A Third of Humanity Remains Financially Excluded - Bitcoin News

in #dlike6 years ago (edited)

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The rate of the unbanked out there is alarmingly pathetic but what would banks that are supposed to offer solution do? The will impeded you, they will come up with all sort of KYC, AML, and strict regulations. 

Cryptocurrencies do have the potential of reducing the rate of the unbanked out there! 


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No doubt they have the potential to change things, but I fear it may be quite a while before they effectively do so. For one thing, with the prices being so volatile, it maybe be difficult for people to have confidence in them. 

Good point you raised about volatility!

I would venture to say that it is higher.

I hope it changes soon for the good of the people

Cryptocurrency has the ability to handle more issues than we know... 

 

 

It is the future 

And the naive government and greedy banks better come to terms with it!

Well, maybe you're right. The cryptocurrencies have the potential to change this but I think no so far.

If supported and embraced with the aim of utilising its full potential it will from my point of view