what little they have on "unregulated, complicated and easily stolen intangible financial assets which wealthy foreigners invented to print themselves money."
That doesn't describe M-Pesa, but it does describe cryptocurrency.