this post was submitted on 27 Oct 2023
692 points (86.1% liked)
Technology
59673 readers
3795 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Despite my distaste for the dude, more competition is good. Imagine if he really does make cheap, near instant, worldwide transfers possible and not just to 150 countries or something, but to all of them. There's an insane amount of remittance in the system. It's the entire raison d'être for some banks. If you can enter that ranking around the middle, you'll be making mad bank.
And there’s an insane number of laws and regulations, multiplied by the number of countries. He can’t make it and he won’t make it because he’s an idiot.
Oh, he's gonna get absolutely regulation raped. Still.
It’s already possible; Bitcoin does this.
Right? I'm happy when he throws money into shit.