Is There a Remittance System That Will Make It Easier to Transfer Money?

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The borderless payment system, where it's peer o pe, isn't? The promise? Is supposed to be, or can send money to someone anywhere in the world. Then. They can either use it to get the yacht, or they can use it in lieu of fiat and we're not anywhere near that. A lot of the times when we have these, these systems to on board and off board people, rit theyre piecemeal, the apache, the weird middlemen that emerge in them,. And the overlying system is still a little too volatile, right? When you really step back and you look at a lot of instances where that rhetoric is employed, like you

Paris Marx is joined by Edward Ongweso Jr. to discuss Elon Musk’s Twitter acquisition, how technology is enabling an extension of speculation and gambling, and why those pressures need to be opposed.

Edward Ongweso Jr. is a staff writer at Motherboard/Vice and a co-host of This Machine Kills. Follow Edward on Twitter at @bigblackjacobin.

🎉 This month is the show’s second birthday. To celebrate, we want to get 100 new supporters at $5/month or above to bring on a producer to help make the show. Help us hit our goal by joining on Patreon. You can also follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter.

Find out more about Harbinger Media Network at harbingermedianetwork.com.

Also mentioned in this episode:

Edward wrote about Elon Musk’s Twitter acquisition and the casino economy we increasingly find ourselves in.
Paris wrote about Elon’s Twitter purchase for Jacobin before it was confirmed, and Tribune afterward.
Max Read also wrote about the acquisition and what it might mean.
CNN spoke to meme stock traders who made a lot of money and the difficulty of what came after.
TrueAnon did a recently episode on mobile gambling.
Tim Hwang wrote “Subprime Attention Crisis: Advertising and the Time Bomb at the Heart of the Internet.”