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116 points mooreds | 1 comments | | HN request time: 0.25s | source
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toenail ◴[] No.45656136[source]
And western KYC/AML laws that are forced upon all countries exclude those people from having bank accounts.
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tiku ◴[] No.45656347[source]
This is why crypto has so much potential, to give them access to a form of digital money.
replies(1): >>45657117 #
cdmckay ◴[] No.45657117[source]
Crypto doesn't solve any of the actual problems here.

These kids can't access any services because they don't legally exist in government systems. No birth certificate means no school enrollment, no healthcare, no social grants.

You think a 15-year-old footballer who can't play in tournaments because he has no birth certificate is going to be helped by Bitcoin?

What school is letting them enroll because they have a hardware wallet?

This is a civil administration problem that needs government solutions: streamlined processes, digital systems, reduced fees, and political will.

replies(2): >>45657259 #>>45657498 #
toenail ◴[] No.45657259[source]
So the government creates a problem, and you think more government is the solution? Bizarre. Yet the 15 year old can find a teacher and pay them directly, they can buy and sell services globally and get paid. Yeah, bitcoin doesn't solve any problems..
replies(2): >>45658321 #>>45659512 #
1. Breza ◴[] No.45659512[source]
So in 2025, what self-hosted options does a 15 year old have to manage his finances using Bitcoin? Assume he gets a monthly paycheck of 0.00125 BTC. How would his employer pay him? How much would be eaten up by fees?

Back in 2013, I loved the idea of Bitcoin. Then I actually tried using it. Such a pain. I switched to Coinbase until I gave up entirely on crypto around 2017 and became highly skeptical it was going to change the world as promised. I would love to hear that the world of self-custodied Bitcoin has become less onerous.