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Your claim reeks of settled financial and maybe even first world comfort. It's really much more than 0.001% of people that could use something which doesn't req
by shadowprofile77 7y ago
Your claim reeks of settled financial and maybe even first world comfort. It's really much more than 0.001% of people that could use something which doesn't require them to have access to an easy credit card, debit card or formal digital banking. There are millions of unbanked even in many highly developed nations and crypto or some middleman-free version of it could be a viable solution for many of them if it's user.friendliness could be improved a bit as well as wider knowledge of its usability.
- wpietri 7y agoSure, but the same is true of the current banking system: if it were made more usable and accessible, we could broaden the set of people using it. And in fact that has happened in some places. Take a look at M-Pesa, which started at about the same time as Bitcoin, but is actually used on a daily basis by millions of formerly unbanked people. Cryptocurrencies can't get credit for potential anymore. It's time for them to demonstrate actual results or admit that they're niche technical toys.