Mexico's Digital Peso to Include Everyone Who Owns a Smart Device
Mexico’s central bank, Banxico, has unveiled a revolutionary approach to financial inclusion: simply ensure everyone owns a smart device. This groundbreaking initiative, announced with the gravitas one expects from a tweet, promises a Central Bank Digital Currency (CBDC) by 2024. Finally, the unbanked can join the digital age, provided they first navigate the trifling hurdle of acquiring a smartphone, reliable internet access, and perhaps a robust charging solution in areas currently underserved by such bourgeois amenities.
This astute clarification of "everyone" truly sets the stage for a financially empowered future. Why bother with the cumbersome, traditional methods of reaching the truly marginalized when one can simply redefine the eligible population? Those unfortunate souls still reliant on antiquated concepts like cash or physical financial literacy programs can rest easy knowing they weren't excluded; they simply failed to meet the contemporary entry requirements. It’s an elegant solution, really, much like solving hunger by only counting those who can afford a meal.
.Com-munist
Staff Writer
