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by solardev 906 days ago
I'd want it to be run by some org I can trust, maybe some nonprofit or the UN, or at least someone like PayPal or Stripe or Google. Not a bunch of shady cryptobros trying to start the next pyramid scheme.

Then again, I think it's easier to just use a regulated bank. What good is insurance from a crypto company? That sounds like just another way to scam users before the insurance company folds after a year and the founders escape with everyone else's money.

Primarily I just want an easy way to send and receive money between individuals in different countries. Western Union sucks and Wise is a pain to set up. I would never want to keep funds in crypto, but I'd totally pay a transaction fee and exchange rate to easily send or receive money from foreigners.