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Wednesday, April 15, 2015

Can Bitcoin Feed a Family?

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.

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