@NickSzabo4 @NitiBhan @iang_fc @haydentiff what if aim is to integrate them. They (unbanked) already losing as rest adopt digital money.
@NitiBhan @iang_fc @haydentiff @pesa_africa Cut the Gordian knot: use finance (cash, bitcoin) that doesn't depend for its security on ID.
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@pesa_africa@NitiBhan@iang_fc@haydentiff Banks are not needed to pay & receive & save money. They get in the way of that. -
@pesa_africa@NitiBhan@iang_fc@haydentiff The problem is lack of money, not lack of banks. -
Financial access is needed, banks are not.
@NickSzabo4@pesa_africa@NitiBhan@iang_fc - 1 more reply
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commodity money only useful between distrusting entities. Trust brings efficiency.
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In a nutshell. Only worth the cost when ID not established.
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Identity and money shouldn't be attached. Who I am is not your business.
@C1aranMurray@Itnom@NickSzabo4@NitiBhan@iang_fc@pesa_africa -
My girlfriend gave me £20 earlier. Oddly enough she happens to know me.
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If she loved you, she would have given you
#Bitcoin.@C1aranMurray@Itnom@NickSzabo4@NitiBhan@iang_fc@pesa_africa
End of conversation
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