How digital cryptocurrency is bypassing bad institutions
Can Bitcoin help alleviate poverty? In developed countries with easy access to credit and banking, Bitcoin is still used mostly by criminals and early adopters – but in developing countries where credit and banking are difficult, if not impossible to access, Bitcoin helps workers not just to store their money, but also to cheaply and effectively send remittances home to help their families.
You can learn more here, and here:
- How Far Can the P2P Revolution Go? by Jeffrey Tucker
- Bitcoin’s Prospects: Bane or Boon? by Sam Patterson and Dan Bier
- Bitcoin: Currency of Currencies by Steve Patterson