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RE: LeoThread 2025-07-19 07:00

in LeoFinance3 months ago

Part 9/17:

The core promise of Bitcoin, according to the speaker, lies in its ability to transform financial inclusion. With over three billion people lacking any banking access, Bitcoin presents an opportunity to "unbank" everyone—giving even those in remote areas and cash-based economies the chance to participate in the global economy via simple mobile devices.

He cites the example of a Kenyan farmer with a basic cellphone who could instantly become a participant in international finance, borrowing or sending remittances without traditional bank infrastructure. The widespread availability of cell phones—more prevalent than clean water—underscores Bitcoin's potential to reach marginalized populations.

Interstitial Innovation: Filling the Gaps