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RE: A Cashless Society Is Scary

in #money • 5 years ago

Crypto Currency will allow everyone to have their own bank account, even when the banks deny them one, because they don't know how to write or can't afford a bank account, or something like that.

Here's a good talk by Andreas Antonopoulos about the subject.

5 years ago in #money by
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     5 years ago 

    I agree, plenty of people well here in Africa I would say are debanked/unbanked or simply don't want to be banked, they prefer cash and with only 5% of the countries fiat being physical cash they're going to have a harder time trading as banks try to squeese it out or try to devalue it even further.

    I think just like we leapfrogged landlines and went to mobile first we will do the same with finance and move directly into crypto much faster than you think. once the tech is discovered they find its free to use wallets/cheap to transfer and get the hang of it, its only up from there

    !ENGAGE 20

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       5 years ago 

      There has already been too much ENGAGE today.

      To view or trade ENGAGE go to steem-engine.com.

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