While I find this fascinating, what these monopolies do with their power, I wonder more what the alternatives are… There where some interesting Economist articles on major changes to financial techs aiming to break this though that was years ago and I don’t remember much other then discussion of micro loans and government cryptos schemes
While I find this fascinating, what these monopolies do with their power, I wonder more what the alternatives are… There where some interesting Economist articles on major changes to financial techs aiming to break this though that was years ago and I don’t remember much other then discussion of micro loans and government cryptos schemes
Crypto. I mean everything except the banking system
Fix would be government regulation.
Alternatives are sending cash by mail, accepting bank ACH, and of course, cryptocurrency.
I wonder if the Canadian e transfer system would be helpful. I literally used to buy drugs using e-transfer and I’m pretty confident they still deal.