CRYPTOCURRENCY HAS LEFT THE THIRD WORLD BEHINDI remember when cryptocurrency used to be the solution to global poverty. Not anymore.
2015 was a magical time, when Bitcoin had recovered from its 2014 correction and was gaining serious adoption ground. Back then, it was touted as hope for the third world. Now, high fees due to an ongoing network scaling impasse have shot that dream down for the time being. The cryptocurrency field has since diversified, but largely not in ways of any immediate use to the global poor.
https://www.dashforcenews.com/cryptocurrency-left-third-world-behind/Sigh. This came up on conversation the other day, MasterMined. Cryptos as safe havens have elbowed their way to the front of the stage. But the GFC is gonna trash the banking system, and that'll give our energetic community the chance to assist the unbanked to adopt cryptos. Gee, what a rewarding project to be grass-roots-fully involved in!