Bitcoin's impact on financial inclusion from "summary" of Digital Gold by Nathaniel Popper
The idea that Bitcoin could have a positive impact on financial inclusion is one that has gained traction in recent years. The basic premise is that Bitcoin, and other cryptocurrencies like it, have the potential to provide banking services to individuals who are currently excluded from the traditional financial system. One of the main reasons for this is the fact that Bitcoin allows for peer-to-peer transactions, without the need for a traditional banking intermediary. This means that individuals who do not have access to bank accounts or other financial services can still send and receive money using Bitcoin. In addition, Bitcoin can also serve as a store of value for individuals in countries with unstable or inflat...
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