Re:Woman holds up Lebanese bank for $13k of her own money
by latchkey on Wednesday September 14, 2022 @10:19AM
(#32837607)
> You can store cash
In Vietnam, the largest bill is about $20, which increases the space storage requirements. Let's also remember that people need a safe place to store that cash.
> Way way way easier than Crypto.
Not true at all. Stablecoins, like USDT, are trivial to get and store in quantity.
> Can average citizen safely and reliably store crypto on their own anywhere nearly as easily and safely as cash?
App on a cell phone? Yes. I've travelled all over Vietnam and even in the most remote of remote places, people living in shacks by the side of the road, with no running water or bathrooms, they have 'smart' phones and inexpensive good coverage 4G.
In Vietnam, the largest bill is about $20, which increases the space storage requirements. Let's also remember that people need a safe place to store that cash.
> Way way way easier than Crypto.
Not true at all. Stablecoins, like USDT, are trivial to get and store in quantity.
> Can average citizen safely and reliably store crypto on their own anywhere nearly as easily and safely as cash?
App on a cell phone? Yes. I've travelled all over Vietnam and even in the most remote of remote places, people living in shacks by the side of the road, with no running water or bathrooms, they have 'smart' phones and inexpensive good coverage 4G.