Post
Topic
Board Bitcoin Discussion
Re: Crypto can help poor nations a lot
by
Tmoonz
on 26/07/2024, 14:07:48 UTC
Let's discuss crypto today and how it could help poorer countries enormously.
We all know about crypto, how it is still very new and it is very advanced by technology, but also requires a technical infrastructure which is not available in all poor countries.

It is important to have expansion of infrastructure, and when it happens, crypto is also becoming more famous in more and more poor countries.
Because crypto is global and if the standard of living in New York is very high and an apartment there is very expensive, you can get little value from it despite many cryptos. The situation is quite different in poorer countries, where it is very easy to achieve a lot with little money and therefore It's a globally averaged standard where crypto helps poorer countries disproportionately. This is really good and therefore you should promote crypto.

It can help to address inequality and improve living standards in poor countries, being of benefit to everyone.  Smiley

Let’s discuss today about Crypto and how it can extremely help poor nations.

What I could say is that there are different ways a country can actually be developed or improve their standard of living, if a country can have sensitization campaign on crypto and as well provide employment opportunities to enable it citizens as it requires a good source of income for anyone to invest in crypto considering the fact that one must first ensure that their living expenses are well taken care of including an emergency fund.