Part 8/16:
He highlights that 6 billion people are unbanked or underbanked, often in cash-only societies with restricted access to international finance. Bitcoin provides a leapfrog opportunity: bypassing the corrupt, inflation-prone fiat system altogether. It enables cross-border remittances—a market worth over $510 billion annually—where middlemen like Western Union embezzle a significant chunk in fees. By replacing such oligopolies with peer-to-peer transactions, Bitcoin can redirect billions directly into the hands of the local poor, transforming entire communities.