Post
Topic
Board Beginners & Help
Re: How Cryptocurrency Can Help Developing Countries?
by
23xfi
on 04/04/2018, 20:06:41 UTC
They say Poverty, corruption, inflation, and high unemployment levels are some of the problems that are common to developing countries around the world. In this case, do you have any idea how Cryptocurrency can help and what are those???


For a while, cryptocurrency was only a dream to the majority of the people living in developing countries simply because they had no means of owning these coins. Even at $100, Bitcoin was way too expensive for me but a certain crypto changed all that; STEEM.

STEEM made it possible for anyone from whatever background to earn crypto without having to spend anything. As more people began to earn with STEEM, they were now able to look into other projects (Bitcoin first, then other altcoins) and start to take full advantage of all the powers inherent in cryptocurrency. Once that foundation has been laid, cryptocurrency, and indeed blockchain technology, can then go on to liberate the people from poverty, corruption, and possibly bad governance.