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.
Let’s discuss today about Crypto and how it can extremely help poor nations.
The question is, can the poor people in these poor nations afford to take the risk of investing in bitcoins? Although some persons may invest in bitcoin but then majority of the people may not be patient enough to earn that money capable of improving their standards of living. Many others out of ignorance will not even consider bitcoin as a thing worth investing in. In countries where there are high levels of illiteracy and ignorance, topics about cryptocurrency will not seem relevant to a lot of the population. 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.
Let’s discuss today about Crypto and how it can extremely help poor nations.
These countries are not poor because they lack what it takes to make the standard of living of their citizens favourable, but because they have refused to explore and make use of the natural resources and opportunities within them. Poor countries should concentrate more on utilising the opportunities they have within them, while those who can invest in bitcoins go ahead to invest.