Hey folks…
I’ve been reading a lot about Bitcoin and how it’s being adopted around the world, particularly in developing countries. However, I’m struggling to understand how it actually benefits poor people in those regions.
From what I gather, Bitcoin is often touted as a way to bypass traditional banking systems, avoid inflation, and send remittances more easily. But for someone who’s living on less than a few dollars a day, how do they realistically use Bitcoin? How do they even access it without a smartphone or reliable internet?
I’m also curious about the volatility. If someone is already struggling to make ends meet, wouldn’t the fluctuating value of Bitcoin be a huge risk? And are there any real-life examples of people successfully using Bitcoin to improve their financial situation?
I’m really interested in understanding how Bitcoin could potentially help or harm people in developing countries. If anyone has insights, resources, or personal experiences, I’d love to hear them. 