[governance] Web payments

[Ian Peter]

yes, i read that quickly - the "due to banking corruption" is listed as 
another factor along with high banking fees . we could probably add "wanting 
to hide the transaction from monetary officials" as another factor here.

this all brings up the whole bitcoin issue as well I guess.



-----Original Message----- 
From: David Conrad
Sent: Wednesday, April 17, 2013 6:20 AM
To: Ian Peter
Cc: governance at lists.igcaucus.org
Subject: Re: [governance] Web payments

Ian,

On Apr 16, 2013, at 12:54 PM, Ian Peter <ian.peter at ianpeter.com> wrote:
> question - how many of the 2.5 billion people who can't afford bank 
> accounts can afford mobile phones and internet access?

I suspect some of the 2.5 billion people without bank accounts don't have 
them for reasons other than being unable to afford them (e.g, from the 
quote, "due to banking corruption").  I personally know of folks who choose 
not to have bank accounts because it grants government and bank officials 
too much of a view into financial transactions but who do have smartphones 
and pay for mobile data plans.

Regards,
-drc 


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