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RE: How The Blockchain Can End World Poverty

in #cryptocurrency7 years ago (edited)

Crypto currencies are touted as a way to unite the globe with a decentralised currency. As for their use in helping those in poverty stricken nations, I can see that crypto currency potentially could help with crypto currency being used in lieu of a hyper inflated local currency. In saying this securing a financially stable currency would alleviate some issues, however there are still many other issues which effect these poverty stricken nations which need to be looked at in tandem ie lack of access to education, food, medicine or clean water not to mention being effected by war, poverty and famine. Without an approach which takes all aspects of local life and issues into account could lead to an aid attempt that could infact exacerbate the situation.

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