Chris Carella
@ccarella
What are ways that crypto can help the world’s poorest people?
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Stipinpixel 🎩
@stipinpixel
This is part of a conversation I had with chatGTP on the subject: Cryptocurrencies can help the poorest people through financial inclusion (access to services without needing banks), low-cost remittances, and P2P loans. They also enhance transparency in humanitarian aid, provide secure digital identities, protect savings in unstable economies, and foster local and global markets. Additionally, they can fund social projects and promote education and access to global markets—all without engaging in cultural extractivism, ensuring respect and empowerment for local communities.
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Stipinpixel 🎩
@stipinpixel
In addition, barriers must first be broken, technological, literacy, volatility, and countries must be truly decentralized... utopias.
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