[overthrow]

Under-banked does not mean they have no money. They obviously have some money or they would starve. Many live paycheck-to-paycheck and give 3% of their wages to a check cashing service. If it were as easy as you seem to think for them to get a bank account, those check cashing businesses all around the country would not exist.

[arcticbull]

Indeed the problem is they don't have enough money. Regardless this is a problem for congress. If we're sure they have enough money, this has historically been solved with postal banking. Let's just re-start that. [1]

Check cashing isn't just about cashing the check, it's a predatory short-term lending facility. Actually cashing a check is a solved problem.

And again, not addressed by crypto.

[1] https://en.wikipedia.org/wiki/United_States_Postal_Savings_S...

[overthrow]

You're right, this is a job for the government... but the government isn't solving the problem. "Let's just" have the government do their job. Call me when that happens.

While we sit around waiting, the private sector stepped in with a (interim?) solution. What's wrong with that?