you are cutting out the bank account that necessitates a payment transaction. A bank account might also be associated with a credit card. That credit card might charge both the customer with interest and merchants with fees. Then, there’s fees associated with maintaining a bank account. All of that gets cut out from doing a transaction straight through one of FB’s apps using GlobalCoin.

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Writer, Technologist: Tech|Future|Leadership (Forbes-AI, Behind the Code)

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