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A comment on Diem – A rebrand of Facebook’s Libra. Parent comment

Re:Diem – A rebrand of Facebook’s Libra by baby on Sunday December 06, 2020 @03:31PM (#25326372)
> and that excludes most unbanked people

I don't agree, my step parents (in Romania) are unbanked and they have ID documents. A lot of people are in a similar situation there. Yet they all have smart phones.

[ Parent | on HN ]
Re:Diem – A rebrand of Facebook’s Libra by TazeTSchnitzel on Tuesday December 08, 2020 @07:09PM (#25353490)
As EU citizens with ID documents and smartphones they can open a full EU bank account in a few taps if they want to. They don't need Diem if they want bank accounts surely?
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Re:Diem – A rebrand of Facebook’s Libra by baby on Tuesday December 08, 2020 @08:21PM (#25354144)
We’re actually trying to send them money from the US these days and the fees are not great, made me wish Diem was out already :)
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Re:Diem – A rebrand of Facebook’s Libra by TazeTSchnitzel on Wednesday December 09, 2020 @02:50PM (#25363648)
TransferWise already exists. It requires your recipients to have bank accounts but they could easily get them.
[ Parent | on HN ]