Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
CoinHeavy
on 29/06/2017, 00:05:28 UTC
Distribution remains an oft-overlooked consideration with Bitcoin.  Large swaths of currency are held in high concentration by few actors.
Absolute poverty may be alleviated by some global cryptocurrency adoption ( direct access to all markets, fewer middlemen, etc. ).  Consider, for example, what MPESA has achieved in Africa.  Relative poverty, however, may even be exacerbated by cryptocurrency.