Post
Topic
Board Bitcoin Discussion
Re: how bitcoin and blockchain technology can be of help to poor countries.
by
john_egbert
on 26/02/2025, 07:21:33 UTC
Microfinance platforms based on blockchain could also open up new opportunities for entrepreneurs who might struggle to access credit otherwise. Plus, the lower costs of remittances would be a huge advantage for families relying on money sent from abroad. Many people in those areas have smartphones, so being able to use Bitcoin for payments could really help ease transactions. Improving internet infrastructure for these people through these projects could also have a ripple effect in enhancing the overall connectivity and access to information. This is quite an exciting prospect

Lots of opportunities, but mostly, it would come from better management of all the other systems - surely, what you described would help people and would do so a lot, but, it should be built upon a proper investment base / the ability to create and sustain such big and tech-strong projects, and so on.
To keep things the way they are developing.