This is aimed at solving one of several problems people without bank accounts have. So let's just figure out why people don't have bank accounts and account for that:
> People who are unbanked often cite distrust of the banking system, lack of access to government-issued ID, or inability to maintain a minimum balance as reasons they don’t have bank accounts.
Seems easy enough to me. Make government-issued IDs free, make account minimums illegal for FDIC insured banks, and if you don't trust banks, you have nobody to blame but yourself (plus, if you don't trust banks, why would you trust gvmt-venmo?). These fixes would also address a lot of other problems (voter ID issues, other negatives of not having a bank account)
> People who are unbanked often cite distrust of the banking system, lack of access to government-issued ID, or inability to maintain a minimum balance as reasons they don’t have bank accounts.
Seems easy enough to me. Make government-issued IDs free, make account minimums illegal for FDIC insured banks, and if you don't trust banks, you have nobody to blame but yourself (plus, if you don't trust banks, why would you trust gvmt-venmo?). These fixes would also address a lot of other problems (voter ID issues, other negatives of not having a bank account)