Post
Topic
Board Bitcoin Discussion
Re: 1.7 billion people are still Unbanked; chances for bitcoin
by
eaLiTy
on 25/06/2023, 11:56:44 UTC
~
Hence with 1.7 billion people staying unbanked, added to the increase of people who don't rely on banks, Bitcoin provides them with numerous options why they should use bitcoin for different purposes like sending money to relatives in different countries at a very low fee.
It is a novel theme that is being repeated for some years, the unbanked with the help of BTCitcoin sending money to relatives in different countries. Look around your neighborhood or meet people living in that kind of poverty, if any of their relatives are working or living abroad then they would be the bread winners and they will likely send money to the poor living without a banking account, if their surrounding is poor it is highly likely no one will accept BTCitcoin, only possible solution is to convert them to fiat and for that you need a bank account.