Post
Topic
Board Altcoin Discussion
Re: Can crytocurrency reduce Global Poverty ?
by
basyang
on 29/05/2018, 12:46:35 UTC
We know that Blockchain is making big waves among wealthy investors, But Do you think blockchain and cryptocurrency have the potential to benefit the people who are living in underdeveloped or developing countries and are in desperate need of secure, reliable, and affordable financial services ?

Global poverty is a huge problem of every country and even the government did not afford to solution it. So, how the cryptocurrency can reduce it if the government can not do it. Not all problem in economy can be solve in bitcoin especially if its not legal yet. Its hard to say what bitcoin can do particularly in the matter of financial services its a huge responsibility can bitcoin hold. Even though bitcoin has many opportunity to us and to our economy but its different economy between developed country and undeveloped country so we can not defined easily if bitcoin can help it or not.