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Crypto Capture of Foreign Aid

100 points · 37 comments · bko

  1. pj_mukh · · focus · HN ↗
    I know nothing about crypto, but wasn't one if its selling points that its "digital gold" for people without stable fiat currencies?

    You send aid to a drought-stricken farmer to some sub-saharan region with ample cheap data but no (stable) banks, how...are they supposed to store the money?

    1. rfghy · · focus · HN ↗
      Crypto was DoA as the architect had a delulu view of humanity.
      1. mt_ · · focus · HN ↗
        So the best realistic alternative is what, AWS IAM for autonomous economic actors?
        1. boc · · focus · HN ↗
          May I present to you the humble briefcase full of cash?
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