Hacker News with Generative AI: Financial Inclusion

Cryptocurrency doesn't address the hard parts of financial inclusion (2022) (wave.com)
People sometimes ask us whether Wave uses cryptocurrency or blockchain technology. An important part of the cryptocurrency narrative is that it can help financial inclusion—after all, it’s a way to put your money on a computer, with no legacy banks or regulators acting as gatekeepers. Surely that’s what we need, right?
Sweden is a nearly cashless society – how it affects people who are left out (theconversation.com)
Around the world, cards and apps are the default way to pay – but nowhere is the transition away from cash more obvious than in Sweden. The Bank of Sweden notes that the amount of cash in circulation in the country has halved since 2007.