Quote from: btcnbegun on Today at 03:42:45 AM

How markets in the poorest of countries revolve around circular markets working on about $1/day. How can these people use bitcoin non custodially when each transaction they make on chain would cost them 1/5 of their daily income? If fees ever go above 1 sat/vbyte, I would find it very hard to convince any of these people to use bitcoin. Every solution I can think of involves at least one on chain transaction or custodial solutions.

People with such low income should keep saving on fiat until ot is big enough to engage in Bitcoin transactions. Saving one dollar per day in a month could give about $25 worth of Bitcoin. They can even decide to save on fiat and buy Bitcoin every three months. An individual could also seek alternative sources of income so that he would have more funds to invest in Bitcoin.

Quote from: DanWalker on Today at 08:29:24 AM

$1/day may sound extreme, but the truth is that the poorest countries in the world in Africa like South Sudan, Central African Republic or Democratic Republic of Congo...According to the World Bank, these are countries with an average income of $2-$3/day and this figure accounts for 60-80% of the population.

That amount is not extreme. Some people earn less than that amount, especially in rural areas. The truth is that a large number of people in Africa don't have savings because of low income.