Thank you very much for editing this and posting it Joe (DNotes). And Brandon_Cheliak for the slides.
Glad to help. We will have more releases soon.
This means anybody can take part in DNotes Global's success, without needing to come up with minimum capital requirements that are common in the VC world.
I'm tired of rich gatekeepers telling me what I am and can't do. I'm tired of the government using banking as a bludgeoning tool of foreign policy.
There are 2 billion unbanked people in the world. Now they can benefit without needing all the expensive infrastructure of the western economic system.
I wanted to expand on your well-made point MiningHabit.
Crypto & Greater world financial inclusion: The inclusion for all people worldwide to participate in the financial system is now feasible with the advent of digital money. There remain today 2 billion adults without a bank account (as you pointed out); the vast majority living in developing countries. Respondents cited a lack of money as the most common reason for not acquiring banking services â a signal that the economic cost to obtain and service a bank account hinder financial network participation. Proximity to financial institutions for rural dwellings act as a further barrier to entry, with banks preferring to operate only in locations where it is economically viable to do so.
Peer-to-peer cash networks render null and void the economic barriers that prevent financial participation of low-income and remote citizens worldwide. Trade is crucial for economic development, and p2p systems require but two compatible internet-capable electronic devices to facilitate this need â and the capability for digital signed âofflineâ payments are already possible for very remote locations.
How can the DNotes mission to fulfill this need better than the competition can not be a winner!?