Differential

The Problem: Currencies as Gatekeepers Here’s what nobody talks about when they build a global platform: Bob lives in Greece. His currency is weak — worth about 80 cents on the dollar. Mary lives in Switzerland. Her currency is strong — worth about $1.40 on the dollar. On every other platform in existence, Bob pays more (relative to his economic reality) and Mary pays less (relative to hers). The platform pretends this is fair because “everyone pays the same price in USD.” ...

{{< pudding-progress >}} The Problem: Not Everyone Starts Equal The Currency Penalty {{< pudding-reveal direction=“left” >}} Imagine two people want to use the same platform. Bob lives in Greece. Mary lives in Switzerland. Both pay $10 to join. But Bob’s $10 cost him the equivalent of $12.50 in local purchasing power. Mary’s $10 only cost her the equivalent of $7.14. Same platform. Same access. But Bob paid 75% more in real terms — just because of where he was born. {{< /pudding-reveal >}} ...