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Author Topic: Bitcoin perspective in poor countries  (Read 1194 times)
kellrobinson
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March 03, 2014, 08:32:51 PM
 #21

if i want transfer money with a remittance service (for example US -> Philippines) must be carried via USD, so if i want to transfer BTC is the same. Right?
The whole idea is to avoid transmitting dollars (or any other national currency) across international borders.
Against Hunger
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March 03, 2014, 08:41:59 PM
 #22

This is a great post very excited to see this and read peoples perspectives.  


I am a strong believer that cryptocurrencies can assist in the redistribution of wealth from those who have to those who have not. Through careful planning and a well thought out strategy during these initial adoption periods of cryptocurrencies we can ensure that the focus is on removing inequality and not just maximizing investments the benefits. The right decisions now could "CHANGE THE WORLD". This is why I took on a role as CEO of the Non Profit Organization Against Hunger.

The mission is to reduce poverty and malnutrition by enabling communities to receive donations directly in cryptocurrencies. There are significant benefits for everyone involved. By introducing cryptocurrencies into a community, you are not just allowing the people who receive the donations to pay for nutritious meals you are also kickstarting an economy.

The result is we now have a source of income using a deflationary currency that increases in value over time and is backed by external investors in the currency. This provides value for the people who receive the donation and also across the entire supply chain.  From farmers who grow the crops, to the people who ship the harvest and the merchants who sell the food to the consumers.

The introduction of cryptocurrencies will provide an environment for growth that I believe will reduce financial disparities and assist communities in their mission to become self sufficient.

If you want to volunteer to help out send me a note peter@againsthunger.org

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