Can crytocurrency reduce Global Poverty ?

[Salloystic]

Cryptocurrency is helping to reduce poverty in my country especially in the life of youth who have finished their education but they are yet to get job.  Even crypto will not reduce the level of poverty globally, it will with assurance reduce that of any place where people value it and see as poverty alleviate.

[alexberezov]

you know, I do not think that large investors in the blockchain are very interested in the development of countries or the economy. I think they're more interested in their personal enrichment. of course I'm not saying that all, but most. I am sure.

[Haynes]

It is true that Bitcoin makes everyone equal in humanity.
In my village there was also an ordinary boy, then in 2013 he was HODL Bitcoin around 10 and now his life has prospered.

[olsyd]

We know that Blockchain is making big waves among wealthy investors, But Do you think blockchain and cryptocurrency have the potential to benefit the people who are living in underdeveloped or developing countries and are in desperate need of secure, reliable, and affordable financial services ?

I think cryptocurrency won't help such countries, this is the task not for a cryptocurrency and for a blockchain but for governments of such countries. Developed countries are also not interested in the development of poor countries because these countries supply cheap labor. If it was necessary to solve the problems of poor countries, these problems already would have been solved, do not build illusions