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Benefits of high crypto adoption
Countries with high crypto adoption often experience several benefits for their economies.
One of the most immediate advantages is financial inclusion. Through crypto, people can conduct transactions, save, and invest without the need for a physical bank account or paying steep fees for cross-border payments.
Another major benefit is the democratization of finance. Crypto empowers individuals to manage their finances independently, without relying on governments or intermediaries, allowing users to borrow, lend, and trade assets without traditional institutions.
High crypto adoption also stimulates economic growth by attracting investment and fostering innovation. For example, countries like El Salvador, which made Bitcoin legal tender, have seen a surge in foreign investment and tourism. 4 replies
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