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ted (not lasso)
@ted
in mexico city for a friendmergency and it’s crazy to me how the street vendors only accept cash anybody know why? in venice beach + the US, they accept venmo or cashapp in rio + são paolo, EVERYBODY uses Pix — from street vendors to big brands big opp for blockchain-based P2P payments bc no web2 competition
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Ian Place
@ians-place
Mexican banks are untrustworthy for most locals. Opaque fees, misleading services, and few locations with insane queue times. From a P2P perspective a lot of it has to do with the fiat banking rails and what jurisdictions/services their customers are allowed to engage with counterparties from.
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