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1 year ago 2 points (+2 / -0 ) 1 child
Make me think of dissidents like Red Ice, Mark Collete who have been frozen out of banking and payment processors. Crypto seems like a good work around currently.
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1 year ago 2 points (+2 / -0 )
There are some problems with crypto, for a person that is frozen out of bank.. They can receive crypto, and send it.. but they need a bank to convert it to cash.
  
The unbanked should buy a decent safe, and convert their cash to silver, and their silver to cash.. and let their safe be the bank.. If they have a lot then they should have several safes..
  
Not necessarily ideal, but I have gone unbanked for a few years at a time, it does limit some buying and business opportunities, but it also relieves some forms of stress.
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