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

The easiest and most secure crypto wallet and dapp browser. Your gateway to getting onchain. /coinbasewallet

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cc @base @coinbase @coinbasewallet when CDMX campaign?

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yes AA is great until one has to offramp; when i was at goldfinch, offramp options for our partners in emerging markets was one of the toughest blockers for on-time payments

i would much rather see a vendor adopt an AA wallet on their smartphone accept USDC than pay a third party payment processor or corporation fees.

chicken and egg issue though in Mexico - how to get crypto to effectivo (cash) when people are underbanked?