Comment by kingleopold
21 hours ago
these randoms assuming foreign banks accept every human is really funny, enjoy your bubble and ignorance. There are normal people that cant even have a bank account in their homeland.
21 hours ago
these randoms assuming foreign banks accept every human is really funny, enjoy your bubble and ignorance. There are normal people that cant even have a bank account in their homeland.
"There are normal people that cant even have a bank account in their homeland"
And I feel for them but 2 wrongs don't make a right. Crypto is not the answer for that problem.
> There are normal people that cant even have a bank account in their homeland.
And approximately none of these people's problems have been actually solved with cryptocurrency.
Indeed. They have instead been solved by mobile-phone-based systems like Mpesa in Kenya and neighbouring countries.
And, how, do these disenfranchised / persecuted people turn their not-in-the-bank money into WhateverCoin ?
By giving cash to a shady backstreet exchange guy? Or maybe using a payment kiosk to top up a mobile phone / whatever other service the P2P seller can get the money out of.
But more likely scenario is they have friends who let them use their bank accounts (but don’t have friends who let them use their good overseas bank accounts, so not that useful).
> these randoms assuming foreign banks accept every human is really funny,
Did I imply that? Creating a bank account in my country is an adventure on its own. If I got 50 USD in my wallet, I can exchange it somewhere and pay for food and whatever. My crypto account requires a computer, an internet connection, and someone willing to take it (no one around here).