Content
@
0 reply
0 recast
0 reaction
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
0 reply
9 recasts
88 reactions
proxy
@proxystudio.eth
In india people used phonepe @cooperray @poliberber.eth any insight into why this isn't more widespread in MCX?
3 replies
0 recast
1 reaction
⚪️ cooper 🎩 ↑
@cooperray
some perspective on Mexico: its a CASH economy the average daily wage is ~200mxn or ~$11.96 USD for 8hrs of work a large portion of people dont have bank accounts (how to accept a digital payment without this?) Additionally, many less privileged families might share 1 cell phone per household.
3 replies
0 recast
3 reactions
Poli
@poliberber.eth
Agree. That also happends.
1 reply
0 recast
1 reaction
Poli
@poliberber.eth
And forgot to add that unlike other economies, we have also a narco-economy so the main reason federal government spies on every mexican citizen accounts is just cause they are tracking narco money.
1 reply
0 recast
1 reaction
