What I dont understand is why there is a need for this.
I can understand the need for something like this in countries with corrupt regimes, where currency fluctuations and inaccessibility to banking makes individual finance difficult.
However, wouldnt refugees benefit more from FIAT donations and teachable skills that are applicable to trades thus increasing their chances of occupation? I still dont see why this is necessary. Theres more effective methods that involve half of the hassle...
Maybe they would indeed benefit more from fiat donations, at least in a practical sense.
But I do think that they stand to benefit way more by having knowledge about crypto.
If they're fully dependent on fiat donations, they have to rely on donations given to them through various NGO's.
Who knows how much of that money actually ends up in the right place.
With crypto they can basically have a direct link with the people who are donating.
I just know that if a refugee reached out to me and offers sufficient proof of their current situation, I'd have no hesitations for sending them a small donations through Bitcoin or whatever altcoin.
How would you do that with fiat? Go to a Western Union office and send them money that way?