Interesting possibilities. How does the digital divide between the 1st world and 3rd world affect access and adoption by those living in the conditions you cite? That seems like a big barrier to participating in the digital transfer of value. Is smartphone penetration deep enough to help this population?
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It is a huge barrier. After all, you can't run a train without train tracks. The same goes for cryptocurrency and the blockchain in the sense that in order for it to expand there needs to be a grid (internet , cell towers, computers, etc)
Also, since many of these countries don't have many resources or capital for these projects, foreign investment will be needed. This could be done by transferring capital into the most developed regions in the country or countries and then expanding the infrastructure outward. That in itself is a problem as investments from the top(corporations, billionares) often come with nefarious intentions along with the often shady governments that run the countries. Thanks for reading the post.
Sometimes the counties with the least existing infrastructure can leapfrog to the newest technology because there are no vested interests in old technology. That's what happened in Kenya with M-Pesa. Hopefully the same can happen with crypto currencies in other countries.