Bitcoin is empowering local communities a little bit around the world. Native American communities have been stripped from their land and are struggling hard to escape poverty. This time is
Bitcoin who is helping the Navajo people. West Block a Canadian mining company requested the Navajo nation to allow them for energy for a Bitcoin mine on Navajo land back in 2017. The company is currently employing 2 workers but has grown and is looking to have its operations increased to have 11 workers which will be hired among the community. The company is not only generating wealth for the community but is also providing them jobs and financial inclusion. This is the true nature of the potential bitcoin has to give back the power to people.
I mean maybe not in a direct way, i don't think that actual bitcoin or mining facilities will such a significant impact on the regain or the local community itself, it may create like a dozen job positions, but not at the point where it solves unemployment or bring huge income to them, however in places where renewable energy could created and used to power the mining facilities could make for a significant change to the region, for example for communities who live in the desert region of Africa could benefit from projects that use solar energy to generate electricity, where it could open jobs for creating, maintaining transporting power and even manufacturing solar panels, which could also lead to crypto mining facilities set in those regions the same way we see geothermal being used to mine bitcoin.