Part 10/16:
A key insight Andreas emphasizes is bitcoin’s potential to democratize finance, especially in underserved regions. While the top billion people have access to full-fledged banking and liquidity, billions remain excluded—lacking reliable banking services, international currencies, or digital infrastructure.
Bitcoin can serve as a bank in your pocket for those in remote villages or developing nations. Andreas shares the example of rural Nigeria, where solar-powered phones become vital communication tools. With bitcoin’s infrastructure, such phones could transform into banking terminals—facilitating remittances, loans, and microtransactions—bringing financial inclusion to the most marginalized communities.