@CryptoSorted
more from that month
I'm still wondering how crypto banks the unbanked... The "unbanked" are mostly poor, illiterate rural and suburban dwellers who either are too poor or lacks the know-how to interact with the banking/financial system... How is crypto, in its current state with poor user experience, banking the unbanked...? #Cryptocurrency
3 comments
not sure about the illiterate bit. I still remember being in the Peruvian Andes and seeing a lady in traditional dress walking down the street with a mobile phone attached to her ear. But yes banking the unbanked is just a catchy phrase at the moment
When I asked this question, people who believe crypto anarchy lectured me, nobody is poor these days and people people also have mobile phones. I mean being an asian who has seen the slums, and poor people way closer. I found this whole crypto will help the poor and Universal basic income a big 1% rich peoples joke.
Rome wasn't built in a day. Of course, education is needed, plus a few other roadblocks like the ability to make it as efficient and simple as possible.