How much money laundering & tax evasion should we accept in order to enable low-friction transactions? I suspect neither extreme is optimal.
@numist How about account setup friction? Can a homeless person with a smartphone accept Square Cash donations?
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@paulbaumgart: Assuming they have a debit card, they don't even need the smartphone. Interface is email. -
@numist That's assuming kind of a lot :) - 2 more replies
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