Can bitcoin help the world's unbanked?

[flock123]

I do not think so, the world without a bank, it is very difficult to save money and transact in real world

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[tommorisonwebdesign]

Yes. In third world countries that do not have any central banks would skip the introduction of such a bank altogether and use Bitcoin. However, this will probably take some time yet. Not everyone may have the technological understanding needed to use Bitcoin, but hopefully by at least 2020 those third world countries would probably benefit having bitcoin as their currency.

[Pab]

Yes i think not only bitcoin but digital currencys can support unbanking world,but it has to be devloped  some good services,especially mobile

[pitham1]

Yes. In third world countries that do not have any central banks would skip the introduction of such a bank altogether and use Bitcoin. However, this will probably take some time yet. Not everyone may have the technological understanding needed to use Bitcoin, but hopefully by at least 2020 those third world countries would probably benefit having bitcoin as their currency.

Third world countries which do not have a central bank?
I doubt if such entities exist (except possibly if they have adopted the dollar)

[MinerHQ]

I do not think so, the world without a bank, it is very difficult to save money and transact in real world

Yes correct. I don't think bitcoin or any other coins will replace banking system. It almost impossible to dream also.

[avatar_kiyoshi]

When I tried to buy bitcoins using digital platform I had a lot of headaches but when I tried to do this with money was very simple and easy and fast.

It would be possible Biticoins be the solution for people who do not have bank account or working he says illegally.

I see a great pontecial for it however also see a huge problems is a very volatile currency and much of its user wants to make a profit and therefore much speculation in this way is not safe for these people keep their capital in BTC.

What u think about this?

Yes, with bitcoin you have your own bank, very easy and more fast. but why always illegally? because bitcoin anonymous

yes bitcoin is volatile value because it's not fiat, but the risk is more than fiat if you want to invest on bitcoin. high risk = high profit.

[RealBitcoin]

It could but it will take a decade.

I know because generally no matter how big poverty is, people are getting more opportunists, and alot of africans would do anything just to get a few extra bucks.

So even though they might not be technologically savy, they can learn it, and once it goes viral (social pressure on people earning money by it), it could be a big demand.

Imagine africans bartering with bitcoin, due to their crappy currencies overinflating. It could create a new economy right under our noses.