Re:Raspberry Pi Server Mark III
by nl on Sunday December 20, 2020 @08:08PM
(#25491124)
The physical location of a person isn't generally the key barrier to being unbanked; instead it's poverty.
"The most common one was having too little money to use an account. Two-thirds cited this as a reason for not having a financial institution account, and roughly a fifth cited it as the sole reason. Cost and distance were each cited by about a quarter of those responding to the question, and a similar share said they do not have an account because a family member already has one. Lack of documentation and distrust in the financial system were both cited by roughly a fifth of adults without a financial institution account, and religious concerns by 6%."
"The most common one was having too little money to use an account. Two-thirds cited this as a reason for not having a financial institution account, and roughly a fifth cited it as the sole reason. Cost and distance were each cited by about a quarter of those responding to the question, and a similar share said they do not have an account because a family member already has one. Lack of documentation and distrust in the financial system were both cited by roughly a fifth of adults without a financial institution account, and religious concerns by 6%."
https://www.cashmatters.org/blog/globally-17-billion-people-...
(And to state the obvious: poverty is also a barrier to owning physical infrastructure)