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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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links 🏴
@links
I believe there is a local cash app/venmo equivalent called mercado, but to use it you need to have a bank account and pay taxes to the govt, which is out of reach for a lot of people. If you think about it, it’s actually stranger to have an intermediary btw you and your customer than using cash (p2p).
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