> Also banking the unbanked. There are a couple billion people without access to traditional banking. Most these people now have mobile phones, where instead of

> Also banking the unbanked. There are a couple billion people without access to traditional banking. Most these people now have mobile phones, where instead of signing up at a bank, they could download an app where these people can store their value traditionally for the first time. If you live a society where access to a bank is rare or difficult, chances are that you also live in a society where mobile phones are not as common, education levels are lower, understanding of what a cryptocurrency is and how to use it is lacking. Getting to use a cryptocurrency for people in the developed world can be difficult, in less developed countries even more so. And if somehow you managed to get yourself set up and understand how to use your wallet, it's still empty. And if it wasn't, there wouldn't be enough businesses around that accept the currency. And if there were, the value of what you hold would fluctuate constantly, making actual use close to impossible. It's just a big "no" on every level. Cryptocurrencies are a toy for people in rich societies, not a banking solution for the developing ones.