Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living
Bitcoin alone cannot increase the level of living; but, it can be utilized to accomplish so. Of sure, it cannot alleviate poverty, but believe me when I say that you can utilize bitcoin to become wealthy, depending on your perspective. There is one thing I understand about bitcoin: how you interpret it will benefit you. Of course, given that many people are illiterate and unable to use bitcoin, it is evident that bitcoin cannot be used by an uneducated person because the entire procedure must first be learned from professionals.
There are a lot of uses that bitcoin can get for society, whether for educated or uneducated individuals. Because the way coin was designed, it is something that will impact everybody world-wide, so you can be sure that in the long run, as long as cryptocurrency is still existing, it will impact everyone. Furthermore, the OP shouldn't forget that the reason that I emphasize and discuss bitcoin is because it is the only coin that has shown that it will continue existing for a long period of time. And also, there was once a team that my country faced cashless policy; there was fiat cash in the country at large, and the citizens were suffering. I believe if it's like this time around that crypto awareness is now in Nigeria, some people will use it as a means of payment.