Crypto is Crucial for Developing Countries


I admit, living in a developed countries has many perks – cheap and convenient finance is definitely one of them. Other, more developing countries do not have it so easy. Inflation and banking costs add up, making everybody’s lives much harder. Moreover, strong Govt influence over personal finances can mean a severe lack of freedom with one’s own money.

This is of course where crypto comes in.

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Bitcoin Donations: 34LS4NMgarVZJBAhhr5tTEDUghSXPqWDoj

Bitcoin Cash Donations: qz7npk3wpdp05e0mhrnze9xzm59p95ywnul6fzmd7c

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Links discussed in video:

1. https://transferwise.com/gb/blog/opening-a-bank-account-in-india

2. https://www.investopedia.com/articles/investing/122315/worlds-top-10-banks-jpm-wfc.asp

3. https://www.cnbc.com/2017/10/08/china-is-living-the-future-of-mobile-pay-right-now.html

4. https://www.cnbc.com/2019/07/26/china-social-credit-system-still-in-testing-phase-amid-trials.html

5. https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

6. https://en.wikipedia.org/wiki/List_of_countries_by_inflation_rate

7. https://cointelegraph.com/news/venezuela-sets-new-bitcoin-volume-record-thanks-to-10-000-000-inflation

8. https://localbitcoins.com/buy-bitcoins-online/VE/venezuela/

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