I agree here, it would be nice if this was the case. Like you I also worry that in it's current form a crypto banking implementation for the underbanked people of the world would be a worse solution for everyone.
- No human being that's able to reverse fraudulent or mistaken transactions
- Currency that's hardly more stable (probably less so) than the world's the least stable currencies
- A digital environment that's rife with fraud and a completely fresh and unknown attack surface due to the nature of smart contracts
- No human being that's able to reverse fraudulent or mistaken transactions
- Currency that's hardly more stable (probably less so) than the world's the least stable currencies
- A digital environment that's rife with fraud and a completely fresh and unknown attack surface due to the nature of smart contracts
- Sky high transaction costs. Meaning the poor (the unbanked) will may more for banking than the rich do. (like they do for furniture https://www.washingtonpost.com/news/storyline/wp/2014/10/16/...)