Post
Topic
Board Bitcoin Discussion
Re: 1.7 billion people are still Unbanked; chances for bitcoin
by
MtYermom
on 26/06/2023, 12:54:03 UTC
According to world bank 1.7 billion people ranging from 200 million in China and India each, 100 million range in Pakistan and Indonesia, 45 to 65 million range in Mexico, Bangladesh, Nigeria etc.

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Low Priority 24 sat/vB $1.02

How many of those would afford to pay with BTC?

How many of those would be able to buy BTC before having a bank account?

How many of those would afford to pay the extra 5-10% cash intermediaries and Batm charge?

How many of those have a smartphone?

How many of those have electricity and internet?

How long it will take to send bitcoins to 1.7 billion people when they just half of that in the entire blockchain in 15 years?

Why do you think having BTC will save them since they are in a situation when they can't even create a bank account?

With what money will people that live paycheck to paycheck would buy Bitcoin?